Trump-Musk Breakup Hits Tesla
- On June 5, 2025, the previously close relationship involving Donald Trump and Elon Musk ended publicly amid intense social media confrontations.
- The fallout occurred after Musk publicly condemned Trump's major federal budget proposal, particularly denouncing its increased expenditures and the rollback of electric vehicle requirements.
- Trump responded by threatening to terminate all government contracts with Tesla and accused Musk of going crazy after the electric vehicle mandate was canceled.
- Tesla's stock fell by more than 14% on Thursday, resulting in a reduction of approximately $150 billion in the company's market capitalization, following Musk's widely circulated post accusing Trump of involvement in the Epstein files.
- This public feud suggests a deep political schism that could affect Musk's companies and Republican support, while Musk also urged impeachment proceedings against Trump.
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Musk climbs down after messy MAGA breakup
What happenedElon Musk waved the white flag in his feud with President Trump just days after writing a series of social media posts in which he denigrated the Republican spending bill, threatened to deny NASA use of SpaceX spacecraft, and linked the president to the notorious pedophile Jeffrey Epstein. After Vice President JD Vance and chief of staff Susie Wiles urged the Tesla and SpaceX CEO to make peace, Musk deleted several of his posts, inc…
·Washington, United States
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Total News Sources158
Leaning Left44Leaning Right20Center42Last UpdatedBias Distribution42% Left
Bias Distribution
- 42% of the sources lean Left
42% Left
L 42%
C 40%
R 19%
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