Tesla’s $150 Billion Wipeout as Musk Slams Trump’s Tariffs
Tesla CEO Elon Musk says the new Trump tariffs will trigger a U.S. recession—and Wall Street just got the message loud and clear. On Thursday, Tesla shares crashed over 14%, wiping out nearly $150 billion in value. The fallout came fast after Musk’s public warning and a deepening feud with President Donald Trump.
The feud gets personal—fast
Musk’s post on X was blunt:
“The Trump tariffs will cause a recession.”
That one-liner set the tone for what came next: an all-out war of words between two of the world’s most powerful men.
The Trump tariffs will cause a recession in the second half of this year https://t.co/rbBC11iynE
— Elon Musk (@elonmusk) June 5, 2025
Trump shot back, accusing Musk of flipping sides after benefiting from his administration’s tax plan.
“I’m very disappointed in Elon,” Trump told reporters.
Musk didn’t hold back:
“False. This bill was never shown to me… passed in the dead of night,” he wrote.
Then came the real bombshell:
“Trump is in the Epstein files. That’s why they’re still sealed,” Musk claimed, turning the feud nuclear.
Also Read Elon Musk Declares War on Trump’s $4 Trillion Bill: “Bankrupting America Is NOT OK!”
From bromance to battle
Musk helped fund Trump’s 2024 campaign. He even worked with the administration on tech policies. But now? That alliance is toast. This is no longer just about tariffs or taxes—it’s personal.
And Wall Street knows it.
Tesla’s tanking stock is just the beginning. Investors are spooked. The market is watching closely. If Trump tariffs do spark a recession, this Musk-vs-Trump saga could be remembered as the moment things cracked.
What’s next?
Markets hate uncertainty—and this feud is nothing but. With Trump pushing aggressive trade moves and Musk sounding recession alarms, the economy is now stuck in their crossfire.
One runs the biggest electric car company in the world. The other might be President again by 2025. That’s not a great combo for stability.
Don’t just take Musk’s word for it
Even economists are warning that protectionist trade moves like Trump’s could backfire. According to a Brookings Institution report (dofollow), past tariff hikes have led to job losses and slower growth.
Whether you agree with Musk or not—his $150B hit proves people are worried.
Also Read EXPLOSIVE: Elon Musk BLASTS Trump’s ‘Disgusting Abomination’ Bill — White House FIRES BACK!
