Musk’s $110 Billion Crash—Did Trump’s Policies Doom Tesla?

WooGlobe

Did Elon Musk’s support for Donald Trump turn into a jackpot—or a financial disaster?  After Trump’s 2024 victory, Musk’s fortune skyrocketed from $270 billion to over $400 billion as Tesla’s stock soared. But then, things took a turn. Trump’s tariffs sent markets into chaos, Tesla shares tumbled, and protests erupted across the country. Now, Musk’s net worth has plunged by over $110 billion.  So, what’s next? Will Trump’s policies fuel Musk’s empire, or is this the beginning of a major downfall? Watch to find out! WooGlobe Ref : WGA112053 For licensing and to use this video, please email licensing@wooglobe.com

Transcript

00:00Has backing Donald Trump been a golden ticket for Elon Musk or a dangerous gamble?

00:05When Trump won the 2024 election, Musk's wealth exploded.

00:10His fortunes skyrocketed from $270 billion to over $400 billion in just a month.

00:16Tesla's stock surged 70%, pushing its market value past $1 trillion.

00:22It seemed like Musk had bet on the right horse.

00:25But then the cracks started to show.

00:27In early 2025, Trump's aggressive tariffs on Canada, Mexico,

00:32and China sent the markets into turmoil.

00:35Tesla's stock crashed 5.2% in a single day, wiping out $700 billion in gains.

00:40And that was just the beginning.

00:43Protests erupted at Tesla dealerships nationwide.

00:46Outraged Americans blamed Musk for his role in Trump's government efficiency initiatives,

00:50which led to massive federal job cuts.

00:53Tesla's brand took a hit and sales suffered.

00:56Now, Musk's net worth has plunged by over $110 billion.

01:01The big question, what happens next?

01:04Will Trump's policies ultimately push Tesla and SpaceX to new heights?

01:08Or will the public backlash and market chaos drag Musk down for good?

01:12The next four years could make or break the world's richest entrepreneur.

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