Trump backs down on tariffs
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Billionaire Elon Musk escalated his attacks against White House trade adviser Peter Navarro Tuesday, calling him a “moron” and “dumber than a sack of bricks.”
From New York Post
Musk claimed “Tesla has the most American-made cars,” in another series of X posts, adding that “Navarro is dumber than a sack of bricks.”
From CNN
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16hon MSN
Billionaire backers of President Donald Trump are watching their fortunes tumble as tariffs take a toll on Big Tech.
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Speaking at a town hall in Wisconsin on Sunday, Elon Musk heavily implied that his team at the Department of Government Efficiency (DOGE) will investigate how certain members of Congress have
Elon Musk lashes out after Tesla's stock nosedives, blaming Trump-era tariffs and a renewed trade war narrative. A former Trump official's warnings about China's electric vehicle dominance reignite tensions,
Forbes Top 10 Richest People in the World 2025 And Their NET WORTH: Elon Musk reclaims the top spot on Forbes’ 2025 Billionaires List with a net worth of $342 billion, followed by Mark Zuckerberg and Jeff Bezos.
The Trump tariffs, which swept countries and sent shockwaves across global markets after being announced on April 2, have come at a cost to the world’s richest billionaires. Nine out of the top 10 billionaires who lost most wealth are from the US.
Elon Musk has an estimated net worth of $342 billion. His wealth grew by $147 billion over the past year. He was tailed by Meta boss Mark Zuckerberg, who stood second on the list with an estimated net worth of $216 billion.
Trump's 90-day tariff pause announcement sent the stock market rocketing and the world's wealthiest people added $304 billion to their combined net worth