Tensions between Donald Trump and Elon Musk have escalated into a public confrontation that has shaken both the political scene and financial markets. In a Friday interview with ABC News, the former U.S. President bluntly referred to the Tesla founder as “a man who has gone crazy,” adding that he had no interest in speaking with him.
“He wants to talk to me, but I don’t want to talk to him,” Trump said when asked about a reportedly planned phone call. According to Trump, while Elon was eager to speak, he himself had no intention of “wasting time on made-up nonsense.”
A Dispute That Reached the White House and the Stock Market
The public feud between the two has been heating up for days. After a series of sharp exchanges on platform X (formerly Twitter), aides from both sides reportedly tried to arrange a call to defuse the situation. However, the plan was abruptly scrapped.
The consequences came quickly – Tesla’s stock plunged more than 14% on Thursday, wiping out approximately $150 billion in market value. While shares briefly rebounded Friday morning amid speculation the two might reconcile, Trump’s public dismissal of the idea led to renewed losses.
A Relationship at Breaking Point
Trump and Musk have a long history of ups and downs – from strategic alliances to open hostility. Recently, their clash took on a more personal tone. Trump openly criticized Musk during an Oval Office press briefing, and Musk quickly fired back on X.
According to insiders, the relationship has become so toxic that any reconciliation seems unlikely for now.
“Elon Is Not Who He Used to Be,” Says Biographer
Renowned author Ashlee Vance, who published Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future in 2015, also weighed in on the fallout. Speaking on BBC Radio 4’s Friday segment, she recalled a very different Musk from years past.
“When I first met him, he was shy and introverted. Now, his public persona is a caricature,” Vance said. She noted that the clash with Trump didn’t surprise her: “Both men want the last word.”
According to Vance, the Trump–Musk relationship was always transactional rather than personal – each expected something from the other. While she didn’t rule out future reconciliation, for now, it appears that both Trump and Musk are committed to a public battle with no room for compromise.
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