Elon Musk’s Feud With President Trump Wipes $152 Billion Off Tesla’s Market Cap

It took only a few hours to wipe $152 billion of value from Tesla’s market cap and more than $100 million in value from TrumpCoin.

The end of the bromance between Elon Musk and President Donald Trump has been brewing for weeks, but on Thursday the breakup went nuclear. Musk took to the platform he owns, X, to lambast Trump’s “One Big Beautiful Bill,” which includes provisions that restrict immigration, limit green energy subsidies, and is estimated to increase the US deficit by $2.4 trillion. Trump shot back on Truth Social, the platform he owns, to say that Musk is against the bill only because it would take away electric

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