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Trump-Musk rift widens: Elon warns tariffs could trigger 'US recession by 2nd half of this year'; Tesla shares plunge 14%

IndiaTimes Friday, 6 June 2025
A public feud erupted between Donald Trump and Elon Musk after Musk warned that Trump's tariffs could trigger a recession. The two exchanged insults on social media, with Musk referencing Trump's alleged connection to Jeffrey Epstein. Trump criticized Musk's stance on his spending bill and threatened to terminate government contracts.
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News video: Musk–Trump Feud Wipes $150 Billion Off Elon’s Net Worth in Hours | Tesla’s Bloodbath Continues

Musk–Trump Feud Wipes $150 Billion Off Elon’s Net Worth in Hours | Tesla’s Bloodbath Continues 03:16

 Tesla shares plunged 14% Thursday, erasing $150 billion in market value, as Elon Musk’s feud with Donald Trump escalated publicly. Investors fear the fallout could jeopardize Tesla’s regulatory future, particularly its self-driving and robotaxi ambitions. Musk accused Trump of ties to the...

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