Elon Musk, who was once Trump's biggest supporter, has now become one of his biggest critics. Musk is publicly criticizing Trump and Trump has also publicly retaliated. Trump has threatened to stop government contracts to Tesla and SpaceX. Due to this Musk is likely to suffer huge losses. Also, after clashing with Trump, the shares of Musk's company Tesla have fallen drastically. According to media reports, due to the fall in Tesla's shares, Elon Musk has suffered a loss of about $ 380 billion (about Rs 32 lakh crore) since January.
Tesla's market capitalization decreased by 29 percent.
Tesla's market capitalization has decreased by 29 percent and this year Tesla has been the worst performer among large-cap stocks. At the beginning of the year 2025, Tesla was the eighth largest company in the whole world, now it has come to 10th place. As the head of the Department of Government Efficiency in the Trump administration, Musk cut a large number of federal government expenses. During this time, a large number of people were fired from their jobs. Musk also had to face opposition to this and people in America vandalized Tesla and Tesla showrooms. Tesla also suffered a lot due to this.
Tesla shares fell 14 percent in a day.
After the tussle with Trump, Tesla's shares fell by 14 percent on June 6. Due to which the company has lost $ 150 billion in a day. This is one of the biggest losses suffered by any company in a day. Musk's troubles are still not over because Trump has threatened to end the government contracts of Musk's companies Tesla and SpaceX in a post shared on social media.
What is the reason for the tussle between Trump and Musk?
The reason for the tussle between Trump and Musk is regarding the tax bill being brought by the Trump administration. Musk is opposing this bill. Whereas Trump says that the purpose of this bill is to cut taxes, increase the defense budget and strengthen border security. However, the compulsion of electric vehicles has been abolished in this bill. Along with this, the $7500 discount on buying an EV has also been abolished. It is believed that Musk may object to these provisions.
IND vs SA: 'I want to apologize,' Arshdeep Singh publicly apologizes to his coach, and also makes a special request to the cameraman.
After defeating South Africa in a one-sided match in the third T20 played in Dharamshala, the Indian cricket team's bowling coach Morne Morkel expressed his happiness with the bowlers' performance. He
Ghooskhor Pandat Controversy: Film announcement, protests, and court rebuke; find out what happened in the 'Ghooskhor Pandit' controversy.
The Manoj Bajpayee-starrer "Ghooskhor Pandat" was officially announced on February 3rd. With this, the voices of protest against the film's title intensified. The Brahmin community and the saint
Pollution in Delhi-NCR is out of control, with AQI exceeding 500 in many areas; GRAP-3 restrictions ineffective.
The air in Delhi-NCR has once again become a burden on people's breathing. Due to the drop in temperature, slow wind speed, and the ever-increasing pollution sources, the capital is becoming
The controversy surrounding 'Toxic' is escalating; a social activist has filed a complaint against Yash's film with the CBFC and made this demand.
Kannada superstar Yash's highly anticipated film 'Toxic' is getting embroiled in one controversy after another. The 2-minute 51-second teaser of the film has already sparked outrage on social media
Delhi NCR Rain: Weather turned in Delhi-NCR, rains and strong winds at midnight
Delhi NCR received rain with strong winds on Monday (October 06, 2025). Earlier, the Meteorological Department had also predicted torrential rains.
Rinku Singh surprised the world by equaling Dhoni's record, while a former legend criticized the team management.
The role of a finisher in Indian cricket has always been a topic of discussion, but Rinku Singh, who hails from a small town in Uttar Pradesh, has started to put an end to this debate. His performance
Vaishno Devi pilgrims, be warned! Katra closed in protest against the ropeway project; facilities will not be available today.
The Sangharsh Samiti has called for a Katra shutdown on Wednesday against the ropeway being constructed on the Mata Vaishno Devi Yatra route in Katra. The committee has appealed to traders, horse
Air Pollution: No relief from 'suffocating' air in Delhi, AQI remains in very poor category; crosses 400 in many areas
Pollution persists in the capital due to local factors. With slow wind speeds, the air quality remained in the "very poor" category for the seventh consecutive day. The morning began with a thick
PM Modi Gujarat Visit: PM Modi will be on a visit to Gujarat tomorrow, will review the National Marine Heritage Complex
PM Modi will be visiting Gujarat on September 20th. This will be a one-day visit. On Saturday, PM Modi will first arrive in Bhavnagar, Gujarat, where he will hold a road show at around 10 am.
Bangladesh will take the next step only after receiving a response from the ICC; the suspense surrounding the T20 World Cup 2026 continues.
The T20 World Cup 2026 is scheduled to begin on February 7, 2026, but before the start of the tournament, a conflict over cricket is escalating between India and Bangladesh.
