

Elon Musk's hundred days alongside Donald Trump at the White House were a hundred days of loss. Financial first, as his wealth has dwindled with Trumpism: The businessman's fortune, which had reached the extravagant record of $486 billion in December 2024, according to Bloomberg estimates, fell to around $335 billion, although post-election gains persisted ($73 billion).
Industrial next, with the decline of Tesla, his car brand. Sales dropped by 20% in the first quarter, as profits were cut by a third, due to competition and consumer disaffection with a manufacturer led by a libertarian who drifted to the far right. "Brand damage has been global," said Wedbush Securities star analyst Dan Ives.
Moral as well, with a Nazi salute that Musk claims was not one. Such behavior is unacceptable for an advisor to the president of the United States. At the same time, Musk tarnished his aura as a performance genius: As head of the Department of Government Efficiency (DOGE), he may have succeeded in making the budget of the United States Agency for International Development (USAID) appear to be the main federal expense before most of its programs were cut, but he has continually scaled back his ambitions. The promised budget savings went from $2 trillion to $1 trillion, ending up at around $160 billion, as mentioned on the DOGE website.
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