News & Insights

The fall of the Bromance

By Hazel Compton

6 Jun 2025

Company & Community Investment

As Gary Reynolds, Chief Investment Officer, predicted back in February, those who get too close to Trump are likely to face some risks to their own businesses.

After the fall out between President Trump and Elon Musk last night, Gary Reynolds had this to add:

“Elon Musk and President Trump could not occupy the same space for too long as one would eventually take the limelight and put the other in the shadows, and whenever that started to happen the bromance would collapse.

As I said previously, businesses that get too close to one government or another run high political risks, especially when their CEO actually joins the government.

Tesla is down -29.50% year to date – enough said?”

Tracking the actions of Trump and Tesla in the past few months:

Gary’s original article around Trump’s presidency:

Three ways President Trump’s affecting world and business politics

Comments on Trump’s presidency and his tariffs:

A property-mogul president should care about interest rates 

Understanding Trump’s Tariffs and The Art of The Deal

How the US (and UK) can build their economies in March:

Downfalls, impacts and stalls; how the US and UK can build their economies

Finally, the Mag 7 (which Tesla is part of):

The Magnificent Seven – Prospects for the Next Decade

As Gary said at the end of his article about Trump and The Art of the Deal: “The best thing we can do is fasten our seat belts, stay diversified and keep calm; exactly what we have done during each and every market sell-off over the last 43 years since Courtiers was founded.”

Hazel Compton Content Manager

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