Trump and Musk’s Big Fight

U.S. President Donald Trump and Elon Musk, who were once close, are now having a serious conflict. A White House worker said on Friday that Trump no longer wants to speak with Musk. This disagreement started after Musk spoke badly about Trump’s new plan to cut taxes.

Trump told CNN he is focused on other things and said Musk “has a problem.” He also said he might sell his Tesla car because of what Musk said. The fight got worse when Trump said he may stop government support for Musk’s companies, including SpaceX.

Tesla’s value dropped a lot on Thursday, losing about $150 billion, but it rose a little on Friday. Musk once helped with Trump’s 2024 campaign and was working to reduce spending, but he quit that role last week. After that, he said Trump’s new money plan was “disgusting” and would increase national debt.

Trump, who had praised Musk only a week earlier, now says he is “very disappointed.” They argued online, and Musk claimed Trump needed him to win. This fight might hurt the Republican Party before the elections next year, especially if Musk stops giving money. Musk is also facing protests at Tesla because of his recent choices.

Trump and Musk’s Public Feud Shakes U.S. Politics and Markets

President Donald Trump and Elon Musk are no longer on friendly terms. A White House official said on Friday that Trump does not plan to talk to Musk again. Their feud started when Musk spoke out against Trump’s new tax-cut plan.

Even though people thought a call might happen, the White House confirmed there won’t be one. Trump told CNN that Musk “has a problem” and said he might even sell his Tesla car because of Musk’s comments. The argument became more serious when Trump said he might cancel U.S. contracts with Musk’s companies, including SpaceX and Starlink.

Tesla’s stock price fell 14% on Thursday, dropping about $150 billion in value. It rose a little on Friday. Musk had helped Trump’s 2024 campaign and worked for the government to reduce spending, but he left that job last week. He later called Trump’s new plan a “disgusting abomination” that could add a lot of debt to the country.

Just a week ago, Trump was praising Musk. Now, he says he is very unhappy with him. The two men argued online, with Musk saying Trump needed his help to win. He also shared a post saying Trump should be removed from office. This fight could hurt the Republican Party before the next election, especially if Musk stops giving money. Musk is also facing protests at Tesla, which could lower sales.

Trump and Musk’s Public Feud Shakes U.S. Politics and Markets

U.S. President Donald Trump has stopped all contact with Elon Musk, according to a White House official on Friday. This marks a clear schism between the two former allies. The conflict began when Musk strongly opposed Trump’s new tax plan, which includes many spending changes.

Although there were rumors about a phone call, the White House confirmed no such conversation is planned. Trump told CNN that Musk “has a problem” and said he is focused on other matters. He may even sell his Tesla car, bought earlier this year, because of Musk’s recent criticisms. The situation worsened on Thursday when Trump said he might cancel government deals with Musk’s companies, such as SpaceX and Starlink.

The news caused Tesla’s stock to fall sharply, losing 14% or about $150 billion on Thursday. It recovered slightly on Friday. Musk had supported Trump’s 2024 campaign and worked briefly in a government role to cut federal spending. But after resigning, he called Trump’s new bill a “disgusting abomination” that might raise the U.S. debt by $2.4 trillion over 10 years.

Just a week earlier, Trump had praised Musk. Now, he says he is “very disappointed.” The argument continued on social media. Musk said Trump needed him to win and even supported a post saying Trump should be removed from office. This public fight could split the Republican Party before the next election. Musk might stop donating money, which would hurt Trump’s campaign. He is also facing growing protests inside Tesla over his political actions, which could hurt the company’s image and profits.

There may still be a chance to fix the relationship. Musk replied kindly to a message from investor Bill Ackman, who asked both men to make peace. But for now, their tensions remain strong.