"Donald $TRUMP and Elon Musk's feud is getting out of hand! Trump just declared their relationship officially over and warned Musk of "serious consequences" if he supports the Democrats. They're deleting tweets about each other, and things are escalating fast. This public spat could lead to major bombshells and market reactions. To be safe, avoid high leverage for now. The drama between Trump and Musk is real, and investors should be cautious.
Key Developments:
- Trump's Warning: Trump threatened to terminate Elon Musk's governmental subsidies and contracts, which could impact Musk's businesses, including Tesla and SpaceX.
- Musk's Response: Musk accused Trump of dishonesty, poor leadership, and pushing outdated political ideas. He also claimed Trump is mentioned in the sealed Jeffrey Epstein files, sparking controversy.
- Market Impact: Tesla's stock plummeted 14% due to investor concerns about Trump's potential actions against Musk's companies ¹.
What's Next?
The feud between Trump and Musk is ongoing, with both parties exchanging blows on social media. It's uncertain how this will affect their respective businesses and the market. One thing is clear: investors should keep a close eye on developments and adjust their strategies accordingly."
