Did Elon Musk’s support for Donald Trump turn into a jackpot—or a financial disaster?
After Trump’s 2024 victory, Musk’s fortune skyrocketed from $270 billion to over $400 billion as Tesla’s stock soared. But then, things took a turn. Trump’s tariffs sent markets into chaos, Tesla shares tumbled, and protests erupted across the country. Now, Musk’s net worth has plunged by over $110 billion.
So, what’s next? Will Trump’s policies fuel Musk’s empire, or is this the beginning of a major downfall? Watch to find out!
WooGlobe Ref : WGA112053
For licensing and to use this video, please email licensing@wooglobe.com
After Trump’s 2024 victory, Musk’s fortune skyrocketed from $270 billion to over $400 billion as Tesla’s stock soared. But then, things took a turn. Trump’s tariffs sent markets into chaos, Tesla shares tumbled, and protests erupted across the country. Now, Musk’s net worth has plunged by over $110 billion.
So, what’s next? Will Trump’s policies fuel Musk’s empire, or is this the beginning of a major downfall? Watch to find out!
WooGlobe Ref : WGA112053
For licensing and to use this video, please email licensing@wooglobe.com
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FunTranscript
00:00Has backing Donald Trump been a golden ticket for Elon Musk or a dangerous gamble?
00:05When Trump won the 2024 election, Musk's wealth exploded.
00:10His fortunes skyrocketed from $270 billion to over $400 billion in just a month.
00:16Tesla's stock surged 70%, pushing its market value past $1 trillion.
00:22It seemed like Musk had bet on the right horse.
00:25But then the cracks started to show.
00:27In early 2025, Trump's aggressive tariffs on Canada, Mexico,
00:32and China sent the markets into turmoil.
00:35Tesla's stock crashed 5.2% in a single day, wiping out $700 billion in gains.
00:40And that was just the beginning.
00:43Protests erupted at Tesla dealerships nationwide.
00:46Outraged Americans blamed Musk for his role in Trump's government efficiency initiatives,
00:50which led to massive federal job cuts.
00:53Tesla's brand took a hit and sales suffered.
00:56Now, Musk's net worth has plunged by over $110 billion.
01:01The big question, what happens next?
01:04Will Trump's policies ultimately push Tesla and SpaceX to new heights?
01:08Or will the public backlash and market chaos drag Musk down for good?
01:12The next four years could make or break the world's richest entrepreneur.