{"id":5296,"date":"2025-06-06T18:55:04","date_gmt":"2025-06-07T01:55:04","guid":{"rendered":"https:\/\/abovecloud.xyz\/?p=5296"},"modified":"2025-06-08T18:55:49","modified_gmt":"2025-06-09T01:55:49","slug":"trump-musk-feud-explodes-with-threats-of-cutting-contracts-backing-impeachment","status":"publish","type":"post","link":"https:\/\/abovecloud.xyz\/?p=5296","title":{"rendered":"Trump, Musk feud explodes with threats of cutting contracts, backing impeachment"},"content":{"rendered":"\n<p>President\u00a0<a href=\"https:\/\/www.reuters.com\/topic\/person\/donald-trump\/\">Donald Trump<\/a>\u00a0threatened on Thursday to cut off government contracts with billionaire\u00a0<a href=\"https:\/\/www.reuters.com\/business\/elon-musk\/\">Elon Musk&#8217;s<\/a>\u00a0companies, while Musk suggested Trump should be impeached, turning their bromance into an all-out brawl on social media.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"640\" src=\"https:\/\/abovecloud.xyz\/wp-content\/uploads\/2025\/06\/image-5.png\" alt=\"\" class=\"wp-image-5297\" srcset=\"https:\/\/abovecloud.xyz\/wp-content\/uploads\/2025\/06\/image-5.png 960w, https:\/\/abovecloud.xyz\/wp-content\/uploads\/2025\/06\/image-5-300x200.png 300w, https:\/\/abovecloud.xyz\/wp-content\/uploads\/2025\/06\/image-5-768x512.png 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/figure>\n\n\n\n<p>The hostilities began when Trump criticized Tesla CEO Musk in the Oval Office. Within hours, the once-close relationship had disintegrated in full public view, as the world&#8217;s most powerful man and its richest launched personal barbs at one another on Trump&#8217;s Truth Social and Musk&#8217;s X.<br><br>&#8220;The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon&#8217;s Governmental Subsidies and Contracts,&#8221; Trump posted on Truth Social.<\/p>\n\n\n\n<p>Wall Street traders dumped shares of Musk&#8217;s electric vehicle maker and Tesla closed down 14.3%, losing about $150 billion in market value. It was Tesla&#8217;s largest single-day decline in value in its history.<\/p>\n\n\n\n<p>Minutes after the closing bell, Musk replied, &#8220;Yes,&#8221; to a post on X saying Trump should be impeached. Trump&#8217;s Republicans hold majorities in both chambers of Congress and are highly unlikely to impeach him.<\/p>\n\n\n\n<p>The trouble between the two started brewing days ago, when Musk denounced Trump&#8217;s sweeping tax-cut and\u00a0<a href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/whats-republican-tax-health-plan-what-is-not-2025-05-12\/\">spending bill.<\/a>\u00a0The president initially held his tongue while Musk campaigned to torpedo the bill, saying it would add too much to the nation&#8217;s $36.2 trillion in debt.<br><br>Trump broke his silence on Thursday, telling reporters in the Oval Office he was &#8220;very disappointed&#8221; in Musk.<\/p>\n\n\n\n<p>&#8220;Look, Elon and I had a great relationship. I don&#8217;t know if we will anymore,&#8221; Trump said.<\/p>\n\n\n\n<p>While Trump spoke, Musk responded with increasingly acerbic posts on X.<\/p>\n\n\n\n<p>&#8220;Without me, Trump would have lost the election,&#8221; wrote Musk, who spent nearly $300 million backing Trump and other Republicans in last year&#8217;s election. &#8220;Such ingratitude.&#8221;<\/p>\n\n\n\n<p>In another post, Musk asserted that Trump&#8217;s signature tariffs would push the U.S. into a recession later this year.<\/p>\n\n\n\n<p>Besides Tesla, Musk&#8217;s businesses include rocket company and government contractor SpaceX and its satellite unit Starlink.<\/p>\n\n\n\n<p>Musk, whose space business plays a critical role in the U.S. government&#8217;s space program, said that as a result of Trump&#8217;s threats he would begin decommissioning SpaceX&#8217;s Dragon spacecraft. Dragon is the only U.S. spacecraft currently capable of sending astronauts to the International Space Station.<br><br>Hours later, Musk appeared to reverse that move. Responding to a follower on X urging Musk and Trump to &#8220;cool off and take a step back for a couple of days,&#8221; Musk wrote: &#8220;Good advice. Ok, we won&#8217;t decommission Dragon.&#8221;<\/p>\n\n\n\n<p>In another possible sign of de-escalation on Thursday evening, Musk separately posted, &#8220;You&#8217;re not wrong,&#8221; in response to hedge fund manager Bill Ackman saying Trump and Musk should make peace.<br><br>The feud was not entirely unexpected. Trump and Musk are both political pugilists with sizable egos and a penchant for using social media to punch back against their perceived enemies, and many observers had predicted an eventual falling out.<br><br>Even before Musk&#8217;s departure from the administration last week, his influence had waned following a series of clashes with cabinet members over his cuts to their agencies.