Currently (early June 2025), the relationship between Donald Trump and Elon Musk is witnessing:

Current Situation Summary:

A public dispute over a bill: The latest disagreement erupted due to Elon Musk's strong criticism of a beautiful and grand bill proposed by Trump, which relates to tax cuts and spending. Musk described this bill as a disgusting and shameful act and a "bankruptcy for America," considering that it would significantly increase the federal deficit.

Exchange of accusations and threats

Trump's Threats: Trump angrily responded to Musk's criticisms, threatening to cut off subsidies and government contracts for Elon that benefit companies like Tesla and SpaceX. Trump also claimed that he "asked him to leave his administration because Musk had gone crazy!.

Musk's Response: Musk sharply responded, claiming that Trump would not have won the elections without his help, and accused Trump of "ingratitude." Musk also made a controversial claim without evidence that Trump's name is mentioned in Jeffrey Epstein's files.

Impact: This dispute led to a significant drop in Tesla's shares, reflecting investors' concerns about the potential harm to Musk's companies from any government actions.

Musk's Departure from the Administration: This deterioration came shortly after Trump publicly bid farewell to Musk in the Oval Office in late May 2025, praising Musk and his role in the government efficiency management (DOGE) led by Musk, despite the public farewell.