Trump-Musk Feud Erupts Over Budget Law: “Ingratitude,” Says Tech Mogul
Washington D.C. – A public spat has erupted between former President Donald Trump and Elon Musk, triggered by Musk’s sharp criticism of Trump’s proposed budget law. Teh conflict has not only strained their onc close relationship but also impacted Tesla’s stock value.
The Initial Spark: Musk’s “Abomination” Critique
the discord began when Elon Musk, previously considered one of Trump’s closest advisors, publicly denounced the budget bill as an abomination.
this criticism drew a swift and public response from the former president.
Trump’s Reaction: Disappointment and Uncertainty
Speaking to reporters in the Oval Office on Thursday, June 5, 2025, Mr. Trump expressed his disappointment. Elon and I had a great relationship. I don’t know if we will continue it. It surprised me,
he stated,signaling uncertainty about the future of their alliance.
Musk’s Rebuttal: “Without Me, Trump Would Have Lost”
Musk quickly responded to Trump’s remarks via his social media platform, X.His post included a video of Trump suggesting Musk was upset about the potential loss of subsidies for electric vehicles. Musk countered Trump’s claim that he previewed the “great and stunning law,” stating,False.
Musk escalated the conflict, asserting his critical role in Trump’s past electoral success.
without me, Trump would have lost the elections.
Elon Musk, via X
He further lamented, What ingratitude,
highlighting his considerable financial investment in trump’s previous campaigns, reportedly hundreds of millions of dollars.
Tesla’s Stock Plunge
The public feud had immediate financial repercussions for Tesla. Shares of the electric vehicle manufacturer experienced a sharp decline on the New York Stock Exchange, plummeting more than 8.64% to $303.35 on Thursday.