Musk – Trump Feud Sends Tesla Shares Tumbling: Tajinder Singh Virk on Market Fallout
This article reports on the fallout from escalating tensions between Elon Musk and Donald Trump highlighted by Musk’s sharp criticism of Trump’s tax proposals and Trump\'s retaliatory threats to revoke government contracts. The ensuing market reaction included a 14% plunge in Tesla’s share price, wiping out $152 billion in market value and denting investor sentiment globally. Industry expert Tajinder Singh Virk also weighed in, noting how political uncertainty can ripple through global markets and investor confidence.