#TrumpVsMusk
As of June 7, 2025, the public feud between the U.S. President Donald Trump and Tesla CEO Elon Musk has escalated significantly, impacting political dynamics and financial markets.
📉 Financial Market Impact
The feud has had tangible effects on financial markets:
Tesla's stock experienced a significant decline, dropping approximately 14% and losing around $150 billion in market value.
Musk warned that Trump's newly introduced trade tariffs could drive the U.S. economy into a recession in the latter half of 2025.
🤝 Prospects for Reconciliation
Despite the heated exchanges, there are signs of potential reconciliation:
Musk has deleted some of his more inflammatory posts and responded amicably to a White House video where Trump wished him well.
A direct meeting between Musk and Trump is currently deemed improbable; however, discussions may still occur through indirect channels, as Musk is expected to engage with White House aides in the near future.
The unfolding situation between Trump and Musk continues to evolve, with implications for U.S. politics and the broader economic landscape.
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$DOGE
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