In June 2025, the alliance between President Donald Trump and Elon Musk imploded over Trump’s “Big, Beautiful Bill,” a massive tax-and-spending package. Musk, recently departed from his role as a special government advisor, criticized the bill as a “disgusting abomination” for adding trillions to the U.S. deficit. Trump retaliated, accusing Musk of going “CRAZY” after the bill cut electric vehicle subsidies, impacting Tesla. The feud escalated on social media, with Trump threatening to terminate Musk’s government contracts and Musk claiming Trump’s name appeared in unreleased Epstein files. Musk also asserted he was pivotal to Trump’s 2024 election victory. The public spat, marked by personal insults, led to a 14% plunge in Tesla’s stock, erasing $150 billion in value. A call was scheduled for June 6 to ease tensions, highlighting their fractured relationship.
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