President Donald Trump and the alliance of several months of Elon Musk implodged spectacular fashion Thursday as a richest man in the world and his most powerful engaged in a villain and harming the public on their respective social media platforms – months just after the two formed such a narrow friendship that Musk sometimes slept in the White House.
President Donald Trump speaks during a press conference with Elon Musk in the oval office of the … More
AFP via Getty ImagesMusk pointed out that he was willing to defuse his fight with Trump after the billionaire of the hedge fund Bill Ackman – who is both a Trump supporter and a musk ally –tweeted That the two “should make peace for the benefit of our big country … We are much stronger together than separate.” Musk replied: “You are not mistaken.”
Trump has not yet commented on Musk’s last opening, but Politico reported that the White House officials were working behind the scenes to “persuade the president to temper his Musk public critic to avoid climbing”, and they planned a call on Friday with Musk to “the peace broker”.
Despite this, however, the billionaire has still not avoided attacking other presidents of the president, including Steve Bannon, tweet: “Bannon is a peak delay.”
Musk seemed to go back to his threat of downgrading the SpaceX Dragon Space Space Expensive after a follower urged him not to do so, which prompted the billionaire to answer “Good advice. OK, we don’t demonstrate Dragon.”
Musk, who previously disagreement With Trump’s controversial tariff policies but have been mainly reserved in his criticism in recent months, said the prices trigger a recession in the second half of the year.
Musk approved The suggestion of a user according to which Trump is dismissed, writing “yes” in response to an X user who wrote “the president against Elon. Who wins? My money is on Elon … Trump should be dismissed and JD Vance should replace him. ”
Musk said he would spread the SpaceX dragon spacecraft used by NASA to transport astronauts to the international space station.
Musk alleged On X, without proof, the reason why the White House has not yet completely released the “Epstein files” detailing the FBI survey on the former defined and disgraced financier Jeffrey Epstein is because Trump is involved.
Musk said It is “such an obvious lie” and “so sad” in response to Trump saying that he asked him to leave the White House because he “wore thin”, then “removed his mandate EV”, provoking the “CEO of Tesla to become” crazy! – Referring to a provision in Trump’s policy bill which removes the EV tax credit by 2026.
“The simplest way to save money in our budget, billions and billions of dollars, is to terminate the subsidies and government contracts of Elon”, Trump wroteAdding: “I have always been surprised that Biden did not do it!”
Musk said “without me”, Trump would have lost the elections, the Democrats would control the room and that the Republicans would have a closer majority in the Senate, after Musk donated more than $ 250 million to Trump’s campaign, accusing Trump in a later tweet of “such ingratitude”.
Musk accused Trump of having lied by saying that he had not turned on the bill after the EV tax credit was deleted: “False, this bill never was shown to me even once and was adopted in the middle of the night that almost no one in the congress could not read it!” Musk tweeted.
Trump, making his first comments on Musk’s criticism on his bill at an Oval Office press conference, insinuated that Tesla’s CEO opposes his “One Big Beautiful Bill Act”, of which Musk denounced all week, because he is “upset”, the incitement of the electric vehicle has been deleted, adding that it will not be sure that “Know the interior work of the invoice”.
Trump also suggested that Musk suffers from what he calls “Trump’s troublemake syndrome”, which Trump describes as people who turn the president after leaving his administration.
Musk, in his most direct attack against Trump in the midst of his diatibe several days against the Political Bill, republished A Trump’s 2013 tweet, who said he was incredulous and that the “embarrassed” Republicans extended the debt ceiling, stupid the “wise words”, after Trump said on Wednesday that the debt limit should be “completely deleted” in August.
Musk said that last year he supports the elimination of the EV tax credit – declarations that harm Trump’s argument that he only opposes the bill, because he gets rid of incentive. “I think we should get rid of all the credits,” said Musk in December when asked by a Capitol Hill journalist if he supports get rid of the electric vehicle tax credit, Politico reported. The version adopted by the house of the invoice would eliminate the tax credit of $ 7,500 for certain buyers of electric vehicles by 2026.
2.4 dollars. This is how much the bill would add to the federal debt during the next decade, according to an estimate of the budget office of the non -partisan congress published on Wednesday which estimates that it would cost $ 4.2 billions of dollars, mainly tax reductions, and save 1.8 billion of dollars.
“I am very disappointed with Elon. I helped Elon a lot,” said Trump, sitting next to the German Chancellor Friedrich Merz in the oval office on Thursday.
Musk – who left his role from the White House on Friday – pulled dozens of tweets this week by attacking Trump’s political bill on the amount he should add to the federal debt. “I’m sorry, but I can’t bear it anymore,” Musk wrote on X in his initial post on Tuesday denigrating legislation, calling it “disgusting abomination.” Musk attacked Trump directly on the bill for the first time since he started his diatriber for several days for a few days before Trump was charged with Merz by republishing the president’s tweet in 2013 on the debt ceiling. In other tweets this week targeting the “One Big Beautiful Bill”, Musk threatened the Republicans who voted for that, warning that in November of next year, we dismissed all the politicians who betrayed the American people “and calling the legislators to” kill the bill “. Until Trump’s comments on Thursday, the president of the Mike Johnson Chamber, R -La. – Who put the bill through the House – was the best republican defending the legislation against Musk’s criticism. Johnson said that Trump was” made an 180 “.
The bill, adopted by the House during a party’s party vote last month after last -minute revisions to appease republican retained, is being negotiated by the Senate. The Republican leaders set a deadline of July 4 to put the bill on the office of Trump for the signaling, but the resistance of the GOP in the upper chamber – and some expressions of regret of some republicans of the Chamber which said that they were not aware of certain provisions – threatening to delay its adoption. The legislation would hold the key promises of Trump’s campaign, in particular an extension of its 2017 tax discounts, no taxes on advice and overtime and additional border security, partly paid by Medicaid cuts.
Tesla’s shares fell 14% while Musk faced himself with Trump, closing at $ 284.70 and completely erasing a month of earnings he made in May. The fall marked the 11th day of single negotiation For the electric vehicle since it became a public in 2010, according to FactstSet. Musk, who holds about 12% of Tesla excluding options, has seen her net value estimated falls from $ 27 billion at 388 billion dollars (there remains by far the richest person in the world). Trump Media & Technology Group’s shares have decreased by $ 8% to $ 20.12, bringing actions at their lowest point since April 16. Multiple cryptocurrencies also dropped in the middle of the ship, Ethereum lowering 7%, Solana lowering 6%and the dogecoin supported by Muscade by 9%. Bitcoin prices do not drop as strongly as the prices of its competitors, but have always sank by 3% on Thursday evening.
The tensions between Musk and Trump were palpable at the joint press conference that they held on Friday to mark the last day of Musk at the head of the government’s Ministry of Efficiency. While the two rented themselves, their formerly light relationship seemed stiff and uncomfortable. Musk in particular seemed to be in a good mood, encouraging social media users to say that he was “refined”, suggesting that he was perhaps under the influence of drugs, because the press conference took place a few hours after a report by the New York Times alleging Musk embarked on a high consumption of drugs while campaigning for Trump last year. Musk also sported a black eye at the press conference, which Tesla CEO said he had obtained his five -year -old son.
Musk calls for the end of the tax credit on electric vehicles – which could help Tesla (Forbes)
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