Tag #Business

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cnnespanol.cnn.com

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Jun 7, 07:10

Musk-Trump Feud Costs Tesla $152 Billion

Elon Musk's highly publicized falling out with Donald Trump caused Tesla's stock to plummet 14% on Thursday, wiping out $152 billion in market capitalization and impacting Tesla's government relations and future prospects.

Musk-Trump Feud Costs Tesla $152 Billion

Elon Musk's highly publicized falling out with Donald Trump caused Tesla's stock to plummet 14% on Thursday, wiping out $152 billion in market capitalization and impacting Tesla's government relations and future prospects.

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What is the immediate financial impact of Elon Musk's public break with Donald Trump on Tesla?

Elon Musk's abrupt shift from staunch Trump ally to outspoken critic has severely impacted Tesla's market value. Tesla's stock plummeted 14% on Thursday, wiping out $152 billion in market capitalization and $34 billion from Musk's net worth, following a public feud between the two. This dramatic downturn is largely attributed to the risk of alienating both Democrat and Republican customer bases.

kathimerini.gr

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Jun 7, 13:14

Nvidia CEO's Fear of Failure Fuels \$3.45 Trillion Success

Nvidia CEO Jensen Huang, despite his company's \$3.45 trillion valuation, is driven by a fear of failure, using anxiety as motivation for his success, a unique approach that contrasts with other CEOs' optimism but demonstrates resilience against setbacks.

Nvidia CEO's Fear of Failure Fuels \$3.45 Trillion Success

Nvidia CEO Jensen Huang, despite his company's \$3.45 trillion valuation, is driven by a fear of failure, using anxiety as motivation for his success, a unique approach that contrasts with other CEOs' optimism but demonstrates resilience against setbacks.

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How does Huang's fear of failure shape his decision-making process, and what are the potential consequences of this approach?

Huang's intense work ethic and anxiety stem from a fear of failure and a desire to avoid disappointing others. This fear, while seemingly negative, fuels his ambition and pushes him to take calculated risks, leading to innovation and success. His past near-failure experiences at Nvidia further shaped this resilience.

theglobeandmail.com

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Jun 6, 04:13

Musk-Trump Feud Shakes US Politics and Markets

Elon Musk and Donald Trump's close relationship ended abruptly this week in a public feud involving mutual insults and threats, impacting Tesla's stock price and potentially altering the political landscape.

Musk-Trump Feud Shakes US Politics and Markets

Elon Musk and Donald Trump's close relationship ended abruptly this week in a public feud involving mutual insults and threats, impacting Tesla's stock price and potentially altering the political landscape.

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What policy disagreements fueled the conflict between Musk and Trump?

This fallout stems from disagreements over policy, specifically federal electric-car subsidies and the recently passed budget bill. Musk's criticism of the bill, coupled with his public attacks on Trump, has created a major rift, impacting both men's political and financial standing. The conflict highlights the influence wielded by wealthy individuals in US politics.

smh.com.au

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Jun 6, 07:16

Musk-Trump Feud Costs Musk $34 Billion

Elon Musk's public criticism of Donald Trump's spending bill led to a $34 billion drop in Musk's net worth, prompting Trump to threaten the termination of government contracts with Musk's companies, Tesla and SpaceX.

Musk-Trump Feud Costs Musk $34 Billion

Elon Musk's public criticism of Donald Trump's spending bill led to a $34 billion drop in Musk's net worth, prompting Trump to threaten the termination of government contracts with Musk's companies, Tesla and SpaceX.

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What are the immediate financial and political consequences of Elon Musk's public dispute with Donald Trump?

Elon Musk's public feud with Donald Trump resulted in a $34 billion loss to his net worth, the second largest in Bloomberg Billionaires Index history. This followed Musk's opposition to Trump's spending bill and subsequent threats from Trump to end Musk's government contracts, impacting Tesla and SpaceX.

forbes.com

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Jun 6, 13:14

Trump and Musk Feud: $26.6 Billion Net Worth Loss for Musk

On Thursday, President Donald Trump's net worth fell by $202 million to $5.4 billion, while Elon Musk's net worth decreased by approximately $26.6 billion due to a 14.2% drop in Tesla's stock price following a public clash between the two.

