Part 3/5:
Among the most severely affected companies is Nvidia, the chip manufacturer, which has seen a remarkable decline in its market value by $889 billion, accounting for a drop of 26.4%. The electric vehicle pioneer, Tesla—led by the high-profile entrepreneur Elon Musk—has faced even steeper proportional losses. The company’s valuation dropped nearly 40%, equating to approximately $509 billion in lost market value. This decline poses a striking irony, as Musk is identified as one of Trump’s foremost advisors and currently leads a new department aimed at government cost reductions, all while witnessing his own enterprise suffer profoundly under the administration's decisions.