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ABC News Daily

ABC News Daily

News:Daily News

How Trump’s tariffs are costing Elon Musk

How Trump’s tariffs are costing Elon Musk

2025-04-10
Download Right click and do "save link as"

US tariffs have caused Trump-supporting billionaires to lose big in market turmoil, but none more so than Elon Musk, whose net worth has shrunk by $130 billion this year. 

Now, open feuding with another advisor in the Trump administration over tariff policy could mark a shift in Musk’s relationship with the White House.

But when Musk’s time leading the Department of Government Efficiency is over, will it have been worth it?

Today, Wired reporter Vittoria Elliot on what comes next for the world’s richest man. 

Featured: 

Vittoria Elliot, Wired reporter

view more

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