#TrumpVsMusk #TrumpVsMusk
Elon Musk and Donald Trump are publicly "feuding": Musk criticizes Trump's new tax plan as "disgusting" and withdraws from his advisory position, causing DOGE to drop 12% over the past week, including 6% in the last 24 hours. Trump's retaliatory statements have cost Tesla about 152 billion USD in market capitalization, while TrumpCoin has also sharply declined, shaking both the crypto and stock markets.
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This state of "media divorce" has had immediate consequences: DOGE and Tesla prices have plummeted, while the reputations of both have been affected. However, public opinion is recently hopeful for a de-escalation as the White House and an intermediary have intervened to negotiate, opening the possibility for reconciliation and market stability to return.
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