Elon Musk’s criticism of President Trump’s tax legislation has impacted Tesla’s stock, dropping 3% amid investor concerns. Musk, formerly aligned with the administration through his role in DOGE, now opposes the bill, citing its impact on cost-saving efforts. This shift, coupled with protests, has negatively affected Tesla’s sales and stock performance, raising questions about the future of his business ventures.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets