Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    In December, will the Fed lower interest rates? Here are the opinions of specialists.

    October 31, 2025

    This seasoned tactician is exposing the hoopla around stablecoins.

    October 16, 2025

    In just three years, this AI stock has increased 1,600%, and Deutsche Bank anticipates further gains.

    October 16, 2025
    Facebook X (Twitter) Instagram
    🔴
    Trending
    • In December, will the Fed lower interest rates? Here are the opinions of specialists.
    • This seasoned tactician is exposing the hoopla around stablecoins.
    • In just three years, this AI stock has increased 1,600%, and Deutsche Bank anticipates further gains.
    • Appaloosa and Soros increase their investment in Nvidia. They also purchased this dilapidated stock, which is currently rising.
    • AI is driving up these equities, yet none of them are in the technology sector. This is what’s happening.
    • Do internet pharmacies offer lower prices than your neighborhood pharmacy? How to make the best financial and medical decisions.
    • Prescription medication vending devices will soon be available on Amazon. What might go wrong?
    • Walmart’s cooperation with OpenAI in shopping made them the Dow’s largest gainer today.
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    • HOME
    • TOOLS
      • CURRENCY CONVERTER
      • RANKING TABLE
      • STOCK SCREENER
      • FOREX HEATMAP
      • ECONOMIC CALENDER
      • REAL-TIME CHART
      • FOREX SUMMARY
    • MARKET
      1. COMMODITIES
      2. REAL ESTATE
      3. CRYPTO CURRENCIES
      4. CURRENCY / FOREX
      5. ETF / RTF
      6. EQUITIES
      7. INDEXES
      8. View All

      Labor Day gas prices are lower than usual, but these wild cards could still fuel a spike

      September 2, 2025

      A new struggle for global market share is developing, which is why oil prices are rising.

      July 25, 2025

      Why the oil market’s surge following Russia’s “Pearl Harbor” incident might not last

      June 17, 2025

      The price of silver just reached a 13-year high. There may be more advantages to come.

      June 17, 2025

      Cardi B and Nicki Minaj, two rappers who are at odds, do share one thing: Purchasing real estate

      October 14, 2025

      Now that the Fed has started cutting rates, how low could they go? Economists have their say.

      September 19, 2025

      We have saved and invested $1 million in high-yield savings and CDs so that we can buy a house. If the Fed lowers rates, should we move our money?

      September 17, 2025

      Builders ramp up price cuts on new homes to five-year high. They’re hoping a rate cut will rescue them.

      September 17, 2025

      The prices of many crypto-treasury firms are below the value of their digital assets. Is this a good deal or a serious warning sign?

      September 29, 2025

      The dollar might continue to be the most valuable reserve currency in the world with stablecoins, but not by purchasing Treasury bills.

      September 11, 2025

      “The Rise of Bitcoin: Wall Street CEO Forecasts a 3,000% Surge, Backed by ETF Approvals and Key Market Trends”

      August 12, 2025

      A “golden cross” appears on Coinbase’s shares. Why it might not be a bullish indication to purchase.

      June 22, 2025

      According to a Goldman research, this is the point at which the 10-year Treasury yield poses a “clear problem” for equities.

      May 3, 2024

      ETFs with private credit have arrived. Why they might target your retirement account next.

      September 5, 2025

      Inside the 2025 ETF boom: “How do you manage it all?”

      September 5, 2025

      Challenges Loom for China’s Stock Market as ETF Experts Warn of Investor Hesitancy

      August 12, 2025

      These bond funds protect you from fluctuations in interest rates, but there’s a fee.

      June 20, 2025

      Challenges for Tech Giants: Microsoft, Google, and AMD Stocks Take a Hit Despite Strong Earnings

      June 22, 2024

      ECB’s Villeroy Affirms: Oil Uncertainty No Barrier to June Rate Cut

      April 29, 2024

      Federal Reserve’s Move Leaves Regional Banks in a Quandary for 2024

      April 29, 2024

      Israel’s Credit Rating Takes a Dive: S&P Warns of Military Escalation with Iran

      April 29, 2024

      This seasoned tactician is exposing the hoopla around stablecoins.

