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June 5, 2025investigationpolitical accountabilitymedia literacyfinancial marketspolitical accountabilitymediaexecutive power

Musk Claims Trump Appears in Sealed Epstein Files, Tesla Stock Drops 14%

Elon Musk publicly claimed on X that President Trump appears in sealed Jeffrey Epstein documents, escalating his public feud with the administration after breaking over the reconciliation bill. The claim sent Tesla stock down approximately 14 percent in a single trading session. The White House denied the allegation and Trump threatened legal action against Musk; Musk did not produce evidence for the claim.