In a headline-grabbing clash that’s sending shockwaves through Wall Street and Washington alike, former President Donald Trump is severing ties with Tesla — and with Elon Musk.
🔥 The Trigger: A war of words exploded online Thursday, with Trump and Musk trading barbs, prompting Trump to announce he’s selling off his red Tesla Model S, purchased just months ago as a gesture of goodwill toward the tech mogul.
💬 “No plans to call Musk,” White House aides confirmed, as the rift grows deeper between the GOP frontrunner and the SpaceX CEO.
💸 What’s on the Line?
Donor Drama: Musk had reportedly pledged up to $100 million in support of Trump-aligned groups heading into the 2026 midterms. That’s now in jeopardy.
Contract Chaos: If Trump follows through on veiled threats, SpaceX and Tesla could lose billions in federal contracts.
NASA at Risk? Musk, in a now-deleted post, threatened to temporarily decommission Dragon, SpaceX’s spacecraft vital to International Space Station operations.
🚗 Trump’s Tesla Exit
Trump’s symbolic purchase of a Tesla in March was meant to signal alignment with innovation and Musk’s growing political influence. Now, he’s distancing himself—fast. The vehicle is reportedly already on the private resale market.
🗣️ Power Players Speak
Bill Ackman, hedge fund billionaire: “They should make up—for the good of the country.”
Elon Musk, on X: “You’re not wrong.”
🧠 The Big Picture
This isn’t just a spat between two billionaires. It’s a collision of tech, politics, money, and ego that could reshape campaign financing, government space policy, and public trust in both men.
📊 Markets are jittery. Washington is watching. And the 2026 election landscape just got more unpredictable.
👉 Stay tuned. This is far from over.