Trump–Musk feud impact: Tesla shares slump nearly 6% as political fallout deepens, subsidy threats spook investors
Tuesday, 1 July 2025 () Tesla shares plummeted following a renewed feud between Elon Musk and Donald Trump, sparking fears of political retaliation and impacting investor confidence. Trump threatened to cut subsidies and contracts for Musk's companies, while Musk hinted at forming a new political party. Simultaneously, Tesla faces declining market share in China due to increased competition, further pressuring the stock.
A political firestorm erupts as Donald Trump slams Elon Musk over his fierce criticism of the Big Beautiful Bill. Trump threatens to cut EV subsidies and mocks Musk’s dependence on government aid,..
Donald Trump called Elon Musk a “wonderful guy” even after the Tesla CEO publicly criticized his $3.3 trillion tax and spending bill, slammed the $5 trillion debt ceiling hike, and even linked..
U.S. President Donald Trump has warned that New York City could lose over $100 million in federal funding if Democratic Socialist Zohran Mamdani becomes mayor. In a fiery Fox News interview, Trump..
Tuesday, 1 July 2025 ()
![‘Head Back to South Africa’ | Trump UNLEASHES on Musk, THREATENS to CUT EV Subsidies over BBB Clash [Video]](https://video.newsserve.net/300/v/20250701/1415217042-Head-Back-to-South-Africa-Trump-UNLEASHES.jpg)
![VIDEO: Trump’s SURPRISING Statement On Musk Even After Brutal Attacks On His ‘Big Beautiful Bill’ [Video]](https://video.newsserve.net/300/v/20250630/1415183428-VIDEO-Trump-SURPRISING-Statement-On-Musk-Even.jpg)
![Trump's New Threat in New York? Mamdani Set to Win Mayor Race but with Fear of Federal Fund Cut [Video]](https://video.newsserve.net/300/v/20250630/1415151596-Trump-New-Threat-in-New-York-Mamdani.jpg)
