Tesla Stock Plunges 17% as Musk-Trump Feud Intensifies; Palantir Gains on Government Ties
Key Points
- Elon Musk and Donald Trump are trading insults, causing Tesl...
Looks like the bromance is officially over! The latest tech drama has Elon Musk and Donald Trump trading barbs instead of tweets, and Wall Street's feeling the heartbreak.
When Twitter Fingers Turn to Trigger Fingers
Tesla's stock took a nosedive faster than a SpaceX rocket in reverse, plummeting 17% on June 5 after Musk publicly roasted Trump's fiscal policy. The NASDAQ caught some collateral damage too, dropping 0.83% because apparently when tech titans sneeze, the whole market catches a cold.
Musk's bright idea? Calling for a new political party for the "80% in the middle" - because cl...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.