Summary
Elon Musk distanced himself from Trump’s tariff policy, criticizing Commerce Secretary Howard Lutnick and trade adviser Peter Navarro.
CNBC reported Musk lost over $30bn since the tariffs were announced, amid stock market volatility and falling futures.
That financial hit may explain his sharp jabs at officials defending the policy. Musk advocated for a U.S.–EU “zero tariff” trade zone, diverging from Trump’s approach.
Meanwhile, protests against Musk and Trump escalated, and Musk’s political spending failed to sway key elections.
Their lack of solidarity won’t save them from the deluge.
“On the 31st floor, a gold plated door won’t keep out the Lord’s burning rain.”