$BTC Trump will sell Tesla amid a growing feud with Musk, putting billions at stake❗
President Trump is parting ways with his Tesla and has no intention of reconciling with Elon Musk, according to two White House officials on Friday. This move follows a public clash between the two powerful figures, with harsh words exchanged online and significant consequences ahead for both.
A White House source, speaking on condition of anonymity, confirmed that Trump intends to sell the red Tesla he purchased in March to signal his support for Musk during a previous controversy. Despite that gesture, officials say Trump has shown little interest in mending the relationship, even after Musk hinted at a possible step back.
On Thursday evening, Musk retracted his previous threat to immediately disable SpaceX's Dragon spacecraft, which serves NASA missions. Shortly after, billionaire Bill Ackman urged the two men to reconcile for the good of the country. Musk responded, “You’re not wrong,” leaving the door to peace slightly ajar.
The stakes are high for both. Musk's companies — particularly SpaceX — have received billions in federal contracts, and future deals could be compromised by the rift. Trump, for his part, risks losing a powerful donor. Musk has contributed about $275 million to Trump's 2024 campaign and had promised another $100 million to GOP groups before the 2026 midterm elections — money that now seems uncertain.