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Trump denies wanting to destroy Elon Musk’s companies as Tesla shares plunge

Tesla Chief Finance Manager Vaibhav Gija said on Wednesday, Trump’s financial package in the energy business, especially in the housing warehouse, especially due to the early end of consumer tax loans, “certain negative effects”, he said.

“The challenges of the storage business continue to remain from both the bill and the tariffs and we do our best to try and manage it. But this – we will see the changes in demand and profitability,” he said.

Tesla shares fell sharply after the company’s last results.Credit: Bloomberg

Tanfs, in the second quarter of the company’s automotive and energy enterprises costs about $ 300 million ($ 454 million) and costs are expected to increase in the coming quarters.

In May, Musk resigned from his post to the government, in which the Trump government had controlled the cost of cost to return to its companies with many connections to the US government.

SpaceX is an important government contractor with both the national aviation and the space administration and the US army. Tesla, who announced a large part of Musk’s reserve, has benefited from a tax loan of $ 7500 for home buyers and the sale of regulatory loans purchased by competitor automobile manufacturers to comply with the federal tail pipe emissions and fuel economy standards.

TUMP’s financial package signed the law on 4 July. He has eliminated civilian penalties that automobile manufacturers should pay to regulators who control the US fuel economy requirements.

During the disputes, NASA threatened to remove the Dragon of SpaceX, a vital capsule that NASA used to send astronauts and materials to the international space station.

Musk later withdrew the threat and continues to start SpaceX Dragon vehicles.

The Trump-Musk Blood Case has been intensely personalized at the summit, the claim that Trump’s name about the world’s richest man X is late, the infamous financial and sex criminal Jeffrey Epstein and the White House appeared in the files that he covered with him.

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Trump had a new importance, as some of his supporters, who said that the presidency had returned to the oath of transparency, had been controversial about the Epstein documents that had provoked the wrath of the wrath.

While a republican -led parliamentary committee was doing Epstein’s convicted criminal partner Ghislaine Maxwell on Wednesday to testify next month, Wall Street Journal The Chief Public Prosecutor said that Pam Bondi informed the President at a meeting in the White House and informed him that his name was in Epstein files ”and“ many other high profile figures ”.

“This is nothing more than the continuation of the fake news stories made up by Democrats and Liberal Media, Ste the White House Communication Director Steven Cheung said. Magazine report.

Bloomberg

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