Trump and Musk Engage in Public Feud Over Budget Bill

Jun. 6, 2025, 6:55 am ET

Instant Insight

30-Second Take

  • The alliance between Donald Trump and Elon Musk has abruptly ended in a public feud.
  • The rift began over Trump’s proposed budget bill, which phases out electric vehicle tax credits, impacting Tesla’s profits.
  • Both figures have exchanged harsh criticisms on social media and in public statements.

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Quick Brief

2-Minute Digest

Essential Context

The relationship between Donald Trump and Elon Musk, once seen as a strong alliance, has imploded. The feud started when Musk criticized Trump’s “big, beautiful bill” for its plan to phase out electric vehicle tax credits, a move that could significantly affect Tesla’s financials.

Core Players

  • Donald Trump – President Trump of the United States
  • Elon Musk – CEO of Tesla and SpaceX
  • Tesla – Electric vehicle and clean energy company
  • SpaceX – Private aerospace manufacturer and space transport services company

Key Numbers

  • $250 million – Amount Musk spent supporting Trump during the last presidential election
  • 53 – Elon Musk’s age
  • 78 – Donald Trump’s age
  • $1.54 trillion – Tesla’s market capitalization

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The Catalyst

The public feud was triggered by Musk’s vehement criticism of Trump’s budget bill, which he described as a “disgusting abomination” on social media. Musk was particularly upset about the provision to end tax credits for electric vehicles, a key incentive for Tesla’s customers.

Trump responded by expressing his disappointment in Musk, stating, “Elon and I had a great relationship. I don’t know if we will anymore.”

Inside Forces

The internal dynamics of their relationship have been complex. Musk had been a key supporter of Trump, appearing on the campaign trail and spending heavily to support his election efforts. However, the recent disagreement over the budget bill has exposed deep-seated differences.

Musk’s role in the Trump administration, including leading an initiative to combat waste, fraud, and abuse in the federal government, has also been a point of contention.

Power Dynamics

The power dynamic between Trump and Musk has shifted significantly. Trump, who once valued Musk’s support and advice, now threatens to cancel Musk’s lucrative government contracts. Musk, in turn, has claimed that Trump could not have won the presidency without his support.

Musk’s influence extends beyond his companies; his social media presence allows him to shape public opinion and challenge Trump directly.

Outside Impact

The feud has broader implications for both the tech and political landscapes. The rift could affect the future of electric vehicle incentives and the overall direction of environmental policies under the Trump administration.

Additionally, the public nature of the feud has drawn in other stakeholders, including Republican politicians who are now caught in the middle of the dispute.

Future Forces

Looking ahead, the relationship between Trump and Musk is unlikely to be repaired soon. Musk has begun to distance himself from Trump, urging Republicans to support him instead.

The feud may also influence the political landscape, particularly if Musk decides to endorse or support other candidates in the upcoming elections.

Data Points

  • June 5, 2025: Trump and Musk’s public feud escalates with mutual criticisms on social media.
  • June 6, 2025: Trump threatens to cancel Musk’s government contracts; Musk claims Trump could not have won without him.
  • $1.54 trillion: Tesla’s market capitalization as of June 2025.
  • 53: Elon Musk’s age as of June 2025.
  • 78: Donald Trump’s age as of June 2025.

The sudden and public breakdown of the Trump-Musk alliance highlights the volatile nature of political and business relationships. As the feud continues to unfold, it will be crucial to watch how it impacts policy, public opinion, and the future of key industries.