chairman Donald Trump Called on Thursday Tesla CEO Elon Musk Threatened to cut “Crazy” and its companies’ government contracts as two people quarreled over a major tax bill.
Trump wrote, “The easiest way to save money in our budget, billions and billions of dollars is to eliminate Elon’s government subsidy and contracts.” Truth social post, ,I always wondered that Biden did not do this! ,
Musk immediately replied on X: “Go ahead, make my day.”
Later he wrote, “In the light of the President’s statement about cancellation of my government contracts, @Spacex will begin Reduce your dragon spacecraft Immediately.”
In addition to leading electric-vehicle manufacturer Tesla, Musk’s businesses include space exploration and satellite company company SpacexArtificial-Buddhist Company XaiTunnel Boring companyTech firm Neurlink And social media site X.
Tesla’s share price, which was already trading rapidly after Trump’s comments.
The amazing blow between the world’s richest man and the President of the United States comes after less than a week, when he exchanged praise during an oval office, which was leading the government’s efficiency department to celebrate the time of Musk.
But by Thursday afternoon, there was musk Hold on x Regarding Trump’s “Untra” and announcement, “without me, Trump must have lost the election, will control the Dame Sadan and there will be 51–49 in the Republican Senate.”
Musk Another post Even indicated support for Trump and was replaced with Vice President JD Vance.
Trump in his own bitter Truth social post Later on Thursday wrote that Musk was “thin” as a “special government employee” till the end of her tenure.
“I asked him to leave,” Trump claimed.
Amid a growing clash arising out of the outstanding clashes of Mega-Billionaire of Trump’s large-scale budget bill, Musk got angry after the President exploded the President.
President Donald Trump and Elon Musk (R) speak before going to the White House on the way to their South Florida house in Mar-e-Lago in Florida on March 14, 2025.
Roberto Shmit | AFP | Getty images
SpaceX is one of the largest federal contractors in the country, which receives more $ 3.8 billion than hundreds of government contracts in the financial year 2024 alone, New York Times reportedAccording to Fedscout data, the company has taken over $ 20 billion in contracts by NASA, US Air Force and other agencies since 2008.
A Washington Post Analysis Published in February, it was found that Musk and his companies have received at least $ 38 billion from the government as contracts, loans, subsidies and tax credit over two decades.
Some Musk’s companies are on track to take additional federal dollars for the coming years, either from existing contracts or new ink government businesses. For example, SpaceX is at the forefront to win a significant part of Trump’s “Golden Dome”. Missile defense shield Plan, Reuters told.
Trump said at the Oval Office on Thursday that Kasturi was “troubled” that the package cuts electric vehicle credits.
“I snatched my EV mandate, which forced everyone to buy an electric car, who no one else wanted (who knew that I was going to do for months!), And he just went mad!” Trump has written in social media posts.
Musk aggressively trash the bill on the basis that it will add trillions of dollars to the country’s deficit. He is actively urging the Senate Republican to “kill the bill”, which includes a large self of Trump’s domestic agenda.
This is breaking news. Please fresh for update.
, CNBC’s Lura Copanny contributed to this report.
