Elon Musk's Fortune Plummets $122 Billion: Is Trump's Trade War to Blame?
Posted: Thu Mar 06, 2025 7:11 pm
Is Musk’s gamble on Trump backfiring? A 122 billion dollar drop in net worth since his peak certainly suggests a rocky road. Considering Tesla’s lowest share price since Election Day coinciding with Trump’s tariff war, are we witnessing the consequences of betting big on political favoritism? Is this a sign of things to come for companies entangled with political agendas? What are the long-term implications for Tesla, and could this impact Musk’s other ventures like SpaceX and xAI? Perhaps Musk’s focus on government efficiency as head of DOGE is distracting from his core businesses? I predict this dependence on political winds will ultimately prove unsustainable. Let’s discuss the interplay between business and politics and how it affects Tesla’s future. Share your thoughts.