US Markets Wipe Out $4 Trillion | Musk Admits Struggle Juggling Tesla, Trump Ties | The World Report
US Stock Market | U.S. stock markets cratered on Monday, with investors fearful that the economy could be headed into a recession. Why is this a big deal? this could put new pressures on consumer confidence and the Trump administration, all just days ahead of a possible government shutdown. In another development, Tesla CEO Elon Musk admitted struggling to balance his Tesla leadership and role in the Trump administration as Tesla shares dropped 15%, wiping out $130 billion in market value. Investors fear Musk’s involvement in Trump’s government is impacting his business focus. The sharp decline erased gains from Tesla’s post-election rally. Watch The World Report for the latest updates.
