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CosmicTaco

Trump-Musk Feud Escalates Over Contracts

  • Donald Trump and Elon Musk's relationship hits a rough patch as Trump threatens to cut off government contracts to Musk's companies, and Musk suggests Trump should be impeached.
  • The fallout began with Trump criticizing Musk in the Oval Office, leading to a series of public social media exchanges between the two on their respective platforms.
  • Tesla shares plunged 14% in a single day following Trump's statements about terminating Musk's governmental subsidies and contracts.
  • Musk initially threatened to decommission SpaceX's Dragon spacecraft but retreated from this stance later on.
  • Despite the tension, there are hints of a potential reconciliation as Musk responded positively to calls for peace between the two powerhouses.

Source: Reuters

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