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TSLA
CNBC
75 days

Trump says Musk went 'CRAZY,' suggests cutting government contracts for his companies

1. Trump called Musk 'CRAZY' amid tax bill feud. 2. He threatened to cut Musk's government contracts. 3. TSLA's share price dropped sharply after Trump's comments. 4. Musk opposes Trump's budget, claiming it inflates national debt. 5. Trump supports terminating Musk's subsidies and contracts.

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FAQ

Why Bearish?

TSLA's price fell significantly post comments, indicating investor concern over potential contract losses.

How important is it?

The direct threat to Musk's contracts introduces significant uncertainty for TSLA's financial outlook.

Why Short Term?

Immediate reactions to political events often have quick effects on stock prices, as seen in similar instances.

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