Part 6/9:
Adding to the turbulence are external political dynamics; President Trump recently stated he does not intend to dismantle Musk’s businesses through the removal of subsidies, despite ongoing tensions. Trump's remarks, aimed at calming business fears, contrast sharply with the operational downturn and investor reality, suggesting that Musk must navigate a complex landscape of political pressures and market expectations.
Notably, Musk also faced setbacks with SpaceX's Starlink service encountering a global outage, compounding his challenges. Musk's personal wealth, heavily tied to Tesla’s stock value, is under pressure. The company's struggles have broader implications for Musk's influence and the tech sector’s health.