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Elon Musk’s Net Worth Plunges $12 Billion As Trump Targets Musk’s Empire In Feud
Posted
July 1, 2025
Views
51,809
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546
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July 1, 2025
51,809
546
181
1.40%
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2:23Now PlayingTesla shares fell more than 5% Tuesday after President Donald Trump suggested government subsidies for Musk’s companies—including Tesla—should be scrutinized by the Department of Government Efficiency, as the billionaire CEO attacked Trump’s signature spending bill and threatened to form a new political party, causing Musk’s world-leading fortune to shrink considerably.
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