Trump and Musk Feud: $26.6 Billion Net Worth Loss for Musk

On Thursday, President Donald Trump's net worth fell by $202 million to $5.4 billion, while Elon Musk's net worth decreased by approximately $26.6 billion due to a 14.2% drop in Tesla's stock price following a public clash between the two.

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How did the public dispute between Musk and Trump affect the stock prices of Tesla and Trump Media?

The decline in Tesla's stock price, triggered by a public dispute between Elon Musk and President Trump, resulted in substantial financial losses for both individuals. Trump's net worth decreased by a smaller amount, while Musk's fell by a significantly larger sum. This highlights the interconnectedness of business and politics, showing how public disagreements can impact financial markets.

news.sky.com

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Jun 6, 13:14

Trump-Musk Feud: Political and Economic Fallout

President Trump and Elon Musk's highly publicized falling out, 137 days into Trump's presidency, followed the passing of Trump's spending bill, and involves accusations of wrongdoing, jeopardizing government collaborations and impacting various sectors.

Trump-Musk Feud: Political and Economic Fallout

President Trump and Elon Musk's highly publicized falling out, 137 days into Trump's presidency, followed the passing of Trump's spending bill, and involves accusations of wrongdoing, jeopardizing government collaborations and impacting various sectors.

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What are the immediate consequences of the Trump-Musk public split, and how does it impact US politics and business?

The public falling out between President Trump and Elon Musk, following the passing of Trump's spending bill, marks a significant shift in US politics and business. Musk's vocal criticism and accusations against Trump, including unsubstantiated claims, have damaged Trump's brand and may influence Republican voting on the bill. The fallout also jeopardizes numerous government collaborations with Musk's companies.

npr.org

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Jun 7, 16:11

Musk-Trump Alliance Collapses Amidst Public Feud and Contract Threats

Elon Musk and Donald Trump's close relationship dramatically ended after public disagreements, culminating in Trump's threats to cancel billions of dollars in government contracts with Musk's companies; Musk responded with aggressive counter-moves, highlighting a significant shift in their alliance ...

Musk-Trump Alliance Collapses Amidst Public Feud and Contract Threats

Elon Musk and Donald Trump's close relationship dramatically ended after public disagreements, culminating in Trump's threats to cancel billions of dollars in government contracts with Musk's companies; Musk responded with aggressive counter-moves, highlighting a significant shift in their alliance ...

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What are the immediate consequences of the public falling-out between Elon Musk and Donald Trump?

Elon Musk and Donald Trump's highly publicized falling-out marks a significant shift in their previously close relationship. Musk's public disagreements with Trump, culminating in Trump's veiled threats to cancel government contracts with Musk's companies, signal a complete breakdown of their alliance. This rupture has significant implications for the political landscape and the business interests of both individuals.

edition.cnn.com

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Jun 6, 19:11

Musk-Trump Feud Erases $152 Billion From Tesla's Market Value

Elon Musk's very public break with Donald Trump caused Tesla's market value to plummet by $152 billion in a single day, jeopardizing government contracts for Tesla and SpaceX and potentially alienating customers on both sides of the political spectrum.

Musk-Trump Feud Erases $152 Billion From Tesla's Market Value

Elon Musk's very public break with Donald Trump caused Tesla's market value to plummet by $152 billion in a single day, jeopardizing government contracts for Tesla and SpaceX and potentially alienating customers on both sides of the political spectrum.

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How does Musk's political engagement affect Tesla's brand image and customer relations?

