Core Viewpoint - The conflict between Elon Musk and Donald Trump highlights the clash of interests, values, and power dynamics in American politics and business, reflecting deeper societal divisions and potential risks for the capital market [3][12][13]. Group 1: Conflict Overview - The conflict was ignited by Trump's tax reform bill, which Musk criticized for cutting electric vehicle subsidies and increasing military spending, leading Musk to label it as a bill that could bankrupt America [3][6]. - Musk accused Trump of being ungrateful and hinted at Trump's connections to controversial figures, calling for Trump's impeachment [4][8]. - Trump retaliated by threatening to terminate government contracts with Musk's companies, including SpaceX, which could jeopardize U.S. manned space missions [6][11]. Group 2: Economic Impact - On June 5, Tesla's stock plummeted by 14.26%, resulting in a market value loss of $152 billion, dropping below $1 trillion for the first time [11]. - The tax reform's elimination of a $7,500 electric vehicle tax credit and the introduction of a $250 annual fee for existing owners directly threaten Tesla's market competitiveness [7][11]. - Trump's media company also saw an 8.04% decline in stock price, indicating market concerns over policy stability [11]. Group 3: Societal and Political Implications - The conflict illustrates a significant rift within the Republican Party, as Musk represents a tech-driven approach while Trump embodies traditional conservatism [12]. - The clash has intensified societal divisions, with the wealth gap widening under Trump's policies, and Musk's actions fueling public discontent towards government corruption [12][13]. - The situation signals a governance crisis, as Musk's reform attempts faced bureaucratic resistance, while Trump's short-term political strategies undermine long-term policy coherence [12][13].