Elon Musk and President Trump fight publicly over politics and business deals. Tesla stock prices fall as their argument grows worse each day. Trump says he feels disappointed with Musk after helping him during past years. The president thinks Musk stays angry because electric car tax credits disappeared under new rules. Tesla shares dropped more than 8 percent during recent trading sessions.
Musk attacked Trump's spending bill and called it wasteful government pork. The tech billionaire claims Trump could never have won elections without his support. Their friendship broke apart when Musk criticized the president's legislative proposals on social media. Wall Street experts predict Tesla car sales will decline this year because of the political drama. The company faces potential problems with safety regulators who might reject self-driving car approvals.
Trump removed Jared Isaacman from NASA leadership consideration after the public argument started. Isaacman supported Musk's space projects and worked closely with his companies. The president accused Musk of having Trump Derangement Syndrome during recent press interviews. Musk promoted his artificial intelligence company during Middle East trips with Trump's team. Critics believe this business focus damaged their political partnership.
Tesla stock has fallen 20 percent since January as investors worry about regulatory challenges. The company plans to launch cheaper cars and self-driving taxis soon. Safety tests show problems with Tesla's camera systems during bright sunlight conditions. Musk claims his cameras can count individual light particles to avoid vision problems. Technical experts doubt these cameras have advanced enough technology for such precise measurements.
Musk attacked Trump's spending bill and called it wasteful government pork. The tech billionaire claims Trump could never have won elections without his support. Their friendship broke apart when Musk criticized the president's legislative proposals on social media. Wall Street experts predict Tesla car sales will decline this year because of the political drama. The company faces potential problems with safety regulators who might reject self-driving car approvals.
Trump removed Jared Isaacman from NASA leadership consideration after the public argument started. Isaacman supported Musk's space projects and worked closely with his companies. The president accused Musk of having Trump Derangement Syndrome during recent press interviews. Musk promoted his artificial intelligence company during Middle East trips with Trump's team. Critics believe this business focus damaged their political partnership.
Tesla stock has fallen 20 percent since January as investors worry about regulatory challenges. The company plans to launch cheaper cars and self-driving taxis soon. Safety tests show problems with Tesla's camera systems during bright sunlight conditions. Musk claims his cameras can count individual light particles to avoid vision problems. Technical experts doubt these cameras have advanced enough technology for such precise measurements.
