#TrumpVsMusk
The feud between Donald Trump and Elon Musk is escalating, with Trump's threats to cut off subsidies for Tesla and SpaceX, potentially impacting Musk's business empire. Here's what's happening ยน:
- *The Dispute*: Trump's tax bill could eliminate subsidies for electric vehicle purchases, affecting Tesla's sales and profitability. Musk has called the bill "pork-filled" and a "disgusting abomination".
- *Tesla's Impact*: Tesla's stock price has dropped significantly, with a 6% decline to $298.50 in morning trade, and a 14% plunge wiping out $15.2 billion from the company's market value.