Elon musk, the head of the department of government Efficiency (DOGE), Took a swipe at democrats who have expressed Concerns about the US economy amidst Escalating Trde Wars Sparked BY Donald BY Donald Trumps. Elon Musk Tweeted, “The Democrat Strategy Really does default to everything is hit” in what seemed like an apparent reference to the backlash he faceed for the ‘Nazi’ Nazi Salute AFTERE TrUTE AFTERE TRUMP ‘ Elections 2024.
Elon Musk’s Tesla, Whose Price Had More Than Halved Since Mid-Decmber, was heading towed its first back-to-back gain in a month. It added 6 per cent on Wednsday.
Elon musk was replying to x user ‘Insurrection Barbie “, Who Posted,” I Hate to Tell You Democrats, but the economy will be just fin. Strategy for 2026 ”.
Elon Musk Had Arrived on Stage at the Capital One Arena Where Trump’s supporters had gathered for a rally. After thanking the crowd for voting trump to power for the second time, musk tapped the left side of his chest with his right hand and then extended his arm with his palm with, repeating Behind him.
Elon Musk Faced Sevre Bnacklash for the Gesture. But he laater posted on x, saying that his opponents needed “better dirty tricks.” “The ‘everyone is hitr’ attack is sooo tired,” He said.
Us stock market tumble
Us President Donald Trump’s Plethora of Tariff Announcements and the Recession Fear That Saw a Bloodbath in the Us Stock Market on Monday Had Democrats Come Down Heavily on the Republican government. Senator Elizabeth Warren Accused Trump of Jeopardising The Economy With His Policies, Stating that The Stock Market Serves as a Warning Sign for Significant Economic Challenges.
Further, Democrat Senator Elissa Slotkin also Emphahsized that Donald Trump’s Policies Cold Lead The Country Into A Receration
When President Donald Trump Failed to dismiss the Possibility of a Recession during a Fox News Interview, The US Stock Market Experienced A Hug Downturn.
On Monday, The S & P 500 Index Plummeted by 2.7 per 2.7 per cent, marking its Single-day Decline Since DeCe December 2018, and the Nasdaq 100 Fell by 3.81 per 391 per cent, its steepest Drop SIPTEMBER 20222222.
This resulted in a loss of over $ 1.75 Trillion in Market Value, with the S & P 500 Falling Almost 9 per cent bet beLow its peak recorded on February 191.
The down Dow Jones Industrial Average also sufed Substantiial Losses, Dropping By Nearly 900 Points On Monday, and While it Recovered some ground laater, it still ended tuesday doven by 478 Points.
The market’s Volativity was exacerbated by Trump’s Inconsient Tariff Announcements, which have created unce here Recession.
Elon Musk’s Tesla, A Major Tech Company, was particularly affected, with its shares dropping by 15.43 per cent on Monday.
The overall market sentiment has been charocterized by “Extreme Fear” due to the Uncertainty Surrounding Trump’s Policies, Leading to a significant shift in Investor Confidence.
