Elon Musk and Donald Trump have entered an exchange of accusations that can harm (even more) the bank accounts of one of them
Last Thursday was not just the government’s inauguration in Portugal. In the international level, it was marked by an on an exchange of accusations between Elon Musk and Donald Trump. And for now, the accounts are easy to do: the richest man in the world is losing.
The day Friedrich Merz was expected to be one of the protagonists of the day in the White House, the protagonism turned to Trump and someone who was not physically present in Washington, DC: Elon Musk.
When the German Chancellor’s visit to the White House, “two children fighting in a park” was the expression used by Trump to describe the situation between Volodymyr Zelensky and Vladimir Putin. Interestingly, it is an analogy that can perfectly describe the chat that would happen shortly after the US president and the Tesla owner. One on television, another for its social network.
To realize what has spoiled this open and live war that it has to be understood the raymil that came from behind in the explosive relationship between the US President of America and the former leader of the Government Efficiency Department (Doge), where he came out about a week ago.
A few days after his departure, Elon Musk criticized Trump’s plan to reduce taxes and expenses, in a project that provides for a $ 350 billion increase in internal security investment, borders and deportations, but also provides for the end of the “mandatory allowance for electric vehicles” – which is why Trump believes he has “upset” Elon Musk.
According to, at the end of the day when Musk and Trump conflict, liquid property losses were large and revealed that the accusations literally came out to the South African billionaire: $ 34 billion was the value in musk losses, with a 14% drop in Tesla’s value of shares below $
Prior to the Houvic Markets, still space for a descent up to values below $ 276, which eventually preceded a shy, but clear recovery for $ 301 per share on Friday, after the previous day valued at close to $ 330, before the US President and the Spacex owner.
But the losses may not be here: besides the smallest confidence with which investors look at Tesla’s actions after cutting the “mandatory subsidy to electric vehicles,” Donald Trump wrote on the social network Truth Social that if legislators really wanted to save money, they should “end up subsidies and government contracts” with Elon Musk companies, which can bring even more doubts to the future of companies like Spacex.
With an apparent cooling of spirits and an encouraging rise in the market value of Tesla’s shares, there is no certainty where this conflict between the richest man in the world and the world’s most powerful man can come, but “disappointment”, according to Trump and “ingratitude”, who funded Trump’s campaign about $ 250 million – may no longer pass, at a time when more negative consequences can be passed. have the ’empire’ of musk.
