Musk & Trump Feud: Tax Bill Sparks Rift
The gloves are off: Donald Trump and Elon Musk are locked in a public war of words, ignited by tax policy disagreements and personnel disputes. trump says Musk is angered by the loss of tax credits, which Musk counters by criticizing Trump’s tax bill. This feud has already impacted Tesla’s market capitalization, with shares down nearly 20% year-to-date. Investors are keenly watching the fallout. The once-friendly relationship, with Musk and his family regulars at Mar-A-Lago, has crumbled. News Directory 3 is following developments closely. Discover what’s next as this high-profile clash continues.
Trump, Musk feud escalates over tax credits, NASA pick
Updated June 7, 2025
A once-amiable relationship between former President Donald Trump and Tesla CEO Elon Musk has devolved into a public dispute, with each leveling criticisms against the other. The feud, which centers on tax policy and personnel decisions, has also impacted Tesla’s stock performance.
Trump claims Musk’s anger stems from the cancellation of tax credits and the rejection of Musk’s choice for a NASA appointment. Musk, in turn, has attacked Trump’s ”one Big Beautiful tax Bill,” calling it a “disgusting abomination.” He also attempted to connect Trump to Jeffrey Epstein and warned that Trump’s tariffs would trigger a recession.
The trump-Musk relationship previously saw Musk and his family frequenting Mar-A-Lago, with Musk’s son even accompanying the president on Air Force One. Trump had also defended Musk during public criticism of Tesla owners following DOGE cuts and lauded a SpaceX launch.
Amid the public spat, Tesla’s market cap experienced a significant decline, dropping by over $150 billion. While shares have since recovered some ground, they remain down nearly 20% year-to-date. The Tesla stock performance is being closely watched by investors.
The clash highlights the complex relationship between political figures and business leaders, especially in the tech industry. The elon Musk tax stance has been a point of contention.
| Ticker | Security | Last | change | Change % |
|---|---|---|---|---|
| TSLA | TESLA INC. | 295.14 | +10.44 | +3.67% |
What’s next
The future of the relationship between trump and Musk remains uncertain. The impact of their feud on Tesla and the broader political landscape will likely continue to be a subject of discussion.