Stock market slide pressures Trump and Musk economically

nytimes.com

The stock market has declined, affecting both President Trump and Elon Musk. Trump's trade policies, including proposed tariffs, raise concerns about a potential recession, which could impact his economic agenda. Musk faces challenges as Tesla's shares dropped over 15% due to falling sales and protests related to his political ties. This marks the lowest point for Tesla's stock since before the election. Trump has recently suggested that economic disruptions from tariffs may be necessary for long-term growth, indicating a willingness to endure short-term pain, similar to Musk's approach to risk in his business ventures.


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