Maxim Levoshin

Musk–Trump Feud Wipes $152B Off Tesla’s Value

Today’s business headlines feel like playground drama: Donald Trump and Elon Musk engaged in a public spat that has already caused Tesla shares to plummet 14%, wiping out $152 billion in market value.

How the feud unfolded

Musk called Trump’s proposed bill an “utter abomination,”prompting Trump to threaten to cancel all federal contracts with Musk’s companies.

The cherry on top: Musk accused Trump of hiding documents related to the Epstein case.

The business takeaway

Мораль? Не позволяйте личным амбициям и эмоциям разрушать деловые отношения. Иначе рискуете потерять не только деньги, но и репутацию.

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