Old Horse Chuanzi, during the escalation of the verbal battle last night, Tesla's market value evaporated by $150 billion in a single day, setting a record in the company's history and causing a collapse in the previously stable U.S. stock market, with Trump's media technology group dropping 8%. The discord between the two big shots also triggered a sell-off in the cryptocurrency market, with Ethereum falling over 8% and Bitcoin dropping $3,000.
After Trump proposed to terminate the relationship between Musk and the federal government, Tesla's stock price fell by as much as 18% on Thursday, extending earlier losses.
"It's time to drop the real bombshell: @Donald Trump in Epstein's files. This is the real reason the documents are not public. Have a great day, DJT!" Musk wrote.
The White House refused to comment on the contents related to Epstein.
Trump said that Musk opposed the bill because it included a provision that would reduce electric vehicle tax credits, which is a benefit for Tesla.