Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026

    May 23, 2026

    7 Powerful Reasons IBM Quantum Computing Could Become the Next Big Tech Winner

    May 23, 2026

    Nvidia’s AI Expansion Is Quietly Reshaping the Entire Stock Market

    May 23, 2026
    Facebook X (Twitter) Instagram
    🔴
    Trending
    • 5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026
    • 7 Powerful Reasons IBM Quantum Computing Could Become the Next Big Tech Winner
    • Nvidia’s AI Expansion Is Quietly Reshaping the Entire Stock Market
    • This Philly man has spent over $18,000 buying almost 100 Sixers-Knicks tickets for out-of-town basketball fans
    • Introducing the ‘NACHO’ trade: How Wall Street is betting on higher oil prices and persistent inflation
    • EBay permanently bans GameStop CEO Ryan Cohen for putting its community ‘at risk’ following takeover attempt
    • Dunkin’ is making its return to the stock market – with a new twist
    • As Nvidia earnings draw closer, here are 5 things investors need to watch
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    • HOME
    • TOOLS
      • CURRENCY CONVERTER
      • RANKING TABLE
      • STOCK SCREENER
      • FOREX HEATMAP
      • ECONOMIC CALENDER
      • REAL-TIME CHART
      • FOREX SUMMARY
    • MARKET
      1. COMMODITIES
      2. REAL ESTATE
      3. CRYPTO CURRENCIES
      4. CURRENCY / FOREX
      5. ETF / RTF
      6. EQUITIES
      7. INDEXES
      8. View All

      Gold Climbs Above Key Technical Trend Line as Bullish Momentum Returns

      May 9, 2026

      “Investigating the Impact of Weather Patterns on Global Commodity Markets”

      April 10, 2026

      “The Influence of Political Instability on Gold and Other Precious Metal Prices”

      April 10, 2026

      Here’s how much money Iran can make charging tolls on one-fifth of the world’s seaborne oil

      April 9, 2026

      More Americans are buying homes to fit multiple generations: ‘It answered a lot of prayers

      May 11, 2026

      Although house prices are declining, Lennar notes that employment stability is now a top issue.

      March 21, 2026

      Optimistic Outlook Emerges as Rate Cut Hopes Ignite Real Estate Market Recovery

      January 24, 2026

      Why experts say that Trump’s prohibition on big investors like Blackstone purchasing homes won’t lower housing costs

      January 8, 2026

      Bitcoin Plunges Amid Iran-Israel Tensions, Global Markets on Edge

      April 29, 2026

      “Understanding the Impact of Cryptocurrencies on the Global Economy”

      April 9, 2026

      “Investing in Cryptocurrencies: A Comprehensive Guide for Beginners”

      April 9, 2026

      “Profiles in Crypto: A Look at the Top Performing Cryptocurrencies of 2022”.

      April 9, 2026

      According to a Goldman research, this