Musk, Trump
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Last week, a social media post from Elon Musk caused many people to stop what they were doing and look down at their phones. Even for the Tesla (TSLA) CEO, known for his controversial and bold opinions,
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"The easiest way to save money in our Budget … is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a post.
KEY TAKEAWAYS Tesla shares are rising in intraday trading Tuesday after gaining more than 8% over the past two sessions in the wake of last week's public spat between CEO Elon Musk and President Donald Trump.
Elon Musk's ongoing feud with President Trump hurt Tesla's stock on Thursday. But analysts say the fight likely won't have lasting impacts on Tesla.
President Trump bought the EV to show support for the Tesla CEO Musk, who was catching flak for his work on DOGE for the Republican's administration.
Elon Musk’s departure from DOGE, his now-strained relationship with Trump, slumping Tesla sales and the drop in the company’s share price have not meant that the Tesla Takedown movement is coming to an end anytime soon,