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š“ Trump Cuts Ties with Tesla After Feud with Elon Musk
Well, that escalated quickly.
What started as a promising alliance between Donald Trump and Elon Musk has officially come to an end. Trump has now ditched the red Tesla Model S he picked up earlier this year as a supposed peace offering. The car is now gathering dust, just like their now-defunct relationship.
š„ From Allies to Enemies
The fallout began when Musk slammed Trumpās latest tax-heavy bill, calling it a ādisgusting abomination.ā As expected, Trump hit back with his usual fiery rhetoric, labeling Musk as ācrazyā and accusing him of suffering from āTrump Derangement Syndrome.ā Once the insults started flying, it was clear that the gloves were off.
š„ $22 Billion in the Crossfire
This isnāt just a political feudāitās financial warfare. Trump is now threatening to pull federal contracts from Muskās empire, including SpaceX, which holds around $22 billion in government deals. Musk, in turn, hinted at leaving NASA partnerships, though he later softened his stance. Was it a real threat or just a bluff?
š Teslaās Bloody Day
The market didnāt take kindly to the drama. Teslaās stock plummeted 14%, wiping out a staggering $150 billion in value in a single day. Though there was a partial recovery, the volatility left many investors on edge.
šø Funding Fallout
And letās not forgetāMusk reportedly poured $300 million into Trumpās 2024 campaign. That funding pipeline? Itās now shut. With the election gaining momentum, both Trumpās and Muskās ventures are now facing financial challenges.
š TL;DR
The Trump vs. Musk clash is no ordinary feud. Itās a high-stakes political and financial confrontation. The alliance is officially over, the funding has dried up, and the ripple effects are just beginning.
#DOGE #PEPE #SHIB