Elon Musk Podcast Elon Musk makes tesla lose $200 billion in value
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Jul 2, 2025 Elon Musk's controversial political remarks stirred up significant turbulence for Tesla, resulting in a staggering $200 billion loss in market value. The impact of a proposed subsidy cut raises questions about the relationship between government policies and private companies. Heated rivalries among billionaires further complicate the landscape, as financial and political tensions threaten the future of the electric vehicle industry. The fallout provides a fascinating glimpse into how external factors can shape a company's fortunes.
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Trump Targets Musk's Subsidies
- Donald Trump's proposal to cut federal subsidies to Elon Musk's companies caused Tesla stock to drop significantly.
- Tesla's heavy reliance on government subsidies makes it vulnerable to political conflicts affecting its valuation.
Robotaxi Depends on Subsidies
- Tesla's self-driving robotaxi project depends on regulatory approval and federal support.
- Without subsidies or cooperation, this pivotal project could stall and undermine Tesla's long-term valuation.
Political Feud Hurts Tesla Value
- Tesla lost over $50 billion in market value due to fears over subsidy cuts and political clashes.
- Elon Musk's vocal opposition to the tax and spending bill deepened tensions with Trump, escalating financial risk.