#TrumpVsMusk The feud between Donald Trump and Elon Musk started after Musk criticized Trump's "One Big Beautiful Bill Act" and exited the second Trump administration. Here's what's happening:
- *The Disagreement*: Musk, who led the Department of Government Efficiency (DOGE) in Trump's administration, criticized the bill for increasing the national debt and undermining DOGE's work. Trump responded by saying Musk "lost his mind".
- *Public Insults*: The feud escalated with both sides exchanging public insults. Musk accused Trump of being present in government files on Jeffrey Epstein, while Trump threatened to cut Musk's government contracts and investigate his immigration status.
- *Potential Consequences*: The dispute has risked $100 million in political donations to Trump-affiliated organizations and threatened a $5 billion debt sale for Musk's xAI. Tesla's stock price also took a hit, with a significant drop on the day of the feud's escalation.
- *Current Status*: The situation seems to have cooled down slightly, with both sides seemingly moving on. Trump has considered selling the Tesla Model S he received from Musk, and Musk has apologized for some of his posts about Trump.
*Key Players' Reactions:*
- *Steve Bannon*: Encouraged Trump to cancel Musk's federal contracts and investigate his immigration status.
- *JD Vance*: Stated that he will always stand by Trump's side and that Musk made a huge mistake.
- *Russian Officials*: Dmitry Medvedev joked about brokering a truce between Musk and Trump, while Dmitry Novikov said Russia could offer Musk political asylum