Elon Musk's relationship with President Donald Trump is reportedly showing signs of strain as the Tesla CEO faces a significant financial hit following Trump's recent tariff hikes. Musk's net worth has taken a blow of $30.9 billion, a result of new trade policies that could also signal the end of his long-standing support for Trump.
Musk sounded less optimistic just after Trump announced a 10% baseline tariff on all goods coming from almost every country and added higher tariffs on some regions. Tesla's founder has reportedly been reeling over a drastic cut in his fortune from new global tariffs.
