🔴 Trump Dumps Tesla Amid Intensifying Feud with Musk Break
KILLER_INSTINCTS
Updated at: 7 hours ago
{"content":"🔴 Trump Dumps Tesla Amid Intensifying Feud with Musk
Break in the alliance: President Trump is ending his use of the red Tesla Model S he purchased earlier this year, signaling the end of his brief alliance with Elon Musk .
Feud escalates publicly: Musk denounced Trump’s massive new tax-and-spending bill as fiscally irresponsible, calling it a “disgusting abomination” on X. Trump struck back, labeling Musk “crazy” and accused him of “Trump Derangement Syndrome” .
Federal contracts hanging by a thread: Trump has threatened to review or terminate billions of dollars in federal contracts for Musk’s companies—SpaceX alone faces approximately $22 billion in exposed deals; Musk initially warned of pulling SpaceX’s Dragon spacecraft from ISS missions before backtracking .
Market shockwaves: The dispute wiped out roughly $150 billion–$152 billion in Tesla market value in a single day. Tesla shares plunged ~14% following the fallout but rebounded slightly after Musk softened his stance .
Political and financial fallout: Musk had invested nearly $300 million into Trump’s 2024 campaign and promised more for 2026—but that appears withdrawn now. Trump’s stance threatens both tech-industry alignment and government funding for Musk-led programs .
👉 The Bottom Line
What began as a synergistic relationship has fractured into a public confrontation left unresolved. Tesla’s stock nosedived, Musk’s federal deals are at risk, and the once-solid political bond has dissolved—potentially costing both men dearly.
#TrumpVsMusk #MarketPullback #TRUMP #ElonMuskTalks #ElonMusk.
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