Musk's wallet has been 'cut' again!

On July 8, Tesla (TSLA) shares plummeted nearly 7% due to the weekend 'American Party' turmoil, causing the world's richest person to lose $15 billion in a day, equivalent to Rivian's entire market value! The Bloomberg Billionaires Index and Forbes estimate that Musk's wealth dropped from $405 billion to $391 billion, leaving investors panicked: his feud with Trump could cost Tesla and X billions in federal subsidies!

Musk invested $277 million to support Trump in 2024, but now he has turned against the 'Great Beautiful Act' and threatened to create a third party!

Are they performing a double act?🙉