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🚨 Just in | Trump's "brotherhood" with Musk has broken, the White House confirms the president plans to sell TSL 🚗💥
On June 6, the relationship between U.S. President Donald Trump and TSL CEO Elon Musk deteriorated sharply. White House officials revealed that Trump plans to sell the red TSL Model S he purchased at full price on March 11, which he originally bought to show support for Musk during the nationwide attacks on TSL.
The breakdown of the relationship between the two stems from Musk's criticism of Trump's supported "big and beautiful" bill, calling it "a disgusting monster" and accusing it of leading to an increase in the federal deficit. Trump responded by saying that Musk was "going crazy" because the electric vehicle subsidies were canceled and threatened to terminate TSL's federal contracts and subsidies.
Musk later posted on social platform X, suggesting that Trump might be involved in the "Epstein files" and called for the impeachment of the president. Trump did not respond to this, but a White House spokesperson referred to Musk's comments as "an unfortunate episode."
As a result, TSL's stock price plummeted by 14.26%, and its market value evaporated by more than 150 billion dollars.