      October 16, 2025

      Appaloosa and Soros increase their investment in Nvidia. They also purchased this dilapidated stock, which is currently rising.

      October 16, 2025

      AI is driving up these equities, yet none of them are in the technology sector. This is what’s happening.

      October 16, 2025

      As the “high-stakes game of chicken” between the United States and China commences, investors should prepare for increased trade war volatility.

      October 14, 2025
    • ECONOMY
      1. INTEREST RATE
      2. View All

      A watchdog group says the IRS has only made “limited progress” in figuring out how often people making less than $400,000 are audited.

      September 3, 2025

      Like Trump, Kamala Harris wants to keep tip taxes low. Some people think the idea is “very silly,” and it doesn’t matter who comes up with it.

      August 19, 2025

      When Is the Best Time to Change a Roth IRA? Make the Most of This Tax-Smart Move

      August 12, 2025

      Tim Walz gave Minnesota “the most progressive tax system in the country.” Find out what that might mean for Kamala Harris’s tax ideas for 2025.

      August 12, 2025

      In December, will the Fed lower interest rates? Here are the opinions of specialists.

      October 31, 2025

      Here is the current status of Trump’s tariffs as new timber, cabinet, and furniture levies are implemented.

      October 14, 2025

      The Sino-American trade war establishes a new battleground, this time at sea.

      October 14, 2025

      Government shutdown means Fed lacks crucial data as it considers rate cuts

      October 3, 2025
    • NEWS
      1. ALL NEWS
      2. COMPANIES
      3. CURRENCY FOREX
      4. INDEXES
      5. View All

      Biden’s Antitrust Wins Cast Shadow on Corporate Mergers in 2024

      August 12, 2025

      Trump’s 10% Tariff Plan Echoes Nixon’s 1971 Strategy: A Closer Look at the Historical Precedent

      April 6, 2025

      Groundbreaking Partnership: Iranian President Ebrahim Raisi Unveils Revolutionary Hydropower and Irrigation Venture in Sri Lanka

      April 2, 2025

      Binance Bombshell: Founder Faces 36 Months in U.S. Jail for Money Laundering Violations

      April 2, 2025

      In just three years, this AI stock has increased 1,600%, and Deutsche Bank anticipates further gains.

      October 16, 2025

      Prescription medication vending devices will soon be available on Amazon. What might go wrong?

      October 16, 2025

      Walmart’s cooperation with OpenAI in shopping made them the Dow’s largest gainer today.

      October 15, 2025

      As the Pentagon calls on missile providers to boost output, the analyst advises buying these stocks.

      October 15, 2025

      China Securities Regulator Halts Restricted Share Lending in Move to Stabilize Stock Markets

      August 14, 2025

      Global Markets Wobble as China’s Evergrande Faces Liquidation, Federal Reserve Meeting Looms

      June 22, 2024

      China’s Stock Slump and Currency Plunge Cloud Asia’s Rate Cut Optimism

      March 22, 2024

      Mexican Peso Ascends to Unprecedented Heights, Instilling Fear in Investors

      March 15, 2024

      4 Must-Have Growth Stocks to Seize After Nasdaq Bear-Market Downturn

      August 11, 2025

      Traders Anticipate ‘Once-in-a-Generation’ Opportunity in Emerging Markets as Federal Reserve Hints at Rate Cuts

      April 6, 2025

      LSEG Shareholders Face Showdown: Vote on Doubling CEO’s Potential Pay

      April 2, 2025

      Critical Week for Stock Market as $10 Trillion in Big Tech Earnings Shape S&P 500’s Fate

      March 2, 2025

      In just three years, this AI stock has increased 1,600%, and Deutsche Bank anticipates further gains.

      October 16, 2025

      Do internet pharmacies offer lower prices than your neighborhood pharmacy? How to make the best financial and medical decisions.

      October 16, 2025

      Prescription medication vending devices will soon be available on Amazon. What might go wrong?

