The Tesla Stock Price Crash exits $ 150 billion! Investors dump Elon Musk’s company as a conflict with Donald Trump; We are afraid that the US President will not be a ‘good boy’
Tesla Share Price Crash: Elon Musk and Donald Trump’s growing spat eliminated $ 150 billion from Tesla’s market cap. Tesla’s stock price crushed more than 14% as the shareholders sold their positions in a hurry during a growing oral dispute between US President Donald Trump and Tesla CEO Elone Musk, who are currently the richest at the world. The day trade decreased by $ 150 billion with the market value of Tesla, an amount that is more than Starbucks’s total market capitalization and many other major American-list corporations!After Donald Trump’s election, investors gave a huge amount in Tesla’s shares, giving priority to political views on financial performance.The results of this strategy became clear on Thursday when within three hours, the situation took a dramatic turn!
What is wrong between Musk and Trump?
The struggle arose from discussion about the President’s budget law before intensifying the struggle rapidly. Following Musk’s claim about his role in Trump’s election victory, Trump suggested potential government functions against Musk’s enterprises including Tesla and SpaceX.Expressing his views on the truth social, Trump said, “The easiest way to save money in our budget, billions and billions of dollars is to end Alone’s government subsidies and contracts. I always wondered that Biden did not do so!”Also read ‘Electric cars that no one else wanted …’: Shocking words on Donald Trump’s Elon Musk; Biden should have eliminated Musk’s subsidy
Tesla share price accident: Where is the stock?
The Tesla share price accident on Thursday, partially offset a significant increase during a period of eight weeks, when Musk announced a plan to introduce an autonomous, driverless “robotaxi” service in Austin, Texas this month.Market participants are worried that Trump’s possible stance may slow down the advancement of autonomous vehicles in the United States, which can adversely affect Tesla. The company’s current electric vehicle business faces challenges, making them significant infections in the era of driverless vehicles for them.“The full goal of Robotaxis is to keep them in 20 or 25 cities the next year,” said Vesabash Securities Analyst Dan Ewes, who is now a prominent Tesla supporter. “If you start increasing the regulatory environment, it can delay that path,” Evece said according to an associated press report.He added, “There is a fear that Trump is not going to play the role of Mr. Nice Gai.”The situation now appears uncertain. Initially, Tesla’s stock was greatly benefited with Trump’s collaboration with Musk.After the November presidential election, investor enthusiasm increased Tesla’s market price to more than $ 450 billion within weeks. Investors estimated adequate benefits from low regulatory monitoring under Trump’s administration and were optimistic about Musk’s autonomous vehicle initiative for American roads.The stocks were at its peak on December 17, but later declined when the leadership of a government skills committee boycotted and damaged Tesla’s image. Stock recently overturned after Musk announced his new focus on Tesla and its upcoming autonomous taxi service.Currently, the investor’s confidence appears to be shaking, resulting in adequate paper damage to Musk’s individual Tesla shareholding, which drops $ 20 billion in a single day.
Space in trouble?
Possible decrease in government contracts prominently affect SpaceX rather than Tesla. SpaceX, a private space enterprise, has achieved NASA funding for international space station missions, including astronaut transport, cargo delivery and various space operations. The company is currently developing a large -scale rocket for next year for NASA’s upcoming Lunar Mission.Starlink, working as a spacex division, specializes in satellite internet services, has benefited from Musk’s previous cordial relationship with Trump.During his Middle Eastern visit with Trump last month, Musk revealed Saudi Arabia’s approval for Starlink’s aviation and maritime operations. Although the influence of political factors remains uncertain, recent agreements in Bangladesh, Pakistan, India and other countries have emerged between Trump’s tariff warnings and diplomatic pressures.SpaceX’s recent achievements have been reflected in its evaluation, which reached $ 350 billion through private financing and share sales, marking a significant increase from $ 210 billion in the previous year.
