Market Impact

On Thursday, Tesla's stock (TSLA) plummeted by 14.3%, erasing approximately $151 billion from its market capitalization. This sharp decline was fueled by Musk's public criticism of Trump's "One Big Beautiful Bill" and Trump's retaliatory remarks suggesting the termination of federal contracts and subsidies for Musk's companies, including Tesla and SpaceX.

In contrast, Trump Media & Technology Group (DJT) experienced a modest decline, closing at $20.12, down 7.9% from the previous session.

#TrumpVsMusk #MyCOSTrade #CircleIPO #CUDISBinanceTGE #MarketPullback