Trump Vs Musk: Tesla Stock Crashes 9% As Trump And Musk Clash Over 'Disgusting' Tax Bill Feud
Video Credit: Oneindia - Duration: 04:42s - Published
Trump Vs Musk: Tesla Stock Crashes 9% As Trump And Musk Clash Over 'Disgusting' Tax Bill Feud
Tesla shares plunged nearly 9% Thursday after President Donald Trump lashed out at Elon Musk over his criticism of the president’s tax and spending bill.
Musk, who had once been one of Trump’s closest allies and even led a cabinet-level department, called the legislation a “disgusting abomination.” Trump fired back, saying he was “very disappointed” in Musk, accusing him of flip-flopping.
Their public feud, coming after Musk’s exit from the administration, has rattled investors and raised questions about Tesla’s future amid rising political tensions and financial uncertainty.
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Tesla has officially entered India, launching its first showroom at Mumbai’s BKC with the Model Y on display. Priced at ₹61 lakh on-road, the Model Y marks Tesla’s push into India’s luxury EV space. Initially imported from Berlin, Tesla’s India debut has sparked praise and criticism—Donald Trump slammed the move as “unfair” due to U.S. export tariffs. While Indian officials welcome the launch, local automakers fear disruption. Tesla’s arrival may accelerate EV adoption and reshape India’s electric vehicle policy landscape.
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Buyers will also be able to customise their Model Y with various add-ons. One of the most premium upgrades is Tesla's Full Self-Driving (FSD) package, which.. DNA
Trump In Epstein Trouble: A major rift has appeared within the MAGA movement as supporters turn on President Donald Trump. The controversy ignited after Trump publicly defended Attorney General Pam Bondi, a move seen by many conservatives as a dismissal of concerns surrounding the recently unsealed Epstein files. This defense has triggered an unprecedented backlash from his own base.
The fallout has been swift and visual. Influential conservative figures have condemned Trump's stance, and viral videos have spread across social media showing die-hard supporters burning their MAGA hats and other merchandise in protest. This public display of disillusionment signals a deep fracture within what was once Trump's most loyal demographic. As Trump scrambles to control the narrative with a 400-word post on Truth Social urging unity, even figures like Elon Musk have taken public jabs at him over the issue.
Sensing a critical moment of weakness, the Democratic party is moving quickly to capitalize on the Republican infighting. Former President Barack Obama is set to return to the political frontline, headlining a major fundraiser in New Jersey this Friday alongside DNC Chair Ken Martin. This event, Obama's first since the 2024 election, is designed to rally the Democratic base and frame the GOP's internal conflict as a major liability ahead of the crucial 2026 midterm elections.
This report from Oneindia News breaks down the timeline of the MAGA backlash, Trump's attempts at damage control, and the strategic moves being made by Barack Obama and the Democrats. Stay tuned for the latest updates on this developing story in US politics.
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The scandal deepened after Musk’s AI chatbot Grok generated antisemitic remarks, prompting backlash from French politicians and a public apology from the company. The French prosecutor confirmed executives at X could be held liable. Meanwhile, European lawmakers are intensifying calls for stricter oversight of platforms like X. Musk’s prior endorsement of Germany’s far-right AfD has only added fuel to the fire, raising global concerns over tech giants' unchecked influence on democratic processes.
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Stephen Colbert’s Late Show is being canceled by CBS in May 2026, just days after he called Paramount’s $16M Trump settlement “a big fat bribe” to smooth DOJ approval for an $8B Skydance merger. Trump celebrated the cancellation on Truth Social, mocking Colbert’s “talent” despite the show leading late-night ratings with 2.4M viewers. CBS claims the move is financial, but critics argue it’s political pressure to appease Trump allies like Skydance buyer David Ellison. Analysts warn this signals growing politicization of corporate media decisions.
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In a political shockwave, US President Donald Trump has filed a $10 billion defamation lawsuit against Rupert Murdoch, News Corp, and the Wall Street Journal over a bombshell article linking him to Jeffrey Epstein. The WSJ reported that Trump allegedly sent a lewd birthday letter to Epstein in 2003, including a Nude drawing signed “Donald.”
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