Wall Street Analyst: If the "Stablecoin Turf War" escalates further, the ultimate winner will be Trump

BlockBeats News, June 6th: Tesla suffered a sharp drop last night, triggering criticism from Wall Street analysts towards the stock and Musk.

Among them, Adam Sarhan, CEO of 50 Park Investments, believes: "Obviously Musk and Trump are no longer aligned. We don't know what consequences this will bring, which is the reason for the sell-off. There will be no clear solution to this situation. If things escalate, ultimately Trump will prevail, and the impact on Tesla's stock price is still uncertain. I think it could indeed harm Tesla's earnings. Investing in Tesla now is purely speculative. Even with the stock price drop, Tesla's valuation is still on the high side."

Wayne Kaufman, Chief Market Analyst at Phoenix Financial Services, commented, "For Tesla, what's particularly difficult is that you can't separate the company's value from him (Musk). Tesla's value is closely linked to Musk. When he is seen as a visionary, the stock price soars; when he is embroiled in controversy, the stock price collapses. Now Musk has become the problem himself, so the sharp drop in the stock price is not surprising." (Wall Street News)