FLASH
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Elon Musk and Donald Trump once seemed like an untouchable duo. But times have changed, and now their clashes are directly affecting Tesla's stock price.
It all started after Musk openly criticized a bill proposed by Trump, which he called “crazy” in terms of spending. The former US president’s reaction was not long in coming: threats to review government subsidies for SpaceX and Starlink, as well as statements that he would “consider deporting” Elon Musk.
This strong exchange has caused panic in the market and as a result, Tesla shares fell by over 5%, causing the billionaire huge financial losses at a time when the company is not going through the best period.
The open tension comes after Musk has officially stepped down from his role in the Trump administration, where he had been part of the Department of Government Efficiency (DOGE).
Meanwhile, protests and discontent over the company's leadership are growing in Tesla's showrooms. With the clashes now becoming public and directly affecting the market, Musk seems more exposed than ever, not to space, but to American politics.
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