Trump, Elon Musk
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For Tesla investors, Elon Musk’s involvement with Donald Trump has been a car wreck that’s unfolded in two chapters, one in slow motion, the next on dizzying fast-forward. During Musk’s 130 days running DOGE,
Shares of Elon Musk’s electric vehicle maker are falling sharply Thursday as investors fear his dispute with Donald Trump could end up hurting the company.
2don MSN
"The easiest way to save money in our Budget … is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a post.
Trump added that he has "no intention of speaking" to Musk anytime soon, saying "I’m too busy doing other things.”
As Elon Musk and Donald Trump take jabs at each other online, their respective businesses are plummeting in value.
President Trump bought the EV to show support for the Tesla CEO Musk, who was catching flak for his work on DOGE for the Republican's administration.
How should a corporate board respond to a CEO publicly insulting and shaming a sitting president? It’s not a question that most need to consider, since few chief executives dare to directly criticize the White House.
The market capitalization of Tesla Inc has fallen 29.3% to $917 billion so far this year, the biggest drop among big companies in the world. Tesla, which ranked eighth globally in market capitalization at the beginning of the year,