This partnership was not great for his wallet: Here is the surprising change in Elon Musk's net assets in the first 100 days of Trumps

The billionaire Elon Musk quickly claimed that the criticism of his public image and that of his electric vehicle company Tesla since he supported Donald Trump for the president and played an outstanding role in his administration unfair and unjustified.

The demand for Tesla vehicles worldwide is taking back on the EV market due to the orientation of Musk with extreme right movements and a stronger competition.

Tesla's climb as a musk and Trump joined together

When Musk took a closer look at Trump, he was rewarded after he had effectively approved the governor of Florida, Ron Desantis. Compared to the price a year ago, the Tesla share price increases by 58.1%.

Musk approved Donald Trump on July 13, 2025, and when the two billionaires joined, Tesla was rewarded in the commercial markets. Between public confirmation of the GOP 71 percent or around 178 US dollars. This growth brought Musk's fortune and led him to describe by Forbes as the richest person in the world.

However, when the Trump government came to work, with Musk as a key figure among the president's consultants, Tesla's picture began to suffer. Although a large part of the public had awareness of Elon Musk, his role in reducing the financing of the USA and other federal authorities, the victory on the day of the inauguration and the support of a president who was withdrawn from the Paris climate agreement, was his death in the eyes of potential customers.

The loss of value observed by Tesla took place before the announcement of widespread tariffs from the White House, which included a fee of 145 percent for Chinese imports. Musk said he tried to convince President Trump that tariffs were not the right step, but he was inferior in numbers. Tesla has stopped taking two orders for models in the USA in China, since the retaliation tariffs raised by Beijing do not make them competitive on the market. Since the end of March, Tesla's share price is $ 280Although it was seen in the days after the announcement of the tariffs.

Musk wants to calm investors

In the announcement of the company's income in the first quarter, Musk insured the investors and stakeholders that he would devote himself to the company in more detail in May. In addition, the reports show that it was not a vehicle production and deliveries that the company kept profitably, but rather the income from carbon loans bought by other companies. As Jameson Dow noticed by Eletrek, the fact that Musk opened his reputation with investors opened up.

Now that Musk is preparing to trace his work in the Trump administration, he returns to a company whose image was deeply damaged by his actions.

Over the weekend, Musk informed a video about X, in which he claimed that he had preferred to build things about politics. “I hate politics,” Musk told a nameless crowd and argued that he “had no choice” because “the missions are so high”.

This argument will be that the billionaire must convince investors that Tesla is still a sustainable company that progresses. Which shows that Musk's worldview was either considered that his work for the administration could create such dramatic consequences for Tesla, or he knew it, and he still took the risk. Bloomberg reported that the first 100 days of the Trump administration Muschus cost a quarter of his assets. Nevertheless, these losses came after large winnings, which Tesla's share price achieved in 2024.

Tesla's climb as a musk and Trump joined together

When Musk took a closer look at Trump, he was rewarded after he had effectively approved the governor of Florida, Ron Desantis. Compared to the price a year ago, two months before he officially approved the now on July 13th, he officially approvedTesla's share price rose by 58.1%.

Between public confirmation of the GOP 71 percent or around 178 US dollars.

When the Trump administration with Musk came to work as a key figure among the presidents' advisors, Tesla's image began to suffer. Reasures to USAID who supports a president who has withdrawn from the Paris climate agreement are the victory on the hail on the inauguration day, which triggered the rapid drop in prices. When President Trump had Rejected Musk advice to refrain from taking on tariffs to many of Tesla's critical production and trading partnersThe EV company was in trouble. Since the announcement of mutual tariffs from the Rose Garden on April 2, the value of the stock has remained more or less the same. Tesla faces a sales problem of two sources, Musk's image and tariffs, and and Could paint a darker picture of the future of the company if they become unsolved.

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