Bloomberg Tech Elon Musk and President Trump Feud Impacts Tesla, SpaceX
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Jun 6, 2025 In this discussion, Nancy Tengler, CEO and CIO of Laffer Tengler Investments, shares her insights on Tesla's fluctuating stock amid the fiery feud between Elon Musk and President Trump. Anna Rathman, a global market strategist, delves into how their contentious relationship could shape Tesla's customer base and government contracts. The duo explores the potential impact on U.S. space ambitions through SpaceX and assesses the broader market volatility stemming from these political tensions.
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Trump-Musk Feud Risks Tesla And SpaceX
- Elon Musk's feud with President Trump risks Tesla market cap and government contracts for SpaceX.
- Their relationship impacts political messaging, EV credits, and national security access.
Musk's Self-Destructive Political Risks
- Musk risks alienating key customers by escalating political attacks on Trump.
- This behavior could deepen Tesla's sales decline amid political polarization.
Government Funding Powers Musk's Empire
- Musk effectively leverages federal government funding for SpaceX and Tesla growth.
- Threats to cancel contracts signal major business and political tension.
