Tesla CEO Elon Musk has issued an apology to former President Donald Trump following a heated Twitter exchange and posting of controversial claims regarding Trump's alleged relationship with Jeffrey Epstein. The billionaire had initially criticized a GOP budget bill and made explosive statements about Trump's ties to the convicted sex offender Jeffrey Epstein. This move by Musk led to a significant drop in Tesla's stock price, which fell by 15% during the height of the controversy.
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Musk has since deleted the contentious tweets and expressed his regret, stating, "I regret those posts." His apology comes as Tesla prepares for a major robotaxi launch, which suggests that he may be seeking to quell any negative publicity that could impact the company's image or the success of the upcoming event. The online drama between the tech mogul and the politician has garnered widespread attention, highlighting the power and influence of social media in today's society.
This development showcases the volatile nature of public discourse and the potential impact it can have on not just individuals but also on financial markets and companies. The swift response from investors to Musk's tweets underscores the importance of carefully considering the content shared by public figures, especially when it involves sensitive topics that can sway public opinion and affect business interests.