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For your information, you can find below the description of the video Wall Street Calls Trump-Musk Feud ‘Disaster’ for Tesla Stock | The Opening Trade 06/06 published by the Youtube channel Bloomberg Television:
Tesla Inc.’s stock plummeted 14% on Thursday after a rift over President Donald Trump’s proposed tax legislation exploded into an all-out public feud with the president threatening to end government contracts and subsidies for Tesla and Elon Musk’s Space Ex. The rout shed $153 billion from Tesla’s market value, the biggest one-day drop on record, while yielding short sellers $4 billion in gains, according to data from S3 Partners.
Trump on Thursday said he was “very disappointed” by the Tesla chief executive officer’s criticism of the president’s signature tax policy bill. Musk fired back in several social media posts, saying in one that “without me, Trump would have lost the election.”
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Lizzy Burden.
Chapters:
00:00:00 - Opening Trade
00:01:28 - Trump 'Dissapointed in Elon Musk'
00:03:58 - SpaceX Threat
00:04:57 - Trump, Xi Jinping Call
00:12:51 - Japan Moon Lander Crashes
00:13:31 - Reform UK Chairman Resigns
00:13:41 - ECB Rate Cuts
00:16:07 - US Jobs Report
00:24:19 - Merz Survived Trump White House Meeting
00:24:50 - Rutte; NATO Agreed on Targets
00:47:11 - HSBC, Siemens Energy, Athleisure
01:02:17 - Vestas Stock Up on US Policy
01:03:57 - UBS Considers Relocation
01:14:00 - Bank of Greece Governor Stournaras
01:33:10 - Carlsberg CEO on Non-Alcoholic Beer
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