Hey, just wanted to give you a heads-up—it’s been a rough week for Elon Musk. On Tuesday morning, Tesla stock sank as Elon Musk clashed with Trump over the Republican spending bill. That’s part of a bigger trend—Tesla’s stock is down about 21% this year.
This latest dip comes as Musk is back in the spotlight for another public feud, this time with former President Donald Trump.
Musk vs. Trump: The battle over the bill
It all started (again) on Saturday when Musk took to X (formerly Twitter) to slam a major Republican tax and spending bill that Trump is strongly pushing. Musk said the bill would “destroy millions of jobs in America” and even floated the idea of forming a new political party. On Monday, he went a step further, threatening to support challengers against any Republicans who back the bill.
Trump didn’t stay quiet. On Tuesday, he fired back by calling out how much federal money Musk’s companies have received—think Tesla, SpaceX, and others. Trump even suggested a government department should take a close look at Musk’s finances and business connections.
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What the experts are saying
Even though things got tense, analysts like Dan Ives from Wedbush believe this Musk–Trump fight might cool off soon. Still, investors are nervous. There’s real concern that the Trump team, if back in power, could take a tougher stance on how much government money goes to Musk’s businesses.
If that happens, it could affect Tesla and even other parts of Musk’s empire.
Sales trouble and more ahead
This isn’t the only issue for Tesla right now. Sales have been falling, especially in Europe. And in the U.S., some customers are starting to feel uneasy about Musk’s close involvement with politics. That could hurt the brand even more.
To top it off, Tesla is set to announce its quarterly earnings on Wednesday—and many are watching closely. If the numbers don’t look good, this week could get even worse for Musk and Tesla.
What this means for you
If you’re someone who keeps an eye on tech stocks or is thinking about investing, this back-and-forth between Musk and Trump isn’t just noise—it could seriously affect Tesla’s future. And it’s a reminder of how fast politics and business can collide, especially when big personalities are involved.
