#TrumpVsMusk
The feud between Donald Trump and Elon Musk has$ escalated, with Trump ditching his Tesla Model S, reportedly due to disagreements over Trump's economic policies. Here's what's happening ¹ ²:
- *The Fallout*: Musk criticized Trump's "Big Beautiful Bill," calling it a "disgusting abomination" that would increase the federal deficit. Trump retaliated, saying Musk was "wearing thin" and had "gone CRAZY" after Trump revoked certain policies benefiting Tesla.
- *Business Implications*: Musk's companies, including SpaceX, have billions of dollars in federal contracts at stake. If Trump follows through on his threats to cut these deals, Musk could face significant losses. Specifically, SpaceX's $22 billion worth of deals hangs in the balance.
- *Personal Stakes*: Musk donated an estimated $275 million to Trump's 2024 election campaign and pledged another $100 million to pro-Trump efforts. Trump now seems unwilling to reciprocate, refusing to talk to Musk despite attempts at reconciliation.
- *Public Jabs*: Musk accused Trump of being mentioned in the Jeffrey Epstein files, a claim Trump hasn't directly addressed. The feud has played out on social media, with both sides exchanging insults and threats.
- *Potential Consequences*: The public feud could have broader implications for both Trump and Musk, particularly with Trump's re-election cycle approaching and Musk's influence over tech and space policy. Tesla's stock price has been volatile, dropping 14% in one session after the feud intensified.
