President Trump and Elon Musk would seem to have fallen after a cozy relationship when Musk ruled Dage. Trump gives his opinion why Moscow is upset.
CEO Tesla Elon Musk The vocal criticism of the tax reduction package and the Republicans of Congress has advanced, left the company investors in the suspension, as Musk, and the president trades the verbal barbs over the bill.
The billionaire’s time was tumultuous for Tesla, which became the subject of boycotts in opposition to Musk’s role as leader of the Government Department (DOGE), which sent Tesla shares to the lowest level of the year in March and April.
Last month, Tesla shares were rallied as a result of the expiration of Musk as a special government officer in late May, when the billionaire signaled that he would be less involved in politics if he reoriented his attention to Tesla and other companies. Tesla Council members wanted to assure Musk that he would lead Tesla full -time.
| Ticket | Safety | Last | Variation | Change % |
|---|---|---|---|---|
| Tsla | Tesla Inc. | 284.70 | -47.35 |
-14.26% |
The stock profits have unfolded after Musk strengthened its public criticism of the GoP and President Donald Trump His support, which grew into a public war on Thursday. The effect directed Tesla shares, plunging more than 14% during the trading session, while the slide continued trading in turn when the shares sank as much as 2.7%.
Trump says he is “very disappointed” in Elon Musk for confronting the “largest tax reduction”
The bitter fruits between Elon Musk and President Donald Trump intensified by sending Tesla shares, sliding. (Getti Image)
Slide in Tesla shares during Wednesday and Thursday noted the worst two -day stakes from two days ended on November 9, 2021, when it fell by 16.25%.
Shares of tesla Over the last five days, almost 20% decreased and more than 24.9% today.
Since his departure from the role in the administration, Muscova called one big beautiful GoP bill “disgusting abomination“And he called on republican legislators to kill the bill with the projected influence on the budget deficit.
Trump made a press on Thursday during a meeting with the White House with German Chancellor Friedrich Merz and stated that he was “very disappointed” by criticism of the Musk and suggested Subsidies EV Tesla will be cut.
Elon Musk uses Trump’s words on 2013 on a debt ceiling against it
Musk supported Trump’s campaign financially and spoke at rallies on the company’s way. (Jim Watson/AFP via Getty Images)
Musk replied to his site on social media X, saying he had never seen the bill – which is estimated to be evaluated Raise a $ 2.4 trillion deficit For a decade in the Congress budget – and hit it again as a full waste costs.
“Without me, Trump would have lost the election, the Dems will control the ward, and the Republicans will be 51-49 in the Senate,” Musk said. “Such a thanklessness.”
What’s next for Tesla when Musk goes to Trump’s White House
From there, the hostility grew, and Trump wrote on his social media platform the truth of the social, which is a good way to reduce federal costs, will eliminate contracts and subsidies involving Moscow companies: “The easiest way to save money in our budget, billions and billions of dollars to stop state subsidies and contracts.
“In the light of the President’s statement on the abolition of my state contracts, @pacex will immediately start with the exploitation of the Dragon spacecraft,” Musk replied. Space Ship Dragon SpaceX Currently used to transport both astronauts and cargo to the international space station, as well as on private missions. The company is not publicly traded, but Musk acts as CEO.
Last year, Trump and Musk watched the SpaceX Starship SpaceX Spaceping Spaceping launch. (Brandon Bell/Getti Image)
Later CEO Tesla aimed at Trump Tariff policyWriting in the report on X, “Trump’s tariffs will lead to recession in the second half of this year.”
Musk unleashes wild Epstein, claims Trump after booting out
In addition, Musk published that it came “Time to give up a really big bomb: @realdonaldtrump is in Epstein files. This is a real reason if they weren’t justified. A nice day, djt!”
Later, Musk replied “yes” to a position in which Trump should be impeachment and replace the vice president JD Vance.
President Donald Trump bought Tesla from Musk at the White House as support earlier this year when the EV manufacturer collided with a consumer reaction due to Moscow’s political activity. .
Dan Ius, Head Director and Senior Analyst at Wedbush Securities Research, wrote on an investor’s note that Trump and Musk’s dispute “quickly grew into a high school between once, when Musk and Trump.”
“Tesla reserves are under high pressure by 15%because investors are afraid that this musk/Trump battle will stop their membership and change the normative environment for TESLA on the autonomous front in the coming years as part of the Trump administration,” Jus wrote.
He added that there is a possibility that hostility will calm down to allow the Musk Trump membership, but adding that “it should start calming on Musk and Trump fronts, and this is not good for both parties.”
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“This hostility does not change our bullish look at Tesla and Autonomous look, but clearly puts the fly in the ointment of Trump’s regulatory base,” he explained. “This is another point of dusk in this respect Musk/Trump, which is now moving down quickly.”
