Tesla

$TRUMP
Price: 10.41 | Change: +2.68%

A major political-business rift has officially surfaced — former President Donald Trump has reportedly sold off his Tesla Model S, signaling a sharp and public break from billionaire tech mogul Elon Musk. 🧨 What was once seen as a high-level partnership between two of the world’s most influential figures has now turned into a full-blown power struggle — with huge financial and political consequences.

🚫 The Partnership is Over

According to sources close to both camps, Trump and Musk are no longer in contact. Behind the scenes, Musk is said to be reconsidering earlier threats, including potential delays to upcoming SpaceX–NASA collaborations 🚀. Meanwhile, hedge fund billionaire Bill Ackman has stepped in, attempting to mediate and restore dialogue. Musk’s reaction? A short but telling response: "You're not completely wrong."

💥 What’s at Risk?

The impact of this fallout is massive across several industries:

Musk’s empire — including SpaceX, Tesla, and Starlink — could lose government contracts worth over $2.1 billion, if the political tide turns against him ⚠️

Trump’s campaign is projected to lose approximately $340 million in donations and tech-related backing previously linked to Musk’s network 💰

The broader Republican donor ecosystem is now on shaky ground, with key backers reconsidering their positions

🛑 The Tesla Exit

Trump’s decision to get rid of his Tesla is more than just a personal move — it’s a bold political statement. It marks the official end of their collaboration, both publicly and behind closed doors. Once portrayed as political allies aiming to shape America’s tech and energy future, they are now moving in opposite directions.

🎯 What This Means

This isn’t just a personal disagreement — it’s a clash between two titans with enormous influence in tech, finance, and politics. The consequences could reshape federal funding, election strategies, and investor behavior across multiple sectors.

🔍 Summary

Trump parts ways with Tesla — relationship with Musk ends

Musk rethinks his approach to U.S. space missions

Bill Ackman attempts mediation — little success

Potential losses: $340M+ for Trump’s camp, $2.1B+ in federal risk for Musk

Political donors left uncertain, market tension rises

The personal bond is broken. The business interests are now in conflict. And the political stage is being redrawn in real-time. 🎭

#TRUMP #ElonMusk #Tesla #SpaceX #starlink

💼 Musk Leads the Billionaire List
Even after a big drop in Tesla's stock, Elon Musk is still the richest man in the world.
💰 Musk’s net worth: $393.8 billion (KSh 50.9 trillion)He owns Tesla, SpaceX, X (Twitter), xAI, and more
📉 How Much Did Musk Lose?
Tesla’s stock dropped after Musk had a public argument with U.S. President Donald Trump.
📉 Loss: $26.7 billion (KSh 3.5 trillion)📉 Tesla shares fell 14% to $285 (KSh 36,823) on June 5This is the lowest Tesla price in 4 weeksThe stock is now 40% below its high from December 2024
⚠️ Trump vs. Musk
Trump threatened to cancel U.S. government contracts and subsidies to Musk’s companiesTesla and SpaceX get support for electric vehicles and space projectsMusk responded by threatening to pause SpaceX manned missions

🌍 Who Is Africa’s Richest Person?
🇳🇬 Aliko Dangote (Nigeria) remains Africa’s richest man💰 Net worth: $23.9 billion (KSh 3.09 trillion) as of March 2025
Africa’s economy is expected to grow:
📈 3.4% in 2024📈 3.7% in 2025📈 4.0% in 2026
Driven by industries like manufacturing
✅ Summary
Elon Musk stays on top of the world's richest list, even after losing KSh 3.5TA feud with Donald Trump hit Tesla stockAfrica’s richest man, Aliko Dangote, continues to lead the continent
$DOGE
$XRP
$BTC
#ElonMusk #RichestMan #Tesla #DonaldTrump #BillionairesList

Tensions between Donald Trump and Elon Musk have escalated into a public confrontation that has shaken both the political scene and financial markets. In a Friday interview with ABC News, the former U.S. President bluntly referred to the Tesla founder as “a man who has gone crazy,” adding that he had no interest in speaking with him.
“He wants to talk to me, but I don’t want to talk to him,” Trump said when asked about a reportedly planned phone call. According to Trump, while Elon was eager to speak, he himself had no intention of “wasting time on made-up nonsense.”

