US EditionPublic Fight Between Trump and Musk Rocks Tesla, SpaceX: Here Are the Biggest Bombshells - Tesla (NASDAQ:TSLA)
11 Articles
11 Articles
It was written in the stars at the end of the "collition" between the President of the United States and the owner of the Tesla.
Public Fight Between Trump and Musk Rocks Tesla, SpaceX: Here Are the Biggest Bombshells - Tesla (NASDAQ:TSLA)
The public disagreement between Elon Musk and President Donald Trump is causing significant repercussions for Musk’s businesses, Tesla Inc. (NASDAQ:TSLA) and SpaceX. What Happened: The fallout from this dispute has led to a 14% drop in Tesla shares, erasing $138 billion from the company’s market value. Musk’s personal fortune has also suffered, decreasing by $34 billion. The public spat could lead to Musk losing the support of Trump’s followers,…
Tesla's actions have recorded the biggest loss of market capitalisation in the world's largest companies, with a 29.3% decrease, equivalent to approximately $380 billion, reports Reuters.
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The Smart Citizen ReportTesla stock sinks as Musk and Trump ridicule each other
One day after seeing their largest-ever one-day drop, Tesla shares recovered some losses Friday as the spat between CEO Elon Musk and President Donald Trump that exploded into public view Thursday took appeared to take a breather heading into the weekend. Shares in the electronic vehicle maker gained as much as 5% amid broader market gains following a report showing the U.S. added more jobs in May than forecast. Even with Friday’s rally, Tesla s…
The abrupt break between U.S. President Donald Trump and the currently richest man in the world, Elon Musk, propitiates a scenario where they both have to lose: new doubts about the route of their fiscal megaproject for the first, and great economic impact on the technological empire of the second.Until Thursday, Trump and Musk had collaborated closely, as the South African businessman even donated more than 250 million for the Republican re-ele…
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