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President Donald Trump Thursday called Tesla CEO Elon Musk “Crazy” and threatened to reduce government contracts from his businesses when the two men competed in a major tax bill.
“The simplest way to save money in our budget, billions and billions of dollars, is to terminate the subsidies and government contracts from Elon,” wrote Trump in a Post social post. “”I have always been surprised that Biden did not do it! “”
Musk quickly replied on X: “Go ahead, do my day.”
He then increased the bet, writing: “In the light of the president’s declaration on the cancellation of my government contracts, @Spacex will start Deca -based downgrade immediately.”
In addition to directing the Tesla electric vehicle manufacturer, Musk companies include the Satellite Spatial Exploration and Satellite Communication Company SpacexArtificial-intelligence Company XaiTunnel-Digger Boring businesstechnological company Neurable and the social media site X.
Tesla’s course of actionWho was already exchanging heavily lower, sang after Trump’s comments.
The superb explosion between the richest man in the world and the President of the United States comes less than a week after exchanging compliments when sending the oval office celebrating the time of Musk leading the government’s ministry of efficiency.
But Thursday afternoon, Musk was Enter X About Trump’s “ingratitude” and declaring: “Without me, Trump would have lost the elections, the DEMS would control the room and the Republicans are 51 to 49 years old in the Senate.”
Musculate Another message said Trump is charged and replaced by Vice-President JD Vance.
Musk even accused the Trump administration of refusing to publish files relating to the late sexual offender Jeffrey Epstein Because the president “is in Epstein files”.
“The truth will be released,” Musque added. Trump denied any involvement in Epstein’s criminal behavior, and Musk did not provide any evidence in his position to support the complaint.
Asked for CNBC’s comments, a White House spokesperson refused to comment on one of Musk Trump’s Musk’s messages.
Trump in his own bitter Post social post Later, Thursday wrote that Musk “wore” at the end of his mandate as “employee of the special government”.
“I asked him to leave,” said Trump. Musk called that “An obvious lie. “”
Angry sweeping came after Musk castigated the president in the midst of an increasing confrontation resulting from the vocal opposition of the Mega-Millionaire to the Trump budget bill.
Trump said in the oval office earlier Thursday that Musk was “upset” that the package reduced electric vehicle credits.
“I removed his mandate EV who forced everyone to buy electric cars that no one else wanted (that he knew for months that I was going to do!), And he went crazy!” Trump wrote in the publication of social media.
Musk aggressively ransacked the bill on the grounds that he will add billions of dollars to the country’s deficits. He actively urges the Republicans in the Senate to “kill the bill”, which includes a huge band of the Trump’s inner agenda.
President Donald Trump and Elon Musk (R) speak before leaving the White House on the way to his home in southern Florida in Mar-A-Lago in Florida on March 14, 2025.
Roberto Schmidt | AFP | Getty images
SpaceX is one of the country’s largest federal entrepreneurs, obtaining $ 3.8 billion compared to hundreds of government contracts during the year 2024, only, The New York Times reported. The company has taken more than $ 20 billion in NASA, US Air Force and other agencies since 2008, according to FEDSTUT data.
An analysis of the Washington Post Published in February found that Musk and its companies received at least $ 38 billion from the government in the form of contracts, loans, subsidies and tax credits over two decades.
Some of Musk’s companies are on the right track to accommodate additional federal dollars for the coming years, either from existing contracts or in newly inked government affairs. SpaceX, for example, is among the advantages to win a crucial part of Trump’s “gold dome” Anti -missile defense shield Plan, reported Reuters.
This is a news. Please update updates.
– CNBC Lora Kolodny contributed to this report.