Tesla lived a decrease of 33% of her actions. Since January, Elon Musk lived a 25% reduction in his fortune.
The businessman and billionaire Elon Musk broke out as a special employee in the government of Donald Trump, with the conduction of Government Efficiency Department (Doge). However, his role meant a decline in his fortune at about US $ 113,000 million. Know more.
During his career, his private companies –Spacex, Neuralink, XAI- They obtained new financing, while in the case of X (former Twitter), when it became private property, it reached debt values that were shot.
Your only company that quotes on the stock market is Tesla INC, the same one that was worse since he assumed as a state employee: the Actions fell 33% Since the inauguration, together with a collapse of the sale of electric cars, Bloomberg said.
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Elon Musk lost US $ 113,000 million in Donald Trump’s government
Thus, the alliance with Trump cost Musk U $ s113,000 millionwhich means a decrease of 25% of its wealth since January 17. “These are 100 days of destruction,” said the director of the Center for Effective Public Management of the Brookings Institution In Washington Elaine Kamarck.
“Doge is cutting muscle, not fat. Elon Musk is carrying much of the guilt of Trump’s decisionsand people have decided to hate Musk more than Trump, ”said Bloomberg.
From the first day, Musk began providing the American agencies with allies of Silicon Valley, with an unprecedented Doge access to government databases. While promised an initial cut of US $ 2 billion in public spending, the initiative saved US $160,000 million to date.
Public opinion speaks: 57% of Americans disapproves Musk’s work in Washingtonin front of less than half in February, according to a survey Washington Post–ABC News–Ipsos published on Monday.
Donald Trump relieved tariffs to the automotive industry
United States president Donald Trump, Signed a decree on Tuesday that softens the impact of its tariffs on cars With a mixture of credits and relief from other taxes to the materials, and their trade team promoted its first agreement with a foreign commercial partner.
The advances helped relieve investors’ concern for the erratic commercial policies of Trump. The change is known on the day Trump was heading to Michigan, the cradle of the US car industry and few days before a new 25% tax series entered into force to the importation of cars.
Source: Ambito
