{"id":9938,"date":"2025-03-29T16:51:59","date_gmt":"2025-03-29T16:51:59","guid":{"rendered":"https:\/\/news-vm.com\/?p=9938"},"modified":"2025-03-29T16:51:59","modified_gmt":"2025-03-29T16:51:59","slug":"trumps-message-following-elon-musks-29-billion-loss-in-a-single-day","status":"publish","type":"post","link":"https:\/\/news-vm.com\/?p=9938","title":{"rendered":"Trump\u2019s message following Elon Musk\u2019s $29 billion loss in a single day"},"content":{"rendered":"<p>Elon Musk has been facing a tough time lately, with Tesla\u2019s stock dropping over 50% since December, causing a $9 billion loss to his net worth. Tesla\u2019s stock dropped 6% last week, wiping out $8.8 billion from Musk\u2019s fortune, which fell from $464 billion to $342.8 billion.<\/p><div class=\"kyxxa69feb50051b58\" ><div style=\"width:100%; max-width:1200px; margin:0 auto;\">\n  <a href=\"https:\/\/bolt-casino.com?r=0BFDBF1283\" target=\"_blank\" rel=\"noopener\">\n    <img \n      src=\"https:\/\/news-vm.com\/wp-content\/uploads\/2026\/04\/f8693ebb-2018-480f-a2f7-0096810c07f0.jpg\" \n      alt=\"200% Deposit Bonus + 10% Cashback\" \n      style=\"width:100%; height:auto; display:block; border-radius:8px; cursor:pointer;\"\n    \/>\n  <\/a>\n<\/div><\/div><style type=\"text\/css\">\r\n@media screen and (min-width: 1201px) {\r\n.kyxxa69feb50051b58 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 993px) and (max-width: 1200px) {\r\n.kyxxa69feb50051b58 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 769px) and (max-width: 992px) {\r\n.kyxxa69feb50051b58 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 768px) and (max-width: 768px) {\r\n.kyxxa69feb50051b58 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (max-width: 767px) {\r\n.kyxxa69feb50051b58 {\r\ndisplay: block;\r\n}\r\n}\r\n<\/style>\r\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" class=\"wp-image-9690\" src=\"https:\/\/currentnews-foryou.com\/wp-content\/uploads\/2025\/03\/image-168.png\" alt=\"\" \/><\/figure>\n<p>This downturn is linked to Wall Street\u2019s volatility and challenges in the electric vehicle market, compounded by Musk\u2019s role in the Department of Government Efficiency under Donald Trump, where he aims to cut federal spending. Musk admitted in an interview that managing multiple businesses is increasingly difficult, especially as Tesla faces a global slowdown.<\/p>\n<p>Trump, however, continues to offer his full support for Musk. On March 10, Trump posted on Truth Social, defending Musk and attacking what he calls \u201cRadical Left Lunatics\u201d for trying to harm Tesla. He pledged to buy a new Tesla as a show of support, even though he had previously criticized electric cars.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" class=\"wp-image-9689\" src=\"https:\/\/currentnews-foryou.com\/wp-content\/uploads\/2025\/03\/image-167.png\" alt=\"\" \/><\/figure>\n<p>Trump\u2019s backing of Musk is clear, with him turning the White House into a Tesla showroom on March 11, praising Musk\u2019s contributions to America.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk has been facing a tough time lately, with Tesla\u2019s stock dropping over 50% since December, causing a $9 billion loss to his net worth. Tesla\u2019s stock dropped 6% last week, wiping out $8.8 billion from Musk\u2019s fortune, which fell from $464 billion to $342.8 billion. This downturn is linked to Wall Street\u2019s volatility&#8230;<\/p>\n","protected":false},"author":1,"featured_media":9939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"default","_kad_post_title":"default","_kad_post_layout":"default","_kad_post_sidebar_id":"","_kad_post_content_style":"default","_kad_post_vertical_padding":"default","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump\u2019s message following Elon Musk\u2019s $29 billion loss in a single day - VM News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news-vm.com\/?p=9938\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump\u2019s message following Elon Musk\u2019s $29 billion loss in a single day - VM News\" \/>\n<meta property=\"og:description\" content=\"Elon Musk has been facing a tough time lately, with Tesla\u2019s stock dropping over 50% since December, causing a $9 billion loss to his net worth. Tesla\u2019s stock dropped 6% last week, wiping out $8.8 billion from Musk\u2019s fortune, which fell from $464 billion to $342.8 billion. 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