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Tesla shares tumble after Trump says DOGE should look at Elon Musk's subsidies

1. TSLA stock fell over 5% after Trump's subsidy comments. 2. Trump suggests cutting subsidies for Musk's companies, including TSLA. 3. Musk openly criticizes tax bills affecting green energy support. 4. Previous feud with Trump led to TSLA stock sell-off. 5. Musk calls for a new political party advocating for people.

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FAQ

Why Very Bearish?

Trump's comments on subsidies may cause investor concern, similar to past sell-offs.

How important is it?

High likelihood of price impact due to prominent figures' influence on stock performance.

Why Short Term?

Immediate market reaction observed with premarket TSLA stock decline indicates short-term impact.

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