$USDC Donald Trump and Elon Musk, once allies, have turned their friendship into a bitter feud. Here's what's happening¹ ²:

- *The Fallout*: It started when Musk criticized Trump's "One Big Beautiful Bill," a proposed legislation that Musk believed would increase the federal deficit and undo his own cost-cutting efforts as an advisor to the Department of Government Efficiency. Trump responded by threatening to terminate government contracts and subsidies for Musk's companies, including Tesla and SpaceX.

- *Personal Attacks*: Musk accused Trump of having ties to disgraced financier Jeffrey Epstein, citing Trump's past association with him. Trump hasn't responded to this allegation directly but has attacked Musk's business interests.

- *Economic Threats*: Trump claimed he would cut off Tesla's government subsidies, which Musk responded to by implying he would decommission SpaceX's Dragon spacecraft.

- *Election Interference*: Musk also claimed that Trump wouldn't have won the election without his support, having spent $288 million to help elect him. Musk even suggested Trump should be impeached.

- *Public Insults*: Trump called Musk "wearing thin" and said he asked him to leave after taking away Tesla's EV mandate. Musk fired back with personal jabs and criticism of Trump's policies.

This public spat has led to significant financial losses for Tesla, with shares plunging over 14% and wiping out approximately $152 billion in market value. The feud highlights the complex relationship between these two influential figures and its potential implications for the tech industry and politics.