The feud between Donald Trump and Elon Musk has intensified, with Trump suggesting that cutting Musk's government subsidies and contracts could save the US billions of dollars. Trump expressed his discontent on Truth Social, stating, "The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts." This move comes after Musk criticized Trump's tax and spending package, calling it a "disgusting abomination" ¹.

*Key Developments in the Feud:*

- *Tesla's Market Value Plummets*: Tesla's shares dropped 15%, wiping off over $150 billion from its market value, significantly impacting Musk's net worth.

- *Musk's Call for Trump's Impeachment*: Musk responded to Trump's threats by calling for the president's impeachment, questioning Trump's leadership and even hinting at Trump's alleged connection to the Epstein files.

- *Potential New Political Party*: Musk also sparked speculation about creating a new political party in America, seeking to represent the 80% in the middle, and asked his followers for their opinions on the matter.

This public spat has highlighted the deteriorating relationship between the two billionaires, with Trump's administration previously working closely with Musk on various initiatives ¹.