June 26, 2025
Trump-Musk dispute impacts Tesla shares, and Nasdaq falls
During a farewell event, Trump lauds Musk's work as the head of DOGE, which has eliminated thousands of jobs and cancelled billions of dollars in spending
DOGE has overseen job cuts at nearly every federal agency as part of US President Donald Trump's attempts to shake up the federal bureaucracy
Experts warn Grok may violate privacy laws if fed sensitive data
Trump-Musk efficiency push causes delays, increased costs, and brain drain
Tesla shares, which had risen 4% in after-hours trading right before an earnings conference call began, spiked to trade up 5.5% on Musk's comments
Mass firings have taken place on seven of the 10 Fridays that Trump has been in office since being sworn in on Jan 20
Relentless protests in many countries against the billionaire's involvement in Trump's administration and far-right politics in Europe have tarnished the company’s image
