Donald Trump calls Elon Musk 'master bullshit'

Donald Trump

has attacked

for the first time, just as the businessman faces legal proceedings for his attempt to back out of his Twitter purchase that could theoretically force him to acquire the company for $44 billion. €43.2 billion).

The former US president has declared that Musk is "

" at a rally in Alaska in support of former state governor Sarah Palin's candidacy for Congress.

According to Trump, Musk had privately told him that he voted for him in 2016, while publicly

.

With his words, Trump is making firewood from the fallen tree of Musk's attempt to buy Twitter.

But he also shows the businessman that entering politics is not free.

In recent months, Musk has gone from being a Democrat to a Republican and giving his opinion on all sorts of issues, while - and therein lies the point - showing his sympathy in the 2024 election for Florida Governor

, who is Trump's only rival for the Republican Party's presidential nomination.

So far, 'trumpism' has supported Musk.

But, if he continues to make public political demonstrations, he runs the risk of getting fully involved in the multiple internal struggles of the Republican Party.

Meanwhile, those who have the most to gain are Tesla shareholders.

Without the pressure of Twitter's purchase on its chief executive, Elon Musk, the electric car maker's stock

.

And, with Musk's smears against Twitter, and the possibility of a sale of the company, the shares of the social network could fall between 20% and 55%.

The estimates of the possible movements of the stock correspond to the estimates of different analysts surveyed over the weekend by the financial magazine

.

Musk has denied that the Twitter purchase sucked his attention span.

On May 19, he tweeted that "I'm spending less than 5% of my time on Twitter shopping. It's not that complicated!"

But the market does not believe him.

Since the social network purchase agreement was signed on April 14,

.

In that period, the NASDAQ - the stock exchange on which the company is listed - has dropped only 20%.

The other two big US automakers, General Motors and Ford, have given up 25% and 30%, respectively, despite always having less investor support than Tesla.

The collapse of Musk's company is even more spectacular if one takes into account that in that time the company has presented results 45% better than expected by the market.

But what is good news for Tesla is very bad news for Twitter.

Despite its popularity among 'talkers' around the world, the blue bird's social network

.

So the possibility of selling with a capital gain of 50% was something that, without a doubt, encouraged investors.

Now, that escape route has fallen.

And Twitter is facing a future without a business model, with Musk attacking it day and night (with made-up excuses, but which resonate with the businessman's 'fanboys'), and a contraction of the Internet advertising market.

Conforms to The Trust Project criteria

Know more

• Twitter

• Elon Musk

• Internet

• markets

• Electric cars

• donald trump

• Tesla Motors