Musk-Trump feud sends Tesla stock plunging as investors face uncertainty

The CEO of Tesla El Musk for the tax reduction package, has left Republican Republicans in congress in the company’s investors in birds like Musk and the verbal circulating president on the bill.

The time of the billionaire in this role was forced for Tesla, who became the subject of the boycott in opposing the role of Musk as the leader of the Ministry of Government Efficiency (DOGE), who sent Tesla shares to its lowest levels in the year in March and April.

Tesla shares increased last month in the period before the end of the Mossk state period as a private government employee in late May, where the billionaire indicated that it would be less participating in politics because he re -focused his attention on Tesla and other companies. Tesla board members wanted assurances from Musk that he would lead Tesla full -time.

The stock gains were revealed after Musk climbed his public criticism of the Republican Party’s draft and President Donald Trump’s support, which escalated into a war of public words on Thursday. The effect of Tesla shares, which decreased more than 14 % during the trading session, while the trading segment continued after hours when the shares were drowned up to 2.7 %.

Trump says he is “very disappointed” in Elon Musk due to opposition to “the largest tax cuts in history”

The slide in Tesla has been distinguished throughout Wednesday and Thursday, the worst extension of the two -day share since the two days ending on November 9, 2021, when it decreased 16.25 %.

Tesla shares have decreased by almost 20 % over the past five days and more than 24.9 % so far.

Since leaving his role with the administration, Musk described the beautiful draft law that has a “disgusting abomination” and the Republican lawmakers urged the killing of the bill because of its expected impact on the budget deficit.

Trump spoke to the press on Thursday during a White House meeting with German Chancellor Friedrich Mirz and said he was “very disappointed” with Musk’s criticism of the draft law, and suggested that musk realizes that Tesla EV benefits will be reduced.

Elon Musk uses Trump’s 2013 words on the roof of debt against him

Musk supported the Trump campaign financially and spoke in the gatherings on the campaign trail. (Jim Watson/AFP via Getty Images)

Musk replied on its social media website X, saying that he did not see the draft law – which was estimated that he was raising the deficit by 2.4 trillion dollars over a decade by the Congress Budget Office – then criticized it again as full of waste spending.

“In my mind, Trump had lost the elections, Democrats will control the House of Representatives and the Republicans will be 51-49 in the Senate,” Mousse said. “This is Ingratetde.”

What is the next for Tesla while the White House musk leaves Trump

The dispute escalated from there, with Trump writing on his social media platform that a good way to reduce federal spending will be to eliminate contracts and benefits that involve Musk: “The easiest way to save money in our budget, billions of billions and billions of dollars is to end government support and Elon.

“In light of the president’s statement about the cancellation of government contracts, SpaceX will start turning off the Dragon spacecraft immediately,” Musk answered. Spacex spacecraft is currently used to transport astronauts and goods to the International Space Station, as well as in private tasks. The company is not circulated publicly and works as its executive head.

Trump and Moussa watched the SpaceX spacecraft launch last year. (Brandon Bell/Getti Emaiz)

Tesla CEO later assumed a target of the TROMP definition policies, written in a post on X, “Trump’s tariff will cause stagnation in the second half of this year.”

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In addition, Musk published that “it’s time to drop the large bomb: Realdonaldtrum is in Epstein files. This is the real reason that has not been publicly published. I wish you a happy day, DJT!”

Musk later answered, “Yes,” a job indicating that Trump should be isolated and replaced with Vice President JD Vance.

President Donald Trump Tesla bought Musk at the White House as support for support earlier this year when the maker faced a violent reaction to the political activity of musk. (Mandel NGAN/AFP via Getty Images)

Dan Evs, administrative director and upper stock research analyst at Wedbush Securities, wrote in a memorandum of investors that the Trump and Musk conflict “quickly escalated to the hostility of high school friends mainly between one time from Musk and Trump.”

Evis wrote: “Tesla shares are under great pressure by 15 %, as investors fear that this battle in musk/Trump will stop their friendship and change the organizational environment of Tesla on the independent front over the coming years under Trump’s management.”

He added that there is a possibility that the dispute will settle to allow the friendship of Musk-TROMP to continue, but he added, “This must begin to calm on musk facades and Trump, and it is not good for either side.”

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“This dispute does not change our budget view of Tesla and an independent vision, but it is clear that it put a fly in the ointment of the organizational framework Trump to move forward,” he explained. “It is another moment in the twilight area in this relationship between musk/Trump, which is now moving quickly to the bottom.”