like Timing The shares decreased for the fourth consecutive day, CEO Elon Musk to leave President Donald Trump Best commercial advisor Peter Navarro.
Musk, the richest person in the world, began to follow Navarro during the weekend, where X was published on the “PhD in Econ from Harvard, bad, not a good thing,” referring to the degree of Navarro. Whatever accuracy remained at the beginning of the week, it has disappeared since then.
Tuesday, musk books “Navarro is truly a fool,” noting that his comments about the universe of Tesla “Car Complex”, as much as it is “clearly wrong.” Musk called Navarro “Dumber from a brick bag”, before he later apologized to the brick. Musk Navarro also called “serious stupid.”
Musk attacks on Navarro is the most general rise among the members of the internal circle of President Trump since the period started in January, and it shows that the sharp customs tariff announced last week in more than 180 countries, and no region has a comprehensive approval of the administration.
When asked about the dispute in a briefing on Tuesday, the White House press secretary Caroline Levitt He said“See, it is clear that these two people have very different views on trade and tariffs.”
She said: “The children will be children, and we will call them to compete for the public debate.”
For Musk, whose younger brother Kimbal-owner, a restaurant and businessman and a member of the Tesla-Board of Directors, joined the event, the name call appears to be linked to working conditions.
Tesla shares have decreased by 22 % in the past four trading sessions and 45 % for this year. Tesla has lost more than $ 585 billion of value since the calendar has shifted, equal to tens of billions of dollars in paper losses for Musk, who is also the CEO of SpaceX, Malik Xai and Social Network X.
Even before President Trump clarified his plan for widely -ranging definitions, he has already set a 25 % tariff on vehicles that were not assembled in the United States, and many analysts said Tesla could stand up to these definitions better than competitors because its cars sold in the United States are collected locally.
However, the company’s production costs are preparing to increase due to the customs tariff for materials and spare parts of foreign suppliers. Canada and Mexico are among the leading sources in US steel imports, and Canada is the largest aluminum supplier in the country, while China and Mexico are home to the main suppliers of printed circuit boards in the auto industry.
In an event hosted by the right -wing Italian Deputy Prime Minister Matteo Salvini, Musk said: “Both Europe and the United States must move, in my opinion, in my opinion, to a zero position, which effectively creates a free trade zone between Europe and North America.”
Musk, whose point of view on trade relations with Europe is firmly contradictory to the policies implemented by the president, has an interest in the region. Tesla has a large car factory outside Berlin, and the European Commission has previously turned into Spacex for its launch.
Even before the definitions, Tesla’s works were stumbled. Last week, the company reported 13 % on an annual basis Decrease in delivery operations in the first quarter, The estimates of the missing analysts. This report, which fell days after the end of Tesla’s share in the worst quarter since 2022.
Musk, who has spent nearly $ 290 million to help returning Trump to the White House, is now the Ministry of Governmental Efficiency, or Doug, which reduced costs, eliminated regulations and reduced tens of thousands of federal jobs. In the first quarter, Tesla was affected by waves of ProtestsThe boycott and some criminal activities that targeted vehicles and facilities in response to Musa’s political speech and work in the White House.
Correction: I had an incorrect character of this story for Musk’s contributions to the Trump campaign.
He watches: Brad Jerstner explains his position on Tesla
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