      October 16, 2025

      Walmart’s cooperation with OpenAI in shopping made them the Dow’s largest gainer today.

      October 15, 2025
    • LIST & RANKING

      The force behind the recent surge in stocks is Big Tech, not the Fed. What investors should know is as follows.

      June 16, 2024

      Top 25 Independent Advisors

      February 27, 2024

      Top CEO’s of the Year

      January 18, 2024

      The Best Online Brokers

      January 18, 2024

      The Most Profitable Businesses

      January 18, 2024
    Donate
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    Home » The Trump-Musk feud is exploding right before our eyes. How EVs contributed.
    Economy

    The Trump-Musk feud is exploding right before our eyes. How EVs contributed.

    Tesla shares finish sharply lower Thursday as the EV company’s CEO and President Trump continue to clash
    June 17, 2025Updated:July 2, 2025No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    im 80566307
    Share
    Facebook Twitter LinkedIn Pinterest Email

    It’s turning out to be the breakup of the decade in a Washington full of wealthy people and powerful figures. And everyone on the planet can witness it occurring.

    On Thursday, President Donald Trump and Elon Musk, his former close advisor and major political backer, started a savage public spat that may have long-term effects on the richest man in the world, the president, and the Republican Party as a whole.

    The two dodged almost everything, with Musk suggesting that the president should be impeached, Trump threatening Musk’s businesses, and Musk even bringing up accusations against Jeffrey Epstein.

    It’s turning out to be the breakup of the decade in a Washington full of wealthy people and powerful figures. And everyone on the planet can witness it occurring.

    On Thursday, President Donald Trump and Elon Musk, his former close advisor and major political backer, started a savage public spat that may have long-term effects on the richest man in the world, the president, and the Republican Party as a whole.

    The two dodged almost everything, with Musk suggesting that the president should be impeached, Trump threatening Musk’s businesses, and Musk even bringing up accusations against Jeffrey Epstein.

    During a meeting with German Chancellor Friedrich Merz in the Oval Office, Trump told reporters, “Elon and I had a great relationship.” “I’m not sure we will anymore.” He subsequently claimed to be “extremely disappointed in Elon” and implied that Musk was afflicted with “Trump derangement syndrome.”

    Boom.

    Musk quickly retaliated, posting on his social media platform X minutes after breaking fundraising records by spending almost $300 million to help propel Trump to the presidency: “Without me, Trump would have lost the election, Democrats would have controlled the House, and Republicans would be 51-49 in the Senate.” “Such ingratitude,” he added.

    From there, the explosion spread like a mushroom.

    Trump said on Truth Social that “terminating Elon’s Governmental Subsidies and Contracts, which are reportedly worth $38 billion, is the easiest way to save money in our Budget, Billions and Billions of Dollars.” Trump had given Musk broad authority with little oversight as part of the Department of Government Efficiency to slash through the federal government, rooting out so-called waste, fraud, and abuse.

    Musk stated that SpaceX, his rocket business, would “begin decommissioning its Dragon spacecraft immediately” in response to Trump’s threat. Dragon is used by the U.S. government to deliver goods and passengers to the International Space Station.

    Despite receiving billions of dollars in government subsidies, Tesla’s stock price dropped more than 14% on Thursday afternoon. During Musk’s tenure in the White House, the automaker, which provides a significant portion of his riches, has seen a number of financial setbacks. Prior to his departure, Musk explained that he had to leave Washington in order to concentrate on growing the struggling business.

    Additionally, Trump said that Musk had “asked him to leave” because he had been “wearing thin” while at the White House.

    Musk responded with a flurry of his own X postings. What a blatant falsehood. He described the accusation as “so sad.”

    He proceeded to unleash what he referred to as “the really big bomb.”

    In reference to the documents of the inquiry into the late convicted sex offender Jeffrey Epstein, he claimed that Trump “is in the Epstein files.” Musk added: “Save this post for later.” “That is the true reason they have not been made public,” Musk stated. The truth will be revealed.

