The ongoing social media rift between US President, Donald Trump and world’s richest man, Elon Musk has taken a dramatic turn, with Musk’s networth decreasing by $34 billion.
The brawl stemmed from Elon Musk’s claim about his significant role in Donald Trump’s US 2024 presidential election.
“Without me, Trump would have lost the election. Dems would have control house and republicans would be 51 to 49 in the senate”, He tweeted.
However, in response, Donald Trump threatened to cut federal contracts with Musk’s companies and eliminate the electric vehicle (EV) mandate introduced as a tax incentive under former President Joe Biden’s administration.
“I asked him to leave. I took away his EV mandate that forced everyone to buy electric cars that nobody else wanted” He stated.
Furthermore, Donald Trump suggested that terminating Elon Musk’s governmental subsidies and contracts would be a key way to economize financial resources in the American budget.
According to a recent report from Bloomberg, Elon Musk’s net worth plummeted by $33.9 billion, marking one of the worst single-day losses in personal wealth.
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