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  • Musk vs. Trump Feud: Political Clash & Business Impacts

    Musk vs. Trump Feud: Political Clash & Business ImpactsMusk and Trump's public fight impacts Tesla's stock. Cuban flirts with politics. Musk critiques Trump's spending, triggering a personal clash on X. Schiff echoes Musk's concerns.

    Cuban’s Political Ambitions

    Cuban, the former “Shark Tank” investor, campaigned for Autonomous nominee Kamala Harris in 2024 for her pro-business stance while flirting with third-party concepts of his own. In a meeting with Bloomberg Original back in March 2024, Cuban stated “never ever state never ever” to a future in national politics, although he included he ‘d likely be “too old” for the job it involves.

    The Musk-Trump Public Spat

    Why It Matters: Musk and Trump are involved in a risen public fight, which has created TeslaTSLA to tape its second-largest single-day supply rate dive over the past year. The Tesla chief executive officer fired the very first shot by branding President Donald Trump’s “One Big Beautiful Expense” a “large, outrageous … revolting abomination,” advising it would certainly explode the deficit and eventually “trigger an economic downturn”.

    Trump countered by accusing Musk of enduring “Trump Derangement Disorder” and declaring the billionaire only soured when the costs cut EV motivations– comments he provided while regreting their “terrific” friendship could be over. Musk said that Congress passed the 1,100-page bundle in the midnight before anybody, including him, might read it, and he urged lawmakers to remove its “mountain of horrible pork.”

    Economic Expert Peter Schiff and other fiscal hawks swiftly resembled Musk’s critique, praising the Tesla chief for calling out what they viewed as Republican pretension. The battery marked a sharp break from both’s once-cordial partnership and established the stage for an unusually personal clash played out in actual time on X.

    1 business impacts
    2 Elon Musk
    3 Mark Cuban
    4 political feud
    5 President-elect Donald Trump
    6 Tesla stock