CEOs had said they’d speak out against Trump if stocks sink 20%. After the latest meltdown, they’re still silent but may be ready to act

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CEOs had said they’d speak out against Trump if stocks sink 20%. After the latest meltdown, they’re still silent but may be ready to act - Fortune

Quick Summary:

Elon Musk said Saturday he hopes for a "zero-tariff" system between the US and Europe that would create "a free-trade zone".

Still, the two-day stock rout after "Liberation Day" wiped out $6 trillion in market cap and marked the worst meltdown since the early days of the COVID-19 pandemic in 2020.

And earlier on Saturday, Musk belittled White House official Peter Navarro, who was reportedly a key figure on the tariff policy, suggesting on X that his Harvard degree is "a bad thing" and that he has never built anything.