<\/p>\n\n\n\n<p>For Trump, the fight was the first major rift he has had with a top adviser since taking office for a second time, after his first term was marked by numerous blow-ups.<\/p>\n\n\n\n<p>Trump parted ways with multiple chiefs of staff, national security advisers and political strategists during his 2017-2021 White House tenure. A few, like Steve Bannon, remained in his good graces, while many others, like U.N. Ambassador John Bolton, became loud and vocal critics.<\/p>\n\n\n\n<p>After serving as the biggest Republican donor in the 2024 campaign season, Musk became one of Trump&#8217;s most visible advisers as head of the Department of Government Efficiency, which mounted a sweeping and controversial effort to downsize the federal workforce and slash spending.<\/p>\n\n\n\n<p>Musk was frequently present at the White House and made multiple appearances on Capitol Hill, sometimes carrying his young son.<\/p>\n\n\n\n<p>Only six days before Thursday&#8217;s blowup, Trump and Musk held an appearance in the Oval Office where Trump praised Musk&#8217;s government service and both men promised to continue working together.<\/p>\n\n\n\n<p>A prolonged feud between Trump and Musk could make it more difficult for Republicans to keep control of Congress in next year&#8217;s midterm elections. In addition to his campaign spending, Musk has a huge online following and helped connect Trump to parts of Silicon Valley and wealthy donors.<\/p>\n\n\n\n<p>Musk had already said he planned to&nbsp;<a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/elon-musk-says-he-is-still-committed-being-tesla-ceo-5-years-time-2025-05-20\/\">curtail his political spending<\/a>&nbsp;in the future.<\/p>\n\n\n\n<p>Soon after Trump&#8217;s Oval Office comments on Thursday, Musk polled his 220 million followers on X: &#8220;Is it time to create a new political party in America that actually represents the 80% in the middle?&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">&#8216;KILL THE BILL&#8217;<\/h2>\n\n\n\n<p>Musk targeted what Trump has named his &#8220;big, beautiful bill&#8221; this week, calling it a&nbsp;<a href=\"https:\/\/www.reuters.com\/world\/us\/musk-calls-trumps-big-beautiful-bill-a-disgusting-abomination-2025-06-03\/\">&#8220;disgusting abomination&#8221;<\/a>&nbsp;that would deepen the federal deficit. His attacks amplified a rift within the Republican Party that could threaten the bill&#8217;s prospects in the Senate.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/world\/us\/trump-tax-cut-bill-will-add-24-trillion-us-debt-nonpartisan-analysis-says-2025-06-04\/\">Nonpartisan analysts<\/a>&nbsp;say Trump&#8217;s bill could add $2.4 trillion to $5 trillion to the nation&#8217;s $36.2 trillion in debt.<\/p>\n\n\n\n<p>Trump asserted that Musk&#8217;s true objection was the bill&#8217;s elimination of consumer tax credits for electric vehicles. The president also suggested that Musk was upset because he missed working for the White House.<\/p>\n\n\n\n<p>&#8220;He&#8217;s not the first,&#8221; Trump said on Thursday. &#8220;People leave my administration&#8230; then at some point they miss it so badly, and some of them embrace it and some of them actually become hostile.&#8221;<\/p>\n\n\n\n<p>Musk wrote on X, &#8220;KILL the BILL,&#8221; adding he was fine with Trump&#8217;s planned cuts to EV credits as long as Republicans rid the bill of &#8220;mountain of disgusting pork&#8221; or wasteful spending.<\/p>\n\n\n\n<p>He also pulled up past quotes from Trump decrying the level of federal spending, adding, &#8220;Where is this guy today?&#8221;<\/p>\n\n\n\n<p>Musk came into government with brash plans to cut $2 trillion from the federal budget. He left last week having cut only about&nbsp;<a href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/musk-said-he-was-chainsawing-government-spending-it-was-more-like-trim-2025-05-30\/\">half of 1%<\/a>&nbsp;of total spending while causing disruption across multiple agencies.<\/p>\n\n\n\n<p>Musk&#8217;s increasing focus on politics provoked widespread protests at Tesla sites in the U.S. and Europe, driving down sales while investors fretted that Musk&#8217;s attention was too divided.<\/p>\n\n\n\n<p>Reporting By Nandita Bose and Andrea Shalal, additional reporting by Jeff Mason, Joey Roulette and Jarrett Renshaw; writing by Joseph Ax; Editing by Scott Malone and David Gregorio<br><br>Reprinted from Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President\u00a0Donald Trump\u00a0threatened on Thursday to cut of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5297,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[4780,4640,1891],"class_list":["post-5296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sino-american","tag-contracts","tag-musk","tag-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.0 - 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