🚨 Trump vs. Musk Feud Sends Markets Into Chaos: TRUMP Coin & Tesla Stock Crash!🚨
The once-unbreakable bromance between Donald Trump and Elon Musk has exploded into a full-blown feud and the financial fallout is massive. Here’s the latest:
### 🔥 Market Bloodbath
- Tesla Stock (TSLA): Crashed 14% in a single day, wiping out $150B in market value its worst drop in 4 years .
- TRUMP Coin: Plunged 10%+ amid the feud, now trading at $9.72 with key support at $9.38 .
- Dogecoin (DOGE): Down 10% as Musk’s political drama spooks meme traders .
### 💥 What Sparked the Feud?
- Musk called Trump’s “Big Beautiful Bill” a “disgusting abomination”, slamming its deficit impact .
- Trump fired back, threatening to cut all gov contracts with Musk’s companies (Tesla, SpaceX) and calling him “CRAZY”.
- Musk retaliated by hinting at Trump’s Epstein ties and claiming Trump “would’ve lost without me” .
### 📉 Tesla’s Double Whammy
1. EV Tax Credit Cuts: Trump’s bill may axe $7,500 credits, costing Tesla $1.2B/year.
2. Robotaxi Risks: Investors fear Trump could tighten regulations on Tesla’s self-driving tech .
### 🎭 Meme Coin Drama
- Kill Big Beautiful Bill (KBBB): A parody meme coin surged to $53M market cap before crashing 30% top traders cashed out $94K profits.
### 🔮 What’s Next?
- Tesla: If $284 support breaks, more pain ahead. Bulls eye a rebound if Musk-Trump tensions cool .
- TRUMP Coin: A drop below $9.38 could trigger a slide to $8.58.
- Political Fallout: A prolonged feud could hurt GOP’s midterm chances Musk controls 220M X followers.
👇 Will Musk & Trump make peace? Or is this war just getting started?
Like & Share your take! #Trump #Musk #Tesla #Crypto #TRUMPcoin
(Sources: CoinDesk, Reuters, Coinpedia, Forbes, NY Post)