#TrumpVsMusk
The rivalry between Donald Trump and Elon Musk emerged after the U.S. president threatened to cut government contracts with companies owned by Musk, including Tesla. This happened after Musk expressed his opinion on tax and political issues in the U.S.
*The Dispute*
- The public fight began when Trump threatened to cut government contracts with Tesla, led by Musk, in retaliation for Musk's opinions on tax issues.
- Musk, in turn, has been an outspoken critic of some of Trump's government policies.
*Consequences*
- Tesla's shares fell 14% following Trump's statement, resulting in a loss of about $581,673,990,401.50 billion in market value.
- The Nasdaq index fell 0.8% and the S&P 500 fell 0.5%.
- Financial analysts believe that this dispute could affect the regulatory framework for Tesla and other technology companies in the coming years.¹ ²
*Impact on Markets*
- The dispute between Trump and Musk may generate volatility in the financial markets and affect investor confidence.
- Some analysts believe that the rivalry could have negative consequences for Tesla's shares and other technology companies.
*Reactions*
- Some experts believe that the dispute is more a matter of ego and personality than of politics or economics.
- Others believe that the dispute could have significant consequences for the companies involved and for the market as a whole.
