Did Elon Musk make his biggest mistake by feuding with Donald Trump? Reports say the Tesla CEO is in a spot

Elon Musk and Donald Trump had a big public fight online. Trump got really mad and said he might cancel all government contracts and subsidies for Musk’s companies. That’s a huge threat because Musk’s businesses like SpaceX and Tesla depend a lot on government money, as per reports.

Elon loses cool

In anger, Musk said he would shut down SpaceX’s Dragon spacecraft and stop US access to space, but he changed his mind just a few hours later. Trump is even thinking of selling the red Tesla Model S he got earlier this year during Musk’s White House car stunt, according to Wall Street Journal.

As per reports Musk is realizing he messed up and is now trying hard to make up with Trump. But Trump is ignoring him. He told Reuters, “I’m not even thinking about Elon... poor guy’s got a problem”, as per Reuters report.

Republicans are savouring the show

Musk had insulted Trump earlier, even saying Trump is in the Jeffrey Epstein files, hinting at something bad. Musk also tweeted, “The truth will come out.” Some Republicans are happy about Musk and Trump fighting, as per reports.

A Republican lawmaker told Axios that Musk was "a total joke" and "didn’t know what he was doing." The lawmaker also said that most people didn’t want Musk around and were glad to see him go.

Meanwhile, Trump’s former advisor, Steve Bannon, is now pushing for the government to take control of SpaceX and even wants Musk to be deported. Tesla investors are not happy with the drama. The feud made Tesla lose $152 billion in market value, as per Futurism report.

That was Tesla’s biggest loss ever in a single day. Just a week ago, Musk showed up at a White House farewell party with a black eye. Trump had praised Musk then, calling him “one of the greatest business leaders.” But this week, Trump said, “I don’t know if we will [have a relationship] anymore.” Musk replied on X, “Whatever”, as stated by reports.

FAQs

Q1. Why are Elon Musk and Donald Trump fighting?
They had a public fight online after Trump threatened to cancel Musk’s government contracts.

Q2. Did Musk's fight with Trump hurt his companies?
Yes, Tesla lost $152 billion in value after the drama, which upset investors.