A Dispute That Reached the White House and the Stock Market
The public feud between the two has been heating up for days. After a series of sharp exchanges on platform X (formerly Twitter), aides from both sides reportedly tried to arrange a call to defuse the situation. However, the plan was abruptly scrapped.
The consequences came quickly – Tesla’s stock plunged more than 14% on Thursday, wiping out approximately $150 billion in market value. While shares briefly rebounded Friday morning amid speculation the two might reconcile, Trump’s public dismissal of the idea led to renewed losses.

A Relationship at Breaking Point
Trump and Musk have a long history of ups and downs – from strategic alliances to open hostility. Recently, their clash took on a more personal tone. Trump openly criticized Musk during an Oval Office press briefing, and Musk quickly fired back on X.
According to insiders, the relationship has become so toxic that any reconciliation seems unlikely for now.

“Elon Is Not Who He Used to Be,” Says Biographer
Renowned author Ashlee Vance, who published Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future in 2015, also weighed in on the fallout. Speaking on BBC Radio 4’s Friday segment, she recalled a very different Musk from years past.
“When I first met him, he was shy and introverted. Now, his public persona is a caricature,” Vance said. She noted that the clash with Trump didn’t surprise her: “Both men want the last word.”
According to Vance, the Trump–Musk relationship was always transactional rather than personal – each expected something from the other. While she didn’t rule out future reconciliation, for now, it appears that both Trump and Musk are committed to a public battle with no room for compromise.

#TRUMP , #ElonMusk , #Tesla , #TrumpVsMusk , #USPolitics

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Retail investors jumped headfirst into Tesla stock on Thursday after shares plummeted 14.3% amid a high-profile fallout between U.S. President Donald Trump and Tesla CEO Elon Musk. The sharp decline marked Tesla’s 11th worst single-day loss since going public in 2010.
Despite the chaos, everyday investors viewed the drop as a buying opportunity. According to Reuters, retail traders invested $201.3 million into Tesla stock on Thursday, contributing to $2.6 billion in total trading volume and making it the second-most purchased stock by individual investors that day.
The market turbulence followed a very public breakdown between Trump and Musk. After a heated exchange on their respective social media platforms, Trump—now back in the Oval Office—threatened to cancel all federal contracts tied to Musk’s companies. The clash escalated after Musk criticized Trump’s tax policies, ending what had once been a seemingly amicable alliance.
Yet small-time investors didn’t flinch.
“Tesla has long been a favorite among retail traders, and a 14% drop is seen as a major buying opportunity,” said Marco Iachini, SVP of research at Vanda Research.
Retail enthusiasm extended beyond just Tesla shares. Traders also funneled $41.5 million into the Direxion Daily 2x Bull ETF (TSLL.O), a leveraged fund that profits from Tesla’s upside, signaling bullish sentiment even as the stock was falling.
The options market showed a similar sense of calm. Chris Murphy, co-head of derivatives strategy at Susquehanna International Group, said there was no sign of panic. Instead, traders were selling put options—a strategy often seen as a vote of confidence that a stock won’t fall much further. Tesla’s implied volatility did spike to 77, the highest in six weeks, but remained well below April’s peak of 106.1.
By Friday, Tesla shares had rebounded 5.6% to $299.14, and volatility eased back to 68.
Retail investors’ aggressive buying helped fuel the rebound, and their optimism was echoed across platforms like Reddit and X. Iachini noted a strong wave of online support: “The dominant sentiment is clear—buy the dip.”
Tesla has long been a retail investor darling. After Trump’s election victory last November, the stock surged 90% in just six weeks. Even after falling 37% from its December high, retail traders continue to hold the line—and buy more.
Their Thursday response made one thing clear: loyalty to Tesla remains strong, even in the face of political risk and market turbulence.
#Tesla #TeslaRevolution #TeslaNews #breakingnews