#TrumpVsMusk Billionaire feud: understand the fight between Trump and Musk, which sank Tesla's stock.

A feud involving U.S. President Donald Trump and billionaire Elon Musk caused Tesla's stock to drop by more than 14% last Thursday, the 5th.

Although the fight escalated due to social media posts, the relationship between the former allies had already been strained since the adoption of the so-called tariff blitz by the U.S. president, who has been increasing export tariffs to various countries around the world in an attempt to strengthen the U.S. industry.

In April, Musk called economist Peter Navarro, the architect of the tariff war launched by the White House, an "imbecile" and said the economist was "as dumb as a sack of bricks." Since that episode, it was possible to perceive a certain strain in the "bromance" between Trump and Musk, his main donor in the 2024 campaign.

In May, Tesla's CEO stated that he was distancing himself from the White House to dedicate 24 hours a day to his companies.

"Back to spending 24 hours a day, 7 days a week at work and sleeping in conference rooms, servers, and factories," the entrepreneur wrote on X.