Nassim Nicholas Taleb, a renowned Lebanese-American options trader and strategist, has expressed concern for the safety of Tesla Inc. CEO Elon Musk. Despite criticizing Musk’s personality, Taleb stated that he roots for him and prays for his safety.
Background
Taleb, known for his book “The Black Swan: The Impact of the Highly Improbable,” made the comments on a social media platform. He described Musk as “callous, insensitive, even extremely cruel (& non-nuanced),” but emphasized his support for the CEO.
The Trump-Musk Feud
The comments came amid an ongoing feud between Musk and President Donald Trump over the “Big Beautiful Bill,” a sweeping tax-and-spend package. Musk has been vocal in his criticism of the bill, calling it “a disgusting abomination.” Taleb has also spoken out against the bill, stating that it will “bankrupt America.”
Musk’s New Party
On Saturday, Musk announced the formation of a new third party called the “America Party.” Trump responded by calling the idea “ridiculous” and Musk “off the rails.”
Financial Impact
According to Bloomberg’s Billionaires Index, Musk’s current net worth stands at $346 billion, reflecting a $15.3 billion decline in the latest change and a $86.7 billion drop year-to-date. On Monday, Tesla shares dropped 6.79% to close at $293.94.
Market Analysis
Market analysts indicate that Tesla shows a short-term downward trend but maintains a solid upward trajectory over the medium and long term. While its growth ranking remains strong, its value score is relatively weaker.
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Disclaimer
This content was partially produced with the help of AI tools and was reviewed and published by editors.