After President Trump said in a threatening language, ”If the budget is to be saved, the easiest way is to cancel the billions of dollars of 'subsidies' and 'contracts' given to Elon Musk.”
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US President Donald Trump and billionaire Elon Musk, who is also his former senior adviser, have publicly threatened each other with comments. During a meeting with the German leader in the Oval Office on Thursday, President Trump said that Musk, who is also his adviser, suddenly started digging against him on social media.
A few days ago, billionaire Musk criticized Trump a few days ago regarding the tax and spending bill passed in the House of Representatives (the lower house of the US Parliament). He also termed it as a 'disgusting' move. Musk posted a response to Trump on social media, saying, "This bill was passed overnight without even showing it to me, so quickly that almost no one in Congress got to read it."
President Trump Through his social network, he said in a threatening language, "If the budget is to be saved, the easiest way is to cancel the billions of dollars of 'subsidies' and 'contracts' given to Alan Musk." If the Trump administration is against Musk. It is seen that the impact of this may be heavy on Musk if it is removed. Musk, who understands its potential risks, has even threatened to impeach Trump if Trump reduces the 'funding' given to his company.
Also, the BBC has mentioned that Musk has many unlimited resources to fight against Trump. The US is forced to depend on Moscow's spacecraft to send passengers to the International Space Station and to carry essential materials. There is also a risk that Musk, who previously provided financial support to Trump in the election, could run against the Republican Party candidate in the upcoming election.
Trump has objected to these latest statements of Musk, one of his supporters. He called Musk's move "a complete disappointment" and said he was surprised. Musk was actively involved in Trump's election campaign and also spent a lot of money to win him. He has been the chief advisor of the President's Office since last January and recently gave up this position a week ago. Trump accused Musk of forgetting that he had previously worked in the White House and that Trump Derangement Syndrome had taken root in him.
"He hasn't said anything about me personally, but I'm sure that day will come," Trump said, "but I'm very surprised and disappointed with Alan because I've helped him a lot." After Musk openly protested, Trump also took to social media They have responded aggressively through the network and media.
He has accused Musk of being on the side until his interests are fulfilled and now he has come under criticism after not being what he said. "I am very disappointed," Trump said in a press conference with the head of state of Germany, "The main reason Musk is crying now is because we are going to cut unproductive spending, including the federal grants he is getting."
Trump's former advisor Steve Bannon and others have made statements such as "musk's company should be taken over and he should be deported". Musk said that by posting one after another against Trump and his policies, Trump's name is even in the "child sex offender Jeffrey Epstein's file" and he is going to make serious allegations. He has also challenged Trump to come against him saying that he himself won the election.
Entrepreneur Musk, who has gained deep access to the American government and politics in a short period of time, has suddenly weakened within four and a half months. Until a few weeks ago, when he was close to Trump, Musk used to blurt out at public events or political gatherings that there could be no other leader for America like Trump.
He poured millions of dollars into Republican Party programs and campaigns. After Trump won the election, Musk's access and assets were also reduced. Trump gave him a ministerial position and put him in charge of a department called 'DOSE', which was formed to increase the effectiveness of the US government. Until then, media and social media users like PBS had even called the US government the 'Musk government'.
The media such as the New York Times published the news that Musk was involved in drugs a week ago. The media claims that he has been taking drugs like ketamine excessively in recent days. There was a lot of criticism on social media saying that he pretended to be addicted to drugs even during the farewell ceremony from 'Doz'.
Lately, the Republican Party has also visibly distanced itself from Musk, citing his erratic behavior, policy disagreements, and personal problems as the reason for his rapidly falling popularity. The relationship is said to be strained after Musk's unpredictable behavior and his open criticism of some of Trump's policies. Trump and his party leaders, who never tire of praising Musk in public and on social media, have now stopped mentioning Musk by name.
Tesla lost $150 billion in one day
American and other stock markets felt the tremors after US President Donald Trump and his wealthy ex-colleague Elon Musk started insulting each other on a personal level. is Tesla's stock price fell by 14.3 percent in one day on Thursday, dropping more than $150 billion in the company's market value. Due to this, Tesla has also dropped out of the list of the 10 largest companies in the world. The incident has also caused a significant decline in Musk's personal wealth. He lost almost 34 billion dollars in one day.
The fall in the stock market came after Musk slammed the Trump administration's proposed budget bill as "disgusting and unforgivable" on social media X. The bill plans to introduce massive tax cuts and regulatory flexibility. But economists are criticizing such a move, saying it would increase the federal budget deficit by $24 trillion over the next decade.
Musk openly disagreed with Trump's policies and plans, criticized those who were in favor of the bill, and called his MPs to criticize it saying that if this process continues, America will fall apart.
