"Elon Musk Loses $26.6 Billion in One Day as Tesla Stock Crashes Amid Trump Clash!"
In one of the steepest single-day losses ever recorded, Elon Musk’s net worth dropped by $26.6 billion after Tesla shares plummeted 14%, wiping out around $150 billion in market value.
At the center of the storm? A growing feud with Donald Trump and the fallout from the GOP’s proposed tax bill, which aims to eliminate EV tax credits — a move that could cost Tesla over $1.2 billion a year.
Tesla Stock: Down sharply as investors react to policy risks
EV Tax Credits: Under threat, putting future growth in question
Trump vs. Musk: Political tensions spilling into financial markets
Musk’s Wealth: Still the richest, at $380.3B — but under pressure
This high-stakes collision of tech, politics, and market forces highlights how even the most powerful CEOs aren't immune to external shocks.