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US President Donald Trump and Elon Musk are present at the White House Owl in Washington, Colombia, May 30, 2025.
Nathan Howard | Reuters
Donald Trump and Elon Musk seemed inseparable not too long ago: attending events together, conducting joint interviews and showing each other. Everything that has changed over the night.
Trump and Musk traded barbs in a rather public hostility, and the US president threatened Distract billions of dollars in government contracts for companies Musk, while Suggested the CEO of Tesla Trump couldn’t win the election without it.
The reshuffle began when Trump attacked Musk’s criticism for the republican taxation and expenses, and quickly grow into an online boil into “haunting and Musk”, with famous businessmen, analysts and political names that weighing in the fight.
Technological and political
On Thursday, billionaire Bill Akman urged Trump and Musk to stop fighting. Both men have to “conclude peace for the benefit of our country”, Akkman said on x.
Founder and Executive Director Hedge Fund Pershing Square Capital Management, who supported Trump a few months before the November elections, said: “We are much stronger than one,” from Musk replied: “You are not mistaken.”
US Congressman Jim Jordan told Fox News “Laura Ingrak on Thursday that he hoped Elon Musk and Trump reconcile while defending the budget bill.
Others in Trump’s orbit, for example, former Trump’s former advisor Steve Benan, who has encountered a mask in recent months, were less conciliators.
said Benan on his “A military room on live“Show Thursday that Trump should sign the executive order to take control of SpaceX, through the National Security Mobilization Act called Production Protection Act.
“The US government must seize this,” Benan said, adding that the administration should deprive Musk about its security and suspend all federal contracts with Musk’s companies before investigating them.
MAKE Mark Cubin Investor would seem to be approved Moscow’s proposal, which questioned the followers about whether it “create a new political party in America, which actually represents 80% in the middle.”
Former presidential candidate Andrew Jan returned Cubin Later pitching “Independent Primary Presidential” 28 with participants, including Mark Kuban, Jamie Dimon and actor Matthew McConah.
– said Jan Bremer Eurasia Group in the message on x that “Trump is more powerful than Elon, but much less competent.”
Tesla upundits
Wall -Rate traders dropped Tesla shares, sending them 14%.
Dan Ius, Head Director and Senior Analyst at Wedbush Study In a Research note that the conflict was “jaw dropping and a shock to the market”, creating great fear for Tesla investors.
“Tesla reserves are under high pressure by 15%because investors are afraid that this musk/Trump battle will stop their membership and change the normative environment for TESLA on the autonomous front in the coming years as part of the Trump administration,” Jus said.
However, Jus added that Spat did not change the bullish look at Tesla Wedbush, though it “Obviously he puts the fly in the ointment of Trump’s regulatory base.”
Another Tesla -Byk, Ross Gerber, Head of Herber Kavasaki and investment management, had tough words for Musk in the X Posts series, saying that Elon “now attacks on all the people he helped to put in power.”
“Elon, who goes to the mail on Trump and Tesla Stock, gets Wallope. Trump will return his new Tesla and says he remained Musa. Post.
Harry Black, the head of the director of Future Fund, who recently stated at X that this firm sold all its Tesla shares, claimed that Trump and Elon’s hostility would further pressure the stock, aiming for Tesla Bulls.
“These same bulls have claimed for several months that the Moscow Trump alliance will streamline the federal process that allows TSLA to provide a general uncontrolled autonomy license at the national level. This perspective is now unlikely,” he said in An An An Anne X Message.
David Rosenberg, president and founder of Rosenberg Research, believes that SpaceX Musk provides the United States a great advantage in space technology, and constant hostility can disrupt it.
“There is a small group of Republicans who are not sure for various reasons, and many of them refer to the opposition to Elon Musk to this (spending) bill as a reason they will not vote for it. Therefore, Musk’s policy can become the most significant part of it,” Rosenberg said in CNBC.
