Elon Musk's Feud With President Trump Wipes $152 Billion Off Tesla’s Market Cap
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U.S. President Donald Trump, accompanied by White House Senior Advisor, Tesla and SpaceX CEO Elon Musk, walks past a Tesla Model S on the South Lawn of the White House on March 11, 2025, in Washington, DC.Photograph: Andrew Harnik/Getty Images
It only took a few hours to wipe $152 billion of value from Tesla’s market cap and more than $100 million in value from TrumpCoin.
The end of the bromance between Elon Musk and President Donald Trump has been brewing for weeks, but on Thursday, the breakup went nuclear. Musk took to the platform he owns, X, to lambast Trump’s “One Big ...
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