Tesla Tanks 21%—$150B Wiped Out After Musk Slams Trump Bill
Wall Street's darling hits turbulence as Elon's mouth moves faster than the stock ticker.
Another day, another billionaire temper tantrum shaking markets—but hey, at least the shorts are happy.
Source: Google Finance
Despite the drama, analysts believe the stock dip may be overblown. “It’s more about regulatory fears than EV credits,” said Dan Ives of Wedbush. Still, the feud is making investors uneasy.
Tesla is Musk’s only public company, and its global sales have been slipping this year. His other ventures, SpaceX, X, and Neuralink, also face growing scrutiny. Interestingly, Trump’s own media company hasn’t fared better. Truth Social’s parent firm is down over 41% this year.
As the Musk-Trump feud plays out online and in headlines, it’s clear their once-strong alliance is now in tatters, and Tesla investors are feeling the impact.
Also Read: Elon Musk Slams ‘Big Beautiful Bill’ for $2.5T Deficit Surge, X Pushes to Buy Bitcoin
