#TrumpVsMusk Tensions Rise Between Trump and Elon Musk

Former President Donald Trump says he asked Elon Musk to leave a recent event, adding that the Tesla CEO "just went crazy" afterward. Trump also suggested that cutting off Elon’s government contracts and subsidies could be a quick way to save taxpayer money.

In response, Elon Musk fired back, claiming Trump is mentioned in the unreleased Epstein files — suggesting that’s why they haven’t been made public.

The feud is making waves on Wall Street. Tesla stock ($TSLA) dropped 14% as the back-and-forth intensified.

Despite the clash, Trump said he’s unbothered by Musk turning against him. He also warned of a potential 68% tax hike if certain legislation doesn’t pass.

Meanwhile, Elon Musk said Trump’s proposed tariffs could trigger a recession later this year, and he agreed with calls to impeach Trump — suggesting JD Vance as a replacement.

📉 In related market news, over $285 million was liquidated from the crypto market in just the past hour.