US President Donald Trump (R) billionaire businessman Alan Musk (L)
Donald Trump and Elon Musk Tensions: US President Donald Trump and billionaire businessman Alan Musk was once famous for his friendship. Trump and Musk’s friendship was quite deep but now the time has completely changed. The situation is that both are attacking each other on public forums. The entire controversy includes personal attacks, political threats and financial loss of billions of dollars to Tesla.
When did Trump and Musk’s friendship climb
Trump and Musk’s friendship rose when Trump was attempted in Pennsylvania in July 2024. Musk then announced his full support to Republican candidate Donald Trump. A few minutes after this incident, Musk wrote on X, “I fully support President Trump and wish him to be quickly healthy.” After this, he joined the election campaign with Trump and started giving the slogan of Make America Great Again.
Musk praises Trump
Over time, Trump and Musk’s friendship became stronger. After the swearing in by Trump, Musk was appointed as an unpaid presidential advisor under the “Special Government Employees” category. On January 20, Trump sat on the president’s chair and then in February, Musk wrote on ‘X’ for the Republican President, “I love @Realdonaldtrump as much as a straight man can do to another man.”
US President Donald Trump (R) billionaire businessman Alan Musk (L)
Trump praised Musk
In the early days of the Trump administration, Tesla’s CEO became the most public face of the Government Efficiency Department (DOGE). Taking major decisions, Trump carried forward aggressive cost-cutting reforms. At his last Oval Office Press Conference on 31 May, Trump praised Musk, saying “one of the greatest trading leaders in the world”. It can also be called the last moment of harmony between Trump and Musk.
Crack started appearing in friendship
Till now the Musk had resigned from the Department of Government Efficiency (DOGE). There was a rift in friendship. After resigning from DOGE, Musk criticized the “One Big Beautiful Bill” of Trump administration on several occasions. Musk even said that this would increase the federal deficit and damage the efforts of the dog. On June 3, Musk posted it in protest against the bill on ‘X’ and described it as derogatory.
What happened on 5 June?
After this, on June 5, the dispute came to the surface when Trump accused Musk of trying to thwart the bill for removing the electric vehicle tax credit. Trump told reporters, “Alan and me had very good relations. I don’t know whether our relations would be good or not.” He said, “I am very disappointed with Allen. He knew every aspect of this bill. He knew it better than anyone and he did not have any problem until he left.” Musk rejected Trump’s talk, making an online counter -attack.
US President Donald Trump (R) billionaire businessman Alan Musk (L)
What happened on 6 June?
Musk said on 6 June, “This bill was not shown to me even once and was passed so fast in the darkness of the night that almost no one in the Congress could read it!” However, on the same day the crack deepened individually when Musk said that Trump’s infamous financer is related to Jeffrey Epstein. “Trump’s name is in Epstein’s files. This is the real reason that he has not been made public.”
Musk supports JD Vance
Musk also posted a pole on X whether he should start a new political party for “80% of the middle class”. Musk then proceeded to support Trump’s demand for impeachment and replaced JD Vance. He also warned that Trump’s global tariff “would cause recession in the second half of this year.”
Tesla’s shares decline
Donald Trump in response on June 6 threatened to abolish government contracts and subsidies for Musk’s companies. Trump wrote on Truth Social, “I have no objection to Allen’s going against me, but he should have done this months ago.” This was followed by a decline of Tesla by more than 14%, causing a loss of about $ 152 billion in the market value and a loss of $ 8.73 billion in Musk’s personal assets.
Trump defends the bill
Donald Trump defended the bill, stating that it is “one of the greatest bills ever presented before the Congress,” he warned that there would be a “tax increase of 68 percent” if it is not passed. Trump even said, “Alan was diluted, I asked him to go, I snatched his EV mandate … and he went mad.” “The easiest way to save money in our budget … Alan’s government subsidies and contracts are to end the contracts,” Trump said.
https://www.youtube.com/watch?v=ga3xbtcak-y
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