The ongoing public feud between President Donald Trump and Elon Musk has significantly impacted financial markets, particularly affecting Tesla's stock performance.

📉 Market Impact

On Thursday, Tesla's stock experienced a sharp decline of 14%, erasing approximately $150 billion in market value. This downturn was triggered by a heated exchange between Trump and Musk, during which the president threatened to terminate federal contracts with Musk's companies, including SpaceX and Starlink . In response, Musk suggested that Trump could not have secured the presidency without his support and hinted at potential impeachment proceedings.

However, by Friday, Tesla's stock showed signs of recovery, rising over 5% to around $300 per share. This rebound was attributed to retail investors seizing the opportunity to purchase shares at lower prices, with Tesla becoming the second most actively bought stock by individual investors that day .

Meanwhile, Digital World Acquisition Corp (DWAC), associated with Trump's media ventures, experienced a modest increase of 3.8%, closing at $20.90.

🗣️ Political Fallout

The dispute originated from Musk's opposition to a Republican tax and budget bill, leading to a series of public insults and accusations. Musk alleged that Trump's name appeared in the Jeffrey Epstein files, intensifying the conflict . In retaliation, Trump dismissed Musk's claims and expressed disinterest in reconciliation, stating he had no plans to engage in further discussions with the Tesla CEO .

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This feud has not only affected their