Let's Hear 'Em Out: A Chat Between Trump and Musk - Just a Few Words Away
Trump and Elon Musk should engage in a phone conversation to foster a harmonious relationship.
It appears that the White House brass is planning a chat between President Donnie and tech titan Elon Musk, aiming to settle their public spat. According to sources from Politico, the scheduled call is set to happen later on today.
Despite the ongoing tiff, Donnie seems to be keeping his cool, all while his advisors are reportedly worried about the fallout. "Eh, no big deal," the Prez said when asked about the beef, adding, "Things are running smoother than ever before." Musk, too, echoed the sentiment, agreeing with a hedge fund manager's plea for "peace for the nation's sake."
Stockin' Up: Tesla's Financial Climb
The Tesla stock, under pressure due to the feud, saw a surge of over 5 percent at the Frankfurt Stock Exchange following the news about the planned call. Trump had threatened to take away government contracts from Musk's company and even suggested an impeachment move, while Musk tossed the proposal back. The initial spark for the spat was a bill in the Senate, proposing significant reforms to implementing Trump's political agenda, but increasing the national debt by trillions.
Trump tossed the blame on Musk for opposing the bill due to the elimination of tax credits for electric vehicles. Musk countered with concerns over the resulting increase in the federal deficit, calling the bill a "nauseating monstrosity."
The news of the planned call between Donnie and Elon might help alleviate some of the tension, but the long-term impact on Tesla's stock remains unclear. Though the chat could positively influence market sentiment and boost investor confidence, the stock's performance is heavily influenced by various factors, including financial performance, technological advancements, and overall market conditions.
Sources: ntv.de, chl/rts
- Donald Trump
- Elon Musk
- Tesla Motors
- US debt surge
- National debt ballooning
- The ongoing public dispute between Donald Trump and Elon Musk may be temporarily resolved with their scheduled call, as reported by Politico today, but the impact of this monetary union on Tesla's stock remains uncertain.
- Economic concerns were at the heart of the feud between Trump and Musk, with Trump accusing Musk of opposing a bill that would implement his political agenda, increase the national debt by trillions, and eliminate tax credits for electric vehicles.
- The reaction of the stock market to the news of the planned call between Trump and Musk highlights the interconnectedness of business, technology, politics, and general-news, with the Tesla stock rising by over 5 percent in Frankfurt following the announcement.
