#trump elon

Trump and Elon Musk: Surprise Meeting Fuels Fresh Buzz on 2024 Election and Twitter’s Next Move

Hot Trendy News
trump elon
Donald Trump escalated his war of words with tech billionaire Elon Musk on Thursday, calling the Tesla and SpaceX chief “infected with Trump derangement syndrome” during an impromptu Oval Office exchange with reporters. “Elon and I had a great relationship. I don’t know if we will anymore,” the president said when pressed about Musk’s decision to publicly campaign against his signature “Big Beautiful Tax-Cut Bill.” Musk has spent the past three days urging followers on X (formerly Twitter) to “KILL the BILL,” arguing that the proposal eliminates federal electric-vehicle tax credits and slows the country’s transition away from fossil fuels. The South African–born entrepreneur warned that the legislation would make U.S. EVs “uncompetitive overnight” and threatened to relocate future battery-plant investments to Canada if the credits are scrapped. The president fired back by hinting he could direct federal agencies to “review” SpaceX’s lucrative NASA and Pentagon launch contracts—an implicit threat that sent Tesla shares down 4 percent in midday trading. Later, a senior administration official told Reuters that no formal review has begun but acknowledged “all options are on the table.” Behind the scenes, advisers to both men say the rift has been brewing since Musk abruptly quit the White House Innovation Council last week, alleging the president ignored his recommendations on A.I. safety and space commercialization. Axios reports that Musk’s frustration peaked after learning the tax bill would hike import duties on lithium mined outside North America—potentially raising costs for Tesla’s next-generation batteries. Political strategists say the feud carries 2026 election implications. Musk’s 135 million X followers represent a prized online constituency, especially among independent and tech-savvy voters. Yet Trump’s base applauds his hard-line stance; a quick-fire fundraising email sent minutes after his Oval Office remarks netted the campaign “its best hour of the month,” according to a senior aide. Investors are bracing for further volatility. Goldman Sachs issued a client note predicting Tesla could lose up to $1.8 billion in U.S. EV credits through 2030 if the bill passes unchanged. Meanwhile, the S&P Aerospace & Defense index slid 1.6 percent on fears of retaliation against SpaceX rivals that rely on Falcon 9 launches. What’s next? Senate Majority Leader Linda Martínez confirmed floor debate on the tax package will begin Monday, with multiple amendments already filed to restore at least partial EV incentives. Musk vowed to keep lobbying: “Clean energy is non-partisan. We’ll fight this every step,” he posted early Thursday. For now, the Trump-Musk clash shows no signs of cooling—and Washington’s most unpredictable relationship just became a defining storyline for both Wall Street and the 2026 campaign trail.

Share This Story

Twitter Facebook

More Trending Stories

a1Y3qSbKCAM948hMZubSqK2VQ3mZ2gVRpQ9rl1arA9quCHgwKZARAAoPT2Jquo6U.png
#iphone 17 6/7/2025

iPhone 17 Leak: Release Date, Price, and Game-Changing Features Revealed

Apple’s 2025 iPhone 17 lineup is already generating buzz thanks to a flood of early leaks and analyst reports. Below is a concise roundup of everythin...

Read Full Story
9kTmXMXOVMF9v7HVRNXp1pfkTFuKgGvg0062uksxzMwsUSnUg0ooPSDsuszbJsqs.png
#capcom resident evil requiem 6/7/2025

Capcom’s Resident Evil Requiem: Release Date Rumors, Gameplay Leaks & Official Trailer Breakdown

Capcom just pulled back the curtain on Resident Evil Requiem, the next mainline entry—informally Resident Evil 9—and survival-horror fans already have...

Read Full Story
Z8xYUfanYPBW5ozDefEX1dUJsCQK7sZIsWYbtXGTRbAsDgc3OCBfwg4yzVcAQW4C.png
#florida panthers 6/7/2025

Florida Panthers’ Stunning Overtime Victory Ignites Stanley Cup Hopes—Highlights, Key Plays & What’s Next

Florida Panthers Force Stanley Cup Final Deadlock with Thrilling Double-OT Victory over Oilers Lead-Off: A Classic in Edmonton The Florida Panthers...

Read Full Story