Betrayal and Stabbing: Trump & Elon Musk Turn on Each Other & Crash Stock Markets! [Global News]

Trump Attacks Musk Over Bill – Markets React

In a dramatic turn of events, Elon Musk has publicly broken ties with Donald Trump over the former president’s proposed EV policy, which heavily favors gas vehicles and threatens federal subsidies for electric cars. Once an informal ally during Trump’s first term, Musk now accuses Trump of undermining America’s clean energy future and attacking Tesla’s innovation.

This video dives into how this political feud started — from Musk’s campaign donations to Trump’s recent “anti-EV” policy speeches — and why things have soured so quickly.

We also examine the financial fallout:
• Tesla stock dropped after Trump’s speech.
• Legacy automakers rallied.
• Renewable energy ETFs took a hit.
• Political risk premiums are creeping back into the tech sector.

The clash between these two titans isn’t just personal — it could reshape the future of U.S. energy policy, election dynamics, and the stock market in 2025 and beyond.
Timestamps:
00:00 – Breaking news: Trump and Musk bromance ends, market tanks
00:27 – “Bromance” becomes breakup; Tesla crashes 14%, S&P & Nasdaq drop
00:55 – Trump's public disappointment with Musk
01:25 – Trump says Musk betrayed him; teaser of deeper analysis
01:54 – Trump–Musk alliance fractures over tax bill
02:20 – Musk opposes EV credit removal, frustrated with Trump blocking NASA pick
02:49 – Musk resigns from DOJ (Dept. of Government Efficiency); backlash from inside govt
03:47 – Musk publicly opposes Trump’s massive tax cut bill
04:14 – Musk calls the bill a “disgusting abomination” on social media
04:43 – Musk urges public to contact Congress; attacks deficit growth
05:13 – Disagreement escalates; Trump accuses Musk of selfish motives
05:41 – Trump threatens to cancel federal contracts; Musk responds
06:09 – EV tax credit eliminated, oil & gas subsidies kept
06:38 – Musk criticizes double standards: pro-oil, anti-clean energy
07:08 – Musk says deficit growth contradicts DOJ’s purpose
07:37 – Musk resigns over contradiction between his department's goal and bill content
08:04 – Trump’s retaliation leads to 16% Tesla stock drop
08:32 – Trump posts on Truth Social; says nobody wants EVs
09:01 – Musk fires back on X (Twitter); highlights political donations
09:30 – Musk donated $288 million to Trump & GOP in 2024
09:58 – Market movement confirms quarrel’s impact on Tesla, S&P
10:28 – Timeline confirms fallout aligned with mid-session dip
10:56 – Lesson: no lasting friends/enemies, only lasting interests
11:22 – Phrase in Chinese: “没有永远的朋友，也没有永远的敌人”
11:50 – Interests over loyalty; mutual benefit is temporary
12:18 – Conclusion: betrayal is normal when interests shift
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Видео Betrayal and Stabbing: Trump & Elon Musk Turn on Each Other & Crash Stock Markets! [Global News] канала 1M65