Trump and Musk's Feud Shakes GOP: Tesla Stocks Take 14% Dive!

Explore the escalating feud between Trump and Musk as it impacts politics and Tesla’s stock amid ongoing legislative tensions.
Explore the escalating feud between Trump and Musk as it impacts politics and Tesla’s stock amid ongoing legislative tensions. (Symbolbild/MF)

Key Biscayne, USA - This week has been anything but smooth for President Donald Trump and Elon Musk, with their once-strong relationship unraveling amid political tensions and business implications. What started as a bromance on the political stage has taken a sharp turn as Musk openly criticized Trump’s legislative agenda. Trump, caught off guard by Musk’s dissension, did not hold back in expressing his disappointment, labeling the tech mogul as someone who has „gone CRAZY“ and whose behavior is „wearing thin.“ He even claimed he had “asked him to leave” his administration, a clear sign that their camaraderie may be reaching its breaking point, as Kbindependent reports.

Trump’s grievances appear to stem from Musk’s recent criticisms of the „One Big Beautiful Bill Act,“ which elicited a surprising response from House Speaker Mike Johnson during a CNBC appearance. Johnson expressed disappointment in Musk’s negative comments, emphasizing that the billionaire had ample opportunity to review the legislation before it went to a vote. Johnson, while acknowledging Musk’s contributions to the Republican Party’s triumphs, asserted that the credit for the success should primarily go to Trump. The Speaker’s remarks underscore the rift forming within party ranks due to Musk’s public stance against Trump’s legislative efforts, as outlined by NBC News.

Wider Political Repercussions

The implications of this feud extend beyond mere personal disagreements, raising concerns among Republican lawmakers about party unity. Representative Dan Newhouse shared a glimmer of hope that this discord wouldn’t distract from legislative objectives, while Senator Ted Cruz expressed a desire for reconciliation. However, Trump’s dismissive remarks about Musk’s mental state indicate a reluctance to repair the rift. Without a doubt, House Democratic Leader Hakeem Jeffries sees this feud as a leverage point to oppose the GOP tax package criticized by Musk, illustrating the potential political fallout from their spat.

Musk’s contentious comments have also had ramifications for his business interests, particularly Tesla, which has seen its stock drop sharply by over 14% amid this turmoil. Analysts fear these developments could signal further difficulties for Tesla as it becomes ensnared in ongoing political controversy. Issues have been compounded by recent protests against Musk’s political positions and actions, particularly regarding his advocacy for Trump’s Department of Government Efficiency (DOGE). Protests have erupted at Tesla showrooms nationwide, with some incidents escalating to vandalism, alarming both investors and Tesla owners alike, as The Hill highlights.

Trouble in Business Heaven

Elon Musk’s political entanglements pose a growing threat to Tesla’s image and profitability. The company has seen a staggering 76% decline in sales in Germany, attributed to Musk’s controversial political affiliations. Sales in Italy, Portugal, Norway, and Denmark have also suffered significantly. Investors are increasingly anxious about the potential long-term brand damage inflicted by Musk’s focus on DOGE and its implications in the political arena. Musk himself has admitted to facing „great difficulty“ managing his businesses amid these challenges.

As this saga unfolds, the question remains: Can a reconciliation be reached between Trump and Musk? Or is this the beginning of a prolonged fallout that could ripple through both their political landscapes and Musk’s business ventures? For now, both the Republican Party and Tesla find themselves at a crossroads, navigating the turbulent waters stirred by a feud not just between two powerful figures but potentially impacting the broader political and economic landscape.

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