Trump vs Musk: Epstein Files & Tesla Stock Crash
Donald Trump and Elon Musk are locked in a bitter feud,with accusations flying and Tesla’s stock feeling the heat. the central conflict revolves around government contracts, political allegiances, and Musk’s recent critique of Trump’s budget proposals. Musk is hinting at damaging revelations from the Epstein files and even floated the idea of starting a new political party. The spat has already impacted SpaceX, with programs potentially on hold. This public back-and-forth has led to a downturn for tesla, sending shockwaves through the market. News Directory 3 has the latest on this developing story. Discover what’s next …
Trump and Musk Feud Erupts Over Government Contracts
Updated June 05, 2025
A war of words has broken out between former allies Donald Trump and Elon Musk, with accusations flying over government contracts, electric vehicle incentives, and political allegiances. The dispute, playing out publicly on social media, has seen Musk’s company Tesla take a hit on Wall Street.
Trump told reporters that Musk had “disappointed” him, a statement that followed days of denials about disagreements between the two. Musk, in turn, accused Trump of being “ungrateful,” claiming he wouldn’t have won the election without Musk’s support.
Musk escalated the conflict by suggesting that damaging information about Trump is contained within the yet-to-be-released Epstein files. He also floated the idea of creating a new political party in america.
The feud appears to stem from Trump’s proposed budget maneuver, wich Musk criticized. According to Trump, Musk was privy to the details of the “Big Beautiful Bill” being debated in Capitol Hill. Musk refuted this, saying the law was approved too quickly for him to have any real input.
“without me Trump would have lost the elections, the democrats would control the Chamber and the Republicans would be 51 to 49 in the Senate,” elon Musk said.
Trump defended his budget, suggesting Musk’s criticisms were linked to potential cuts in electric vehicle incentives and his pick for the head of NASA. Musk countered that he wants cuts to all kinds of expenses in the law.
The dispute has extended to government contracts, with Musk threatening to halt spacex’s NASA programs in response to Trump’s declaration about canceling his government contracts. SpaceX’s Dragon spacecraft is crucial for transporting goods and crews to the international space Station.
“In light of the president’s declaration on the cancellation of my government contracts,Spacex will immediately begin to dispose of his Dragon spacecraft,” Musk wrote.
Musk also amplified calls for Trump’s impeachment, endorsing a user’s comment suggesting that Vice President JD Vance should replace Trump.
What’s next
The escalating conflict raises questions about the future of government contracts with Musk’s companies and the potential impact on space exploration programs. The political ramifications of Musk’s potential entry into the political arena also remain to be seen.