Close Menu

    Subscribe to Updates

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

    What's Hot

    As processors get increasingly powerful, these eight stocks may serve as the foundation for AI.

    January 10, 2026

    The private market might contain the true AI bubble.

    January 10, 2026

    In ’26, tax the wealthy? This year, these three important wealth tax concerns may be resolved.

    January 10, 2026
    Facebook X (Twitter) Instagram
    🔴
    Trending
    • As processors get increasingly powerful, these eight stocks may serve as the foundation for AI.
    • The private market might contain the true AI bubble.
    • In ’26, tax the wealthy? This year, these three important wealth tax concerns may be resolved.
    • As Americans struggle with skyrocketing debt, Trump says he will cap credit card interest rates at 10%.
    • The stock market’s surge on Friday shows what 2026 investors are truly interested in.
    • We should consume more protein, according to the new food pyramid and companies like Starbucks and Chipotle. We’re already receiving a lot.
    • Here’s why AI “loser” stocks like Oracle and Amazon are about to change.
    • A buy signal was just flashed by this 100-year-old stock market indicator. This is how it should be interpreted by investors.
    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

      Why experts say that Trump’s prohibition on big investors like Blackstone purchasing homes won’t lower housing costs

      January 8, 2026

      Why a real estate investor on crowdfunding site bid $30 million on Diddy’s “freak-off” home in L.A.: “It has a stigma attached to it”

      December 3, 2025

      “Sorry to pop the bubble,” she said. Jude Law tells you why you can’t stay at the cute house from “The Holiday,” a movie that has something for everyone.

      December 2, 2025

      Jeff Bezos makes extravagant renovations of 3 ‘Billionaire Bunker’ homes

      November 25, 2025

      There was a short crash in Bitcoin. What does that mean for the recent rally?

      December 6, 2025

      Other cryptocurrencies will do better if bitcoin doesn’t reach $100,000 any time soon.

      November 30, 2025

      Bitcoin’s rally is making some investors nervous about the stock market

      November 23, 2025

      Mara Stock Surges as Bitcoin Hits Record High – Key Business Insights

      November 11, 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

      This ETF from a 106-year-old company has outperformed competitors while staying away from the “Magnificent Seven” stocks.

      January 6, 2026

      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

      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

      The stock market’s surge on Friday shows what 2026 investors are truly interested in.

      January 10, 2026

      A buy signal was just flashed by this 100-year-old stock market indicator. This is how it should be interpreted by investors.

      January 9, 2026

      The tale of Goldman Sachs’ Apple Card is finally coming to a close.

      January 9, 2026

      Despite a 466-point decline on Wednesday, the Dow is off to its best annual start since 2018.

      January 8, 2026
    • ECONOMY
      1. INTEREST RATE
      2. View All

      In ’26, tax the wealthy? This year, these three important wealth tax concerns may be resolved.

      January 10, 2026

      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

      In ’26, tax the wealthy? This year, these three important wealth tax concerns may be resolved.

      January 10, 2026

      What investors stand to lose when Trump talks with oil executives over Venezuela

      January 8, 2026

      Waller of the Fed believes that rates can decline at a moderate pace and that inflation will begin to decline in the following three to four months.

      December 26, 2025

      Because of concerns that the GOP tax policy could increase inflation, Fed’s Bostic anticipates no rate cuts in 2026.

      December 26, 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

      As processors get increasingly powerful, these eight stocks may serve as the foundation for AI.

      January 10, 2026

      The private market might contain the true AI bubble.

      January 10, 2026

      Here’s why AI “loser” stocks like Oracle and Amazon are about to change.

      January 10, 2026

      How Alphabet became the second-most valuable corporation in the world after surpassing Apple

      January 9, 2026

      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

      As processors get increasingly powerful, these eight stocks may serve as the foundation for AI.

      January 10, 2026

      The private market might contain the true AI bubble.

      January 10, 2026

      As Americans struggle with skyrocketing debt, Trump says he will cap credit card interest rates at 10%.

      January 10, 2026

      We should consume more protein, according to the new food pyramid and companies like Starbucks and Chipotle. We’re already receiving a lot.

      January 10, 2026
    • 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 ’26, tax the wealthy? This year, these three important wealth tax concerns may be resolved.

    January 10, 2026

    What investors stand to lose when Trump talks with oil executives over Venezuela

    January 8, 2026

    Waller of the Fed believes that rates can decline at a moderate pace and that inflation will begin to decline in the following three to four months.

    December 26, 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, 2025

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

    December 6, 2025

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

    December 7, 2025
    Don't Miss
    Companies

    As processors get increasingly powerful, these eight stocks may serve as the foundation for AI.

    January 10, 2026

    Businesses from a variety of sectors have changed course to capitalize on the AI trend.…

    The private market might contain the true AI bubble.

    January 10, 2026

    In ’26, tax the wealthy? This year, these three important wealth tax concerns may be resolved.

    January 10, 2026

    As Americans struggle with skyrocketing debt, Trump says he will cap credit card interest rates at 10%.

    January 10, 2026
    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 06796195
      As processors get increasingly powerful, these eight stocks may serve as the foundation for AI.
    • im 59938491
      The private market might contain the true AI bubble.
    • im 55870632
      In '26, tax the wealthy? This year, these three important wealth tax concerns may be resolved.

    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.