Historically, Trump's negative comments towards specific companies or individuals have led to a decline in their stock prices. In this case, his statement about terminating Elon Musk's government subsidies and contracts could lead to a decrease in investor confidence in Tesla and other related companies. This could have a ripple effect on the entire tech and automotive industries, potentially causing market volatility. Additionally, Trump's criticism of the Biden administration's decision not to terminate these subsidies and contracts may also impact the broader market, as it could be perceived as a sign of increased regulatory scrutiny and uncertainty. Overall, Trump's statement is likely to have a negative impact on the stock market, particularly for companies with significant government contracts or subsidies.