Musk against Trump: Tesla share falls by 14 % - assets melts dramatically!

Musk against Trump: Tesla share falls by 14 % - assets melts dramatically!

Austin, Texas, USA - A violent dispute between Elon Musk, CEO of Tesla, and US President Donald Trump recently had massive effects on the Tesla share. Loud Remszeitung the Tesla share course in US trade collapsed by more than 14 percent. This led to Musk lost almost $ 34 billion in assets in a single day, which threw him back to around $ 335 billion (approx. 293 billion euros). The tensions between the two led to public criticism and a dispute over budget laws.

The reason for the conflict are different ideas about Trump's tax and budget law. Musk campaigned for stronger expenses and warned of a growing budget deficit. Trump, on the other hand, assumes Musk to make mood against the law in order to avert possible cuts in subsidies for electric cars. Trump, Musk's companies, threatened to withdraw the subsidies and government orders on the Truth platform, which would have significant financial consequences for Tesla and SpaceX.

decline in market capitalization

The Tesla market capitalization fell by $ 152 billion in just a few hours. Trumpcoin's course, a cryptocurrency associated with Trump, also lost over $ 100 million. Musk criticized Trump's "One Big Beautiful Bill", which provides for both immigration restrictions and cuts in green energy subsidies and has an estimated increase in US budget deficit by $ 2.4 trillion. Trump then commented on social media and accused Musk, out of concern for the loss of tax breaks for electric vehicles against the legal templates.

The Tesla share experienced the greatest decline within years, while the public protests against Musk and Trump increased globally. According to Wired , the protests are now taking on the form of an organized movement, which is known under the name "Tesla Takedown". The call "Sell, Sell, Sell" is spread by many supporters of this movement.

Financial risks for Musk

In addition, Tesla is under observation by the traffic safety authority NHTSA, which gives the company further challenges. Musk, who then announced that it will be more active at Tesla again, is also exposed to financial risks. He has secured loans with around 236 million Tesla shares. If the share price continues to fall, Musk would have to deposit additional collateral.

Overall, the situation is tense for both Musk and Tesla. Despite the massive setbacks, Musk emphasizes that Tesla does not depend on state grants. Nevertheless, he expressed frustration about the cuts of incentives for electric vehicles and solar energy, while at the same time the subsidized areas for oil and gas remain untouched. For Musk it remains a challenging time, while the financial and political tensions continue to worsen.

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