Elon Musk (L) and Peter Navarro (R).
Reuters
How Tesla Actions fell on the fourth day in a row, CEO Elon Musk release President Donald Trump The best commercial advisor Peter Navarro.
Musk, the richest person in the world, began to go to Navarro at the weekend, publishing on X that “a doctorate in Harvard ECON is a bad thing, not a good thing,” a reference to the Navarro rank. Since then, she has disappeared, whatever the subtlety remained at the beginning of the week.
On Tuesday Musk wrote This “Navarro is really a moron”, noting that his comments about “car ass, both false”. Musk called Navarro “dumbfounded than a brick sack”, after which he later apologized to the brick. Musk also called Navarro “dangerously stupid”.
Musk attacks on Navarro represent the most public weave between members of the inner circle of President Trump since the deadline began in January and show that the steep tariffs announced last week in over 180 countries and territories do not have universal approval in administration.
When asked about Feud during check -in on Tuesday, the press secretary of the White House Karoline Leavitt he said“Listen, these are of course two people who have very different views on trade and tariffs.”
“The boys will be boys, and we will let their public sparrings last,” she said.
For Musk, whose younger brother Kimbal-restaurant owner, entrepreneur and member of the board of Tesla-joined the action, the connection of the name seems to be related to business conditions.
Tesla shares have dropped by 22% in the last four trade sessions and 45% during the year. Tesla has lost more value worth $ 585 billion since the calendar is twisted, which means tens of billions of dollars in paper losses for Musk, which is also the General Director of SpaceX and the owner of XAI and Social Network X.
Even before President Trump described his plan in detail, he has already placed a 25% tariff for vehicles not collected in the US, many analysts said that Tesla can withstand these tariffs better than competitors, because her vehicles sold in the US are collected in the country.
But the company's production costs are ready to increase due to tariffs for materials and parts from foreign suppliers. Canada and Mexico belong to the leading sources of US steel imports, and Canada is the largest aluminum supplier in the country, while China and Mexico are home for the main suppliers of the printed committees in the automotive industry.
During a recent event organized by the right -wing Italian deputy prime minister Matteo Salvini, Musk said: “Both Europe and the United States should, in my opinion, to be the best, to the zero situation, effectively creating a free trade zone between Europe and North America.”
Musk, whose view of commercial relations with Europe stands in a clear contrast to the policy implemented by the president, is interested in the region. Tesla has a large car factory outside Berlin, and the European Commission has previously turned to SpaceX to launch.
Even before the tariffs, Tesla's activity hesitated. Last week, the company reported 13% year on year decrease in delivery in the first quarter, Estimates of missing analysts. This report, which landed a few days at the price of Tesla, ended with the worst quarter since 2022.
Musk, who spent about $ 290 billion to help Trump to the White House, now runs the Department of the Government, i.e. Doge, which reduced costs, eliminated the regulations and reduced tens of thousands of federal jobs. In the first quarter of Tesla she was hit with waves protestsboycott and certain criminal activity, which was focused on vehicles and facilities in response to Musk's political rhetoric and his work in the White House.
