Tesla share price swings dramatically after Elon Musk’s bold act
Donald Trump and Elon Musk’s unlikely bromance imploded in spectacular fashion Thursday as the US president and his billionaire former aide tore into each other in a very public, real-time divorce.
And the biggest loser might have been Tesla share holders.
Trump said in a televised Oval Office diatribe that he was “very disappointed” with criticisms from his top donor of a “big, beautiful” spending bill before Congress, before threatening to tear up the tycoon’s multibillion-dollar US government contracts.
The South African-born Musk hit back live, saying that the Republican would not have won the 2024 election without him and slamming Trump on his X social media platform for “ingratitude.” As the spat got increasingly…