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Musk Says Trump Cannot Win Election w/o His Support; Tesla Plunges ~9%
06 Jun 2025 00:42
The latest remarks from U.S. President Donald Trump and Tesla (TSLA.US) founder Elon Musk were filled with tension.

Musk bluntly stated on Thursday that Trump would lose the presidential election without his support, even calling Trump ungrateful. Trump had earlier expressed disappointment with Musk's opposition to his tax policy bill.

The relationship between the two allies showed signs of alienation, leading to a nearly 9% or US$28 slump in Tesla's stock price to US$303 Friday.
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SG Top Picks
Stock & Type Code Strike(Call Level) Last Effective Gearing
TSLA (C) 10688 420 (-) 0.470 3.7 X
TSLA (C) 10591 300 (-) 0.770 3.6 X
TSLA (P) 10692 280 (-) 0.740 2.1 X
TSLA (P) 10604 190 (-) 0.153 3.4 X

 

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