The conflict between President Trump and Tesla CEO Elon Musk has escalated dramatically, with both men trading insults primarily over differing opinions on a significant budget bill. Trump attributed Musk's opposition to the loss of economic incentives that benefit Tesla, while Musk criticized the bill as filled with unwanted spending. The heated exchanges have led to a notable decline in Tesla's stock price, falling 14.26% on the day due to the fallout from their public disputes. This ongoing feud suggests broader implications for Musk's business interests in relation to governmental relations.
The rapidly escalating feud between President Donald Trump and Elon Musk has not only stunned the political media world but also caused Tesla's stock price to plummet throughout the day Thursday.
As Thursday rolled on, Musk declared Trump would have lost the 2024 election without his help and groused about the president's ingratitude, swiftly followed by claiming there was incriminating evidence about the president in the Epstein files.
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