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Elon Musk’s feud with Trump and ‘America Party’ gambit hit Tesla shares and wiped up to $15 billion off his net worth
July 7–8, 2025: The first trading day since Musk’s weekend announcement, Tesla shares tumbled, and Musk’s personal fortune dropped by as much as $15 billion, according to the Bloomberg Billionaires Index. As of July 9, it stands at $349 billion with Tesla shares broadly unchanged.
Shares of electric vehicle maker Tesla tumbled 8% in morning trading as the feud between CEO Elon Musk and Trump reignited ...
The billionaire continued to criticize the GOP and appeared to take shots at the president after he mocked the idea of Musk ...
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