BiyaPay analyst: The fallout between Musk and Trump causes market turbulence, TSL market capitalization big dump of 150 billion USD.

BlockBeats News, on June 7, the relationship between Musk and U.S. President Trump broke completely, and the two sides recently scolded each other on social platforms. Musk said that “Trump would not be president at all if it weren’t for himself”, and Trump countered that Musk “has gone crazy”. The fuse of this contradiction is that Musk openly opposes the “big and beautiful bill” proposed by the Trump administration, and said that the bill will increase the fiscal deficit, especially the reduction of electric vehicle tax credits, which is extremely bad for Tesla. As the relationship between the two became public, Tesla’s stock price became the biggest victim of the market, and investors sold off the stock as they worried about Tesla’s future prospects. On June 5, Tesla’s stock price fell more than 17% at one point during the session, and finally closed down more than 14%, wiping more than $150 billion from its market value. This incident caught the attention of BiyaPay users, who reacted quickly by exchanging USDT for USD through the platform, and then taking advantage of the sharp drop in Tesla’s stock price to short Tesla, allowing investors to make quick decisions in a volatile market and earn good returns. With BiyaPay, users can easily convert USDT to USD and trade U.S. stocks directly on the platform, including short selling of popular stocks such as Tesla, without the need for an offshore account. The sharp drop in Tesla’s share price has provided an ideal profit opportunity for many BiyaPay users, and some of them have managed to earn great returns by taking advantage of this opportunity. This also proves that under the influence of political and market fluctuations, the convenient transaction services and liquidity support provided by the BiyaPay platform can help users make profits by reacting quickly at critical moments. As more investors participate in the trading of the U.S. stock market through BiyaPay, the platform provides users around the world with more diversified and flexible investment options.