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Tesla Stock Falls Amid Trump Deportation Threats Directed at Elon Musk

  • Tesla experienced a 71% drop in net income in the first quarter amid declining global sales and falling stock prices in 2025.
  • This decline follows increasing competition in electric vehicles and conflict between Elon Musk and President Trump over federal subsidies and spending bills.
  • Trump publicly threatened to investigate Musk's government contracts, suggested deportation, and warned the Department of Government Efficiency could 'come back to hurt' Musk.
  • Tesla shares fell over 20% this year with a near 6% drop during recent trading, while analyst Dan Ives called the Trump-Musk feud a 'soap opera' weighing on the stock.
  • Musk responded by threatening a new political party that 'actually cares about the people,' implying further political activism if the spending bill passes.
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CHRONIQUE. By threatening to launch a political party in order to lose Congress members ready to vote Trump's budget law in the mid-term elections, Elon Musk aroused the U.S. President, who is considering "the possibility" of expelling the billionaire. What to worry Wall Street, where Tesla's action has fallen by 5.3% on an increasing market, observes Isabelle Chaperon, economic journalist at the "World".

·Paris, France
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Wall Street analysts expect poor results, Musk has had another nasty falling out with Donald Trump, and the stock price has fallen.

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  • 41% of the sources lean Left
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Lietuvos Radijas ir Televizija broke the news in Vilnius, Lithuania on Tuesday, July 1, 2025.
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