Tesla Faces Losing Billions After Trump-Musk Fallout
⚡ TESLA FACES LOSING BILLIONS AFTER TRUMP-MUSK FALLOUT By Egin Ibi Auto News Desk | July 22, 2025 In a dramatic turn of events that could shake up the electric vehicle (EV) industry, Tesla Inc. is facing the risk of losing billions of dollars in market value after a sudden and unexpected fallout between former U.S. President Donald Trump and Tesla CEO Elon Musk. The once-amicable relationship between the two billionaires took a sharp nosedive after what insiders described as a “heated disagreement” over policy promises, factory incentives, and political endorsements. According to reports, Musk, who had maintained a pragmatic approach in engaging both Democratic and Republican leaders for Tesla's business interests, is now finding himself at odds with Trump's increasingly nationalistic and oil-favored agenda. ๐จ The Fallout: What Went Wrong? Sources close to both camps allege that the fallout was triggered by a closed-door conversation, where Trump criticized Musk's o...