Musk and Trump have been in a fierce dispute recently. The two big shots have publicly split, attacking each other vigorously. Trump said in the White House that he is 'very disappointed' in Musk and hinted at terminating government subsidies and contracts for Musk's company. Musk responded more harshly, saying he wants to impeach Trump and have Vice President Vance take over, and also revealed that Trump has ties to Epstein.
Why did they fall out? It is because of a bill called 'Big and Beautiful.' Musk strongly opposes this bill, calling it a 'disgusting monster' that would exacerbate the fiscal deficit. Trump argued that Musk's opposition is because the bill would cut electric vehicle subsidies, which directly affects Tesla's interests. The two have been arguing fiercely on the X platform.
However, today there was a turnaround. Hedge fund mogul Bill Ackman posted urging the two to reconcile, saying, 'I support Trump and I support Musk. For the sake of our great nation's interests, they should coexist peacefully. We are stronger together than apart.' Musk responded with a 'laugh-cry' emoji, and then DogeDesigner posted on the X platform saying that Musk agrees with Ackman's view and believes they should reconcile for the sake of national interests.
This public quarrel has already affected the market. Tesla's stock price plummeted by 14%, wiping out $153 billion in market value. The meme coin (Trump doge) associated with Trump and Musk also depreciated. 😂#特朗普马斯克分歧