    Some of the president’s supporters have been fixated on the Epstein probe, and the Department of Justice disclosed what it called the “first phase” of records pertaining to it in February. It has long been known that records made public in court cases involving Epstein mention Trump and other well-known individuals, such as Bill Clinton. However, Trump is not charged with any misconduct related to Epstein.

    Musk’s remarks on Thursday were attributed by the White House to his disdain of the GOP megabill.

    In a statement, White House press secretary Karoline Leavitt stated, “Elon is upset with the One Big Beautiful Bill because it does not include the policies he wanted. This is an unfortunate episode from him.” “The President is committed to enacting this landmark law and restoring our nation’s greatness.”

    Although Trump and Musk have previously disagreed on policy—Musk, for instance, criticized Trump’s broad tariff system, saying it would hurt his companies—the dispute over the megabill exposed a deeper rift between the two erstwhile pals.

    Trump asserted in the White House on Thursday that Musk “had no problem with it” and had “understood the inner workings of this bill better than almost anybody.” However, Trump claimed that a provision of the measure that would reduce electric vehicle subsidies and jeopardize Tesla had “disturbed” Musk.

    Trump asserted in the White House on Thursday that Musk “had no problem with it” and had “understood the inner workings of this bill better than almost anybody.” However, Trump claimed that a provision of the measure that would reduce electric vehicle subsidies and jeopardize Tesla had “disturbed” Musk.

    Trump added that Musk had been let down when the White House withdrew its nomination of Jared Isaacman to head NASA last week. Trump claimed that although Musk had urged Isaacman for the position, the president had chosen to choose someone else because Isaacman “happened to be a Democrat, like totally Democrat.”

    Trump claimed, “Musk had a problem all of a sudden, and he only got it when he learned that we were going to reduce the EV mandate, which is billions and billions of dollars.”

    In a subsequent article, Musk refuted Trump’s assertion that he was aware of the bill’s “inner workings,” stating that it “was never shown to me even once.”

    Musk stated, “Get rid of the MOUNTAIN of DISGUSTING PORK in the bill, but keep the EV/solar incentive cuts in it, even though no oil and gas subsidies are touched (very unfair!.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    In December, will the Fed lower interest rates? Here are the opinions of specialists.

    October 31, 2025

    Here is the current status of Trump’s tariffs as new timber, cabinet, and furniture levies are implemented.

    October 14, 2025

    The Sino-American trade war establishes a new battleground, this time at sea.

    October 14, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Aeries Technology: A Global Professional Services Leader in Business Transformation

    June 10, 2024

    As Christmas sales break records, stock buybacks soar.

    December 5, 2024

    These other stocks, along with Coinbase and Block, could join the S&P 500 in the next shake-up.

    December 6, 2024

    Why Powell and the Fed should stop lowering interest rates in December

    December 7, 2024
    Don't Miss
    Economy

    In December, will the Fed lower interest rates? Here are the opinions of specialists.

    October 31, 2025

    Fed Chair Jerome Powell’s assessment that his colleagues had “strongly different views” about what to…

    This seasoned tactician is exposing the hoopla around stablecoins.

    October 16, 2025

    In just three years, this AI stock has increased 1,600%, and Deutsche Bank anticipates further gains.

    October 16, 2025

    Appaloosa and Soros increase their investment in Nvidia. They also purchased this dilapidated stock, which is currently rising.

    October 16, 2025
    Stay In Touch
    • Facebook
    • Instagram

    Subscribe to Updates

    Get the latest Update

    Facebook Twitter Instagram

    BourseWatch

    • All News
    • Economy
    • List & Ranking
    • Market
    • News

    Recent Post

    • im 32543257
      In December, will the Fed lower interest rates? Here are the opinions of specialists.
    • im 05200118
      This seasoned tactician is exposing the hoopla around stablecoins.
    • im 92986172
      In just three years, this AI stock has increased 1,600%, and Deutsche Bank anticipates further gains.

    Subscribe to Updates

    Get the latest creative news from BourseWatch

    © Boursewatch. Designed by Asad Rizvi

    • Privacy Policy
    • Terms
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.