💨 Abstract

On July 1, 2025, tensions escalated between Elon Musk and former US president Donald Trump over a massive spending bill. Musk vowed to fund primary challenges against Republicans supporting the bill, which he criticizes for its high cost. Trump retaliated by hinting at investigating Musk's government contracts. This feud has impacted Tesla's stock, dropping nearly 5% as investors fear potential consequences from Trump's administration.

Courtesy: WTOP Staff