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Trump and Musk Persist in Public Feud as Tesla Shares Recover

Trump has rejected Musk’s outreach, with officials saying he may sell or give away his cherry-red Tesla S.

© Davidoff Studios/Getty Images (Epstein and Trump photo) Photo by Kevin Mazur/VF14/WireImage (Maxwell and Musk photo)
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Musk campaigns for Trump last October in Butler, Pa.
 

Overview

  • Musk denounced Trump’s flagship spending plan as a “disgusting abomination,” prompting Trump to threaten termination of SpaceX and Tesla government contracts
  • Tesla shares plunged more than 14%, erasing about $100 billion in market value before a modest recovery on Friday
  • Musk deleted his unverified tweet alleging Trump appears in Jeffrey Epstein’s files after widespread calls for evidence
  • Musk’s spat with the president has put future federal contracts and subsidies for SpaceX and Tesla in jeopardy as he hints at pulling projects
  • Republican lawmakers are increasingly divided by the showdown, raising doubts over unified GOP support for Trump’s legislative agenda