Musk's actions demonstrate the potential risks for CEOs who engage in high-profile political endorsements. The incident highlights how partisan political involvement can severely damage a company's brand image and financial stability, impacting investor confidence and consumer loyalty. This case study underscores the need for businesses to maintain a politically neutral stance to protect their bottom line.

theguardian.com

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Jun 6, 19:11

Musk-Trump Feud: Billions in Contracts and Political Power at Stake

The deteriorating relationship between Elon Musk and Donald Trump is causing significant concerns, with Trump threatening to cancel over \$3 billion in government contracts awarded to Musk's companies, while Musk considers creating a new political movement.

Musk-Trump Feud: Billions in Contracts and Political Power at Stake

The deteriorating relationship between Elon Musk and Donald Trump is causing significant concerns, with Trump threatening to cancel over \$3 billion in government contracts awarded to Musk's companies, while Musk considers creating a new political movement.

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How might this conflict reflect broader power dynamics between government and powerful corporations?

This conflict stems from a breakdown in their previously mutually beneficial relationship. Trump's threats highlight the power dynamics inherent in government-corporate interactions, where political favor can rapidly shift. Musk's countermeasures, encompassing political maneuvering and potential business disruptions, reflect his considerable power and influence.

cnn.com

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Jun 6, 16:12

Musk-Trump Feud Costs Tesla $152 Billion

Elon Musk's highly publicized feud with Donald Trump caused a 14% drop in Tesla's stock price, wiping out $152 billion in market value and $34 billion from Musk's net worth, highlighting the risks of CEOs engaging in partisan politics.

Musk-Trump Feud Costs Tesla $152 Billion

Elon Musk's highly publicized feud with Donald Trump caused a 14% drop in Tesla's stock price, wiping out $152 billion in market value and $34 billion from Musk's net worth, highlighting the risks of CEOs engaging in partisan politics.

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How did Musk's political actions affect Tesla's customer base and brand image?

Musk's actions alienated both Democrats and Republicans. Initially, his support for Trump angered Tesla's core Democratic customer base. His subsequent public break with Trump now risks alienating Trump supporters, jeopardizing Tesla's sales and potentially impacting SpaceX's government contracts.

pt.euronews.com

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Jun 6, 10:12

Tesla Stock Plummets \$150 Billion After Musk-Trump Feud

Tesla's stock plunged 14% in three hours on Thursday, losing \$150 billion in market value after a public feud between Elon Musk and former President Trump, who threatened to cut government contracts with Musk's companies, including SpaceX and potentially Tesla.

Tesla Stock Plummets \$150 Billion After Musk-Trump Feud

Tesla's stock plunged 14% in three hours on Thursday, losing \$150 billion in market value after a public feud between Elon Musk and former President Trump, who threatened to cut government contracts with Musk's companies, including SpaceX and potentially Tesla.

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How might the threatened cuts to government contracts affect SpaceX and its various projects, including Starlink?

The conflict stemmed from Trump's budget proposal and Musk's claim that Trump wouldn't have been elected without his help. Trump's threat to target government contracts, particularly those held by SpaceX, fueled investor concerns about the future prospects of Musk's ventures.

lexpress.fr

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Jun 6, 13:13

Trump-Musk Alliance Collapses Amidst Budget Bill Dispute

Following public criticism of Trump's budget bill, Elon Musk's political alliance with President Donald Trump ended, leading to mutual accusations and threats to cancel government contracts, highlighting the fragility of such partnerships and potential ramifications for business.

Trump-Musk Alliance Collapses Amidst Budget Bill Dispute

Following public criticism of Trump's budget bill, Elon Musk's political alliance with President Donald Trump ended, leading to mutual accusations and threats to cancel government contracts, highlighting the fragility of such partnerships and potential ramifications for business.

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What caused the abrupt end of the political alliance between Donald Trump and Elon Musk, and what are the immediate consequences?

Last week, Donald Trump and Elon Musk ended their political alliance. Trump expressed disappointment over Musk's criticism of a budget bill, while Musk countered by claiming Trump would have lost the election without his support. The fallout includes Trump threatening to cancel government contracts with Musk's companies.

Showing 61 to 72 of 514 results