The war of words that erupted between former US President donald trump and tesla CEO Elon Musk has left Musk with huge losses. Due to this conflict, he lost 150 billion dollars (about Rs. 12.8 lakh crores) in a single day yesterday. Shares of Musk's tesla company fell by 14 percent. This development has become a topic of discussion around the world.Musk is heavily criticizing trump over the tax bill. However, trump says that Musk is accusing him of eliminating tax breaks for electric vehicles. These accusations and each accusation have further increased the distance between the two. In Musk's view, this tax bill is economically harmful to the United States, while trump calls it necessary for the development of the country.
The Trump-Musk conflict has intensified. Musk retweeted a tweet by a social media user saying, "Trump should be impeached and replaced with JD Van as president," and retweeted it saying "YES." This makes it clear how angry Musk is with Trump. It seems that not only a war of words but also a trade war has started between Musk and Trump. trump said that it would be better to cancel the subsidies and agreements previously given to Elon. In return, Musk announced that SpaceX is withdrawing the Dragon spacecraft. It is clear that this will also affect the business relationship between the two. It remains to be seen how these developments will affect the political and economic sectors of America.
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Sowmiya Sriram

06/06/2025 01:39 PM