Tesla's market capitalization plummeted by $152 billion, marking its biggest loss ever, following Elon Musk's ongoing criticism of Donald Trump’s recent spending bill. Musk, who previously served as an adviser to Trump and led the Department of Government Efficiency (DOGE), expressed disappointment over the bill, which he claims increases the deficit and undermines the work of the DOGE team. The legislation, supported by Trump, includes extending tax cuts, boosting border security, and rolling back clean energy tax credits, with a projected deficit increase of $3.8 trillion by 2034. Musk’s vocal opposition has coincided with a 5% decline in Tesla shares, despite a 22% rally in May. Musk has also escalated his rhetoric against Trump, calling the bill a “disgusting abomination” and threatening to primary lawmakers who support it. The political tension extends beyond Musk, as Trump recently signed a sweeping travel ban targeting 12 countries, which human rights groups condemn as racist and divisive, and has caused international reactions from Venezuela and Somalia. Meanwhile, Trump's administration is also involved in other controversial policies, including restrictions on foreign student visas at Harvard and efforts to deport migrants to Balkan countries. The political climate remains volatile, with Musk distancing himself from the Trump administration and criticizing its policies, while Trump continues to pursue aggressive immigration and foreign policy measures. The stock market reacts negatively to these developments, reflecting investor concerns over political instability and policy uncertainties.