Stock Market Updates ✅
June 6, 2025 at 02:39 AM
BREAKING STORY - MUSK-TRUMP BREAK UP !
Tesla stock -14%. Marketcap down $150 billion.
What Has Trump Said
1. Publicly called Musk “crazy” and said, “I asked him to leave,” claiming Musk “just went CRAZY” after Trump removed the EV mandate and that Musk is only upset because he lost government support for electric vehicles
2. Expressed deep disappointment: “I’ve aided him significantly. Look, Elon and I had a fantastic rapport. I can’t say if that will continue. I was taken aback”.
3. Accused Musk of knowing all about the bill and not objecting until after he left the administration: “He knew everything about it. He had no problem with it”.
4. Threatened to terminate all government contracts and subsidies for Musk’s companies, saying, “The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it!”. (Truth Social post)
5. Blamed Musk’s criticism on losing the EV tax credits: “Elon is upset because we implemented the E.V. mandate, which was a considerable sum for electric vehicles, and they’re struggling—the electric vehicles—and they expect us to provide billions in subsidies. Elon was aware of this from the outset. He has known this for quite a while. That’s been consistent from the start”.
What Has Musk Said
1. Accused Trump of lying about his knowledge of the bill: “This bill was never shown to me even once and was passed in the dead of night so fast that almost no one in Congress could even read it!”.
2. Claimed credit for Trump’s 2024 win: “Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate”.
3. Called Trump ungrateful: “Such ingratitude”.
4. Endorsed calls for Trump’s impeachment and said he should be replaced: When a user posted “Trump should be impeached and JD Vance should replace him,” Musk replied “Yes”.
5. Alleged Trump’s name is in the sealed Epstein files and said, “the real reason” they’re not public is because they include Trump.
6. Responded to Trump’s contract threats by announcing, “In light of the President’s statement about cancellation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately”
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