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Elon Musk Stays Quiet On Tariffs As Tesla Nosedive Continues

  • President Trump's announcement of broad-based tariffs triggered global market turmoil on Wednesday evening.
  • Trump's new tariffs program, a key policy, imposed levies on countries and penalized trade imbalances.
  • The ensuing financial chaos saw investors panic, with the S&P 500 losing $2.4 trillion in value.
  • Dan Ives stated via email to Forbes that tariffs were a 'debacle of epic proportions'.
  • The tariffs negatively impacted tech billionaires, including Elon Musk, whose wealth decreased significantly.
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  • 36% of the sources lean Left, 36% of the sources are Center
36% Center
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Bloomberg broke the news in United States on Thursday, April 3, 2025.
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