HomeEconomyAfter the break between Donald Trump and Elon Musk, Tesla lost more...

After the break between Donald Trump and Elon Musk, Tesla lost more than $ 150 billion in the stock market

The Tesla Action course lost in a few hours more than 14% this Thursday, June 5 in reaction to the violent weapons pass to which Elon Musk and Donald Trump delivered

The tone increases between Donald Trump and Elon Musk and that falls. After the spectacular break this Thursday, June 5, between the US president and the head of the automobile manufacturer, Tesla’s action is completely unsuccessful to the New York Stock Exchange.

At the end of the session at Wall Street, the title had lost 14.26%, with $ 284.70 and allowed approximately $ 150 billion in assessment. This fall reconstructs the company under the symbolic threshold of market capitalization of 1,000 billion.

It is not likely that Donald Trump’s last message published on his real network reassures investors. “The simplest to save billions and billions of dollars in our budget would be to cancel the subsidies and contracts of the government” of Spacex and Tesla, threatened the US president.

Donald Trump “very disappointed” by Elon Musk

Early in the day, Donald Trump had strongly criticized his former advisor Elon Musk, who immediately responded on his X platform, in a context of disagreements related to the president’s budget project.

Donald Trump said he did not know if his relationship with Elon Musk would continue, telling himself “very disappointed” by multimillion -dollar criticisms of his bill.

“Listen, Elon and I had a good relationship. I don’t know if it is still the case. It surprised me,” Donald Trump told journalists in the Oval office after his former advisor had described his “big and beautiful law” “abomination.”

“Anything,” Elon Musk replied on the social network X in comments on a video of President Trump saying that his anger was due to the loss of subsidies for electric vehicles.

“False,” then published the Chief of Tesla above an excerpt in which the US president says that Elon Musk knew in advance the content of the text, a “big and beautiful law” according to Donald Trump, an “abomination” according to his former advisor.

Author: VG with AFP
Source: BFM TV

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