Tesla Plummets on Wall Street After Elon Musk and Donald Trump's Feud

New York, USA – Tensions between U.S. President Donald Trump and magnate Elon Musk have reached a new level, triggering a historic drop in Tesla's stock. The public dispute between the two has caused market uncertainty, leading the electric vehicle company to lose up to 14% of its value on the New York Stock Exchange, equivalent to a $150 billion reduction in its market capitalization.

The Origin of the Conflict

The confrontation began when Musk openly criticized Trump’s new budget bill, calling it an “abomination”. In response, the president expressed his “great disappointment” with Musk and hinted at revoking federal contracts and subsidies granted to his companies. Musk, a key player in the tech and automotive industries, responded on his social media platform X, claiming that without his financial support, Trump would have lost the 2024 election.

Market Impact

The dispute had an immediate effect on Wall Street. In addition to Tesla’s decline, Trump Media, the company managing the social network Truth Social, also saw an 8% drop in its stock price. Analysts from Wedbush Securities described the situation as “a shock to the market”, causing uncertainty among investors and affecting confidence in Musk’s businesses.

The conflict escalated further when Musk hinted that Trump might be connected to the Jeffrey Epstein case, stirring a massive uproar on social media and international news outlets. The accusation, though lacking concrete evidence, has added strain to an already deteriorating relationship between the two. Meanwhile, investors are closely watching Musk’s next moves and Trump's potential response, as the president has hinted that he may take drastic action against Musk’s companies.

Uncertainty continues to rise, and experts warn that this dispute could have long-term repercussions for the electric vehicle industry and the relationship between the private sector and the U.S. government.

sources:Press office official /Washington/EFE/TESLA/ Europa PRESS /Elon Musk vs. Trump | Media Reactions/Team Trump/

Photos stock social networks:

/Elon Musk X / Team Trump/New York, USA/TESLA/

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