Trump Plans to Sell His Tesla Following Fallout With Elon Musk, Confirms White House
High-Stakes Clash Sparks Political and Financial Turmoil
Washington D.C. – President Donald Trump is reportedly preparing to sell his Tesla vehicle amidst growing tensions with tech billionaire Elon Musk, senior White House officials revealed on Friday. The move signals a deepening rift between the two high-profile personalities whose recent war of words has sent ripples through both political and business circles.
Sources close to the administration, who requested anonymity, confirmed that Trump intends to offload the red Tesla he purchased earlier this year in March — a gesture initially meant to express solidarity with Musk. At the time, Musk had been under scrutiny for his perceived political alignment with the Trump camp. But now, insiders claim the president has no further interest in maintaining ties with the SpaceX and Tesla CEO.
The feud escalated earlier this week after Musk threatened to pull the plug on SpaceX’s Dragon missions — a key component of NASA’s transport program. Although Musk eventually softened his stance, the friction caught public and investor attention. Billionaire financier Bill Ackman even stepped in, urging reconciliation “for the good of the nation.” Musk’s response: “You’re not wrong,” hinted at possible regret, but the damage may already be done.
This standoff may prove costly for both. Musk’s companies, especially SpaceX, are heavily dependent on U.S. government contracts worth billions. Trump, in response to recent developments, is now said to be considering a review of those agreements — a decision that could severely impact Musk’s operations.
On the political front, Trump may also feel the heat. Elon Musk played a key financial role in Trump’s 2024 election efforts, donating close to $275 million, and had committed a further $100 million ahead of the 2026 midterm races. With tensions boiling, these funds are now at risk — a blow to Trump's future campaign machinery.