#TrumpVsMusk
Political Clash
Tensions have risen after Donald Trump threatened to cut off federal subsidies to Elon Musk’s companies in response to Musk’s criticism of Trump’s economic policies. Musk labeled Trump’s spending plan as a “debt explosion,” prompting Trump to suggest that a future “DOGE Department” could investigate Musk’s businesses.
Market Impact
• Tesla stock declined by 5.5% due to fears over losing subsidies
• Bitcoin dropped below $107,000 amid increased regulatory unease
• SpaceX could face risks to its government contracts
• Rival EV firms may benefit if incentives are redirected
Trading Insights
• Keep an eye on Tesla’s subsidy situation and regulatory risk
• Expect crypto price swings tied to political news
• Diversify away from assets vulnerable to policy shifts
• Musk’s political funding may offer sentiment clues
Analysts expect ongoing market turbulence, while traders on social platforms share divided views—some seeing price dips as smart entry points.
