According to The Kobeissi Letter on Twitter, President Trump stated that the 'easiest way to save money is to terminate Elon's governmental subsidies and contracts,' directly targeting Elon Musk and his companies. Trump further mentioned that Musk was 'wearing thin' and claimed to have 'asked him to leave' before Musk 'went crazy' (source: The Kobeissi Letter, June 5, 2025). This announcement could have immediate trading implications for Tesla stock, which relies on government contracts and subsidies for innovation and growth. Any disruption in Tesla’s funding could affect investor sentiment and lead to increased volatility in related crypto assets, such as tokenized Tesla shares and AI-focused cryptocurrencies, given the close ties between Tesla, artificial intelligence development, and the broader crypto ecosystem.