Musk vs. Trump: noisy endangers space travel and Tesla shares!

Musk vs. Trump: noisy endangers space travel and Tesla shares!

Austin, Texas, USA - In a dramatic public dispute, Elon Musk and Donald Trump have heavily criticized. On the platform X, Musk called for an office ceremony against the former president, while Trump Musk threatened to delete state subsidies and contracts. This discussion was triggered by a draft law in the Senate, which provides for massive tax and expenditure reforms and could possibly increase public debt by trillion dollars. Musk's opposition attitude towards the draft law that cuts the tax credits for electric vehicles contributed to the escalation of the dispute. The draft law was adopted in the House of Representatives with a narrow majority. [Tagesschau] reports that Musk described the law as "disgusting hideousness" and asked the MPs to oppose him.

The dispute has far -reaching consequences, not only for the two personalities, but also for the financial markets. Tesla's share price fell by 14.3 %, which corresponds to a loss of $ 150 billion. Musk's critical statements about Trump's "One Big Beautiful Bill", which includes, among other things, immigration restrictions and cuts in the subsidies for green energies, have further fueled the tensions. Trump countered with allegations that Musk was against the draft law because he is concerned about the financial interests of Tesla, which strongly depended on the state grants.

continued allegations and personal attacks

Musk has also publicly burdened Trump with a connection to the "Epstein files", but without providing evidence. This led to further displeasure and an increasing crack between the two. Trump, who had previously praised Musk as a government consultant, was disappointed with the turn of the events and noticed that he had "done a lot for Elon". Musk's enormity to connect Trump to Epstein has significantly burdened his relationship with Trump. Trump confidants say that they do not believe that the relationship between the two can recover [time].

The dispute has also ended up in danger. NASA is dependent on the "Dragon" capsule of SpaceX, which brings astronauts to the International Space Station (ISS). Musk threatened to take them out of operation immediately. The loss of this capsule could have serious effects on the ISS missions, since SpaceX has already landed government orders worth around $ 22 billion [Wired].

financial effects and protests

The financial markets are increasingly responding to the increasing dispute. Tesla not only experiences a dramatic decline in the market value, but also the newly introduced Trumpcoin lost over $ 100 million in value. Meanwhile, Musk has announced that it is again completely devoted to his companies after the results of the last quarters disappointed and the sales figures fell in Europe. In perspective, Tesla has also set up plans for more affordable electric cars [time].

In the middle of the controversy, global protests against Musk and Trump have formed, which are formally referred to as "Tesla Takedown". The latest activities include calls to sell shares: "Sell, Sell, Sell." This Grassroot movement reflects far-reaching dissatisfaction with the two entrepreneurs and their influence on politics and the economy [Wired].