Musk Accuses Trump of Epstein Ties, Tesla Stock Plummets

Elon Musk and Donald Trump's Public Feud: Accusations, Threats, and Market Fallout The ongoing conflict between tech mogul Elon Musk and former US President Donald Trump has taken a dramatic turn, with Musk publicly accusing Trump of involvement in the Jeffrey Epstein case. This accusation, made on June 5th, 2025, sent shockwaves through social media and financial markets. Musk's statement, "Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!" ignited a firestorm of controversy. Trump responded on his Truth Social platform, threatening to cancel government contracts with Musk, a move that could have significant financial repercussions for Musk's companies. The conflict highlights the deep political divisions in the US and the power wielded by influential figures in the public sphere. The fallout from this public spat includes a substantial drop in Tesla's stock price, representing a loss of over $100 million in a single day, according to NASDAQ data. The incident underscores the high stakes and potential consequences of public feuds between powerful individuals.