Elon Musk and Tesla in Crisis: Stock Plummets Amid Political Tensions

 In the past 24 hours, Elon Musk and Tesla have faced a major crisis as shares plummet and market value drops over $150 billion amid tensions with President Trump and new policies affecting the EV industry.

🚨 Elon Musk vs. Donald Trump: Tesla Takes a Major Hit

Over the past 24 hours, tensions have escalated between Elon Musk and President Donald Trump, leading to severe consequences for Tesla.
The company’s stock fell by 14%, wiping out roughly $150 billion in market capitalization, after Trump threatened to cut federal contracts with Musk-owned companies including Tesla and SpaceX.
(reuters.com)

Elon Musk vs. Donald Trump: Tesla Takes a Major Hit

The root of the conflict lies in a new budget bill proposing to slash subsidies for electric vehicles, including the $7,500 EV tax credit.
Musk criticized the bill as “a disaster,” prompting Trump to label him an “ingrate” and vow to retract federal deals with Musk’s companies.
(cbsnews.com)

📉 Market Fallout and Musk’s Personal Wealth Impact

This political clash has rattled not only Tesla but broader financial markets.
The Nasdaq dropped 2%, and Bitcoin slipped by 3%, as investors grew wary of mounting political and economic instability.
(investopedia.com, fxstreet.com)

Elon Musk’s net worth has also taken a hit—shrinking by $34 billion in a single day, marking one of the steepest personal financial losses of his career.
(bloomberg.com)

🌍 Global Reactions and Tesla’s Brand Image

Tesla and Elon Musk’s public image are suffering globally.
In Europe—especially Germany—Tesla sales plunged nearly 50% in April.
Protests against the company have erupted, and a growing “Tesla Takedown” movement is urging a boycott of Tesla products and stock.
(latimes.com, en.wikipedia.org)

🚗 The Road Ahead: Challenges and Opportunities

Despite these headwinds, Tesla is still pursuing bold innovations.
The company is preparing to launch its robotaxi service in Texas this June, with a goal of deploying over 1 million autonomous vehicles by the end of 2026.
(investors.com)

🔚 Conclusion: What Lies Ahead for Elon Musk and Tesla?

The clash between Elon Musk and President Trump is more than a personal feud—it’s a symbol of the broader political and economic challenges facing Tesla today.
Can Musk weather the storm and steer Tesla back on course?
The world will be watching closely as this high-stakes drama unfolds.