The Potentially Record-Breaking Divorce of Elon Musk and Donald Trump
In a shocking turn of events, the rumoured split between Elon Musk and Donald Trump has sent shockwaves through the business world, with Tesla shares plummeting 12% and Musk losing a staggering $15.8 billion in the process. According to reports, the two billionaires have been exchanging heated messages on their respective social networks, with Musk seemingly taking a swipe at Trump’s policies.
As reported by ForexLive.com, Musk was "wearing thin" and had his EV mandate revoked, which forced everyone to buy electric cars. In response, Musk went on the attack, stating that the easiest way to save money in the budget would be to terminate his governmental subsidies and contracts. As ForexLive.com noted, "The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it!"
The implications of this potentially record-breaking divorce are far-reaching, with many analysts suggesting that Tesla’s valuation may be at risk. As ForexLive.com pointed out, "This is top-notch entertainment and TSLA is way overvalued. There is so much riding on the June 12 robotaxi launch but Elon might not be getting the red carpet rolled out from Texas regulators if he keeps this up."
In terms of actual divorces, the Bill and Melinda Gates divorce is often cited as one of the most expensive in history, with Melinda reportedly receiving a staggering $76 billion after 27 years of marriage. However, as ForexLive.com noted, Elon and Trump’s rumoured split may yet surpass this, with shares needing to fall to $226 to reach this milestone. Interestingly, Bill Gates has repeatedly stated that he is short on Tesla, adding fuel to the fire.
The ongoing drama between Musk and Trump has left many investors and traders alike wondering what the future holds for these two influential figures. As ForexLive.com reported, the June 12 robotaxi launch is crucial for Tesla’s future success, but with Musk’s recent antics, it’s unclear whether he’ll be able to count on support from Texas regulators.
In a broader context, the implications of this rumoured divorce extend far beyond the business world, with many experts suggesting that it could have significant implications for the global economy. As ForexLive.com noted, the ongoing feud between Musk and Trump has already sent shockwaves through the markets, with Tesla shares experiencing a significant downturn.
As the situation continues to unfold, one thing is certain: the rumoured split between Elon Musk and Donald Trump has sent shockwaves through the business world, and its implications will be closely watched by investors, traders, and analysts alike. According to ForexLive.com, "In order to surpass the cost of the Gates divorce, shares would have to fall all the way to $226 and that’s surprisingly possible." Only time will tell if this potentially record-breaking divorce will live up to its billing.
In related news, ForexLive.com has announced that it will be evolving into investingLive.com later this year, a new destination for intelligent market updates and smarter decision-making for investors and traders alike.
