Musk criticises Trump's 'big beautiful bill' again, hints at launching new party
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News18
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Donald Trump's Dig At Elon Musk Over Subsidies Sends Tesla Stock Into A Tailspin
Last Updated: Trump-Musk Feud: Tesla shares dropped sharply after Donald Trump criticized Elon Musk's reliance on government subsidies. Tesla shares took a sharp hit after US President Donald Trump reignited his feud with Elon Musk- targeting the billionaire's reliance on government support. In a fiery post on Truth Social, Donald Trump accused Elon Musk of being the biggest beneficiary of federal subsidies and suggested that his companies wouldn't survive without taxpayer backing. 'Elon may get more subsidy than any human being in history, by far," Donald Trump wrote, adding, 'Without subsidies, Elon would probably have to close up shop and head back home to South Africa… BIG MONEY TO BE SAVED!!!" Investor Whiplash Amid A Chaotic Year For Tesla Tesla has endured a volatile 2025 as the company has faced shrinking sales, an aging product lineup and repeated delays on long-promised technology rollouts. Elon Musk's time in Washington as head of the controversial Department of Government Efficiency (DOGE) further rattled shareholders, many of whom feared his attention had drifted from the business. In May, after Elon Musk stepped down from the DOGE post, Tesla shares briefly soared- jumping 20% in three days. But investor confidence has seesawed ever since, with each twist in the Elon Musk- Donald Trump relationship pushing the stock higher or lower. First Published: July 01, 2025, 19:45 IST
New Indian Express
18 minutes ago
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'We're going to teach them how to run away from an alligator': Trump on new immigration detention centre in Florida
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The Print
19 minutes ago
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India's agriculture & dairy ‘big red lines' for US in trade talks, says FM Nirmala Sitharaman
'Agriculture and dairy have been among very big red lines, where a high degree of caution has been exercised,' Sitharaman told the newspaper. India and the U.S. are negotiating a trade deal ahead of President Donald Trump's July 9 deadline to impose reciprocal tariffs. New Delhi : India's agriculture and dairy are 'big red lines' in its ongoing trade negotiations with the United States, Indian Finance Minister Nirmala Sitharaman told the Financial Express newspaper in an interview published on Monday. 'Yes, I'd love to have an agreement, a big, good, beautiful one; why not?' Sitharaman said, adding that an early conclusion of the trade deal would serve India better. In the trade talks, the U.S. is pushing for greater access to agricultural goods and ethanol, citing a significant trade imbalance, along with expanded market access for dairy, alcoholic beverages, automobiles, pharmaceuticals and medical devices. Meanwhile, India's auto, pharmaceutical, and small-scale firms are lobbying for a gradual opening of the protected sectors, fearing competition from U.S. firms. Discussions on the trade deal will address concerns of the automobile and other industries with 'deep consultations,' said Sitharaman. (Reporting by Nikunj Ohri; Editing by Mrigank Dhaniwala) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. Also read: Why Nirmala Sitharaman 2.0 is good for finance ministry, govt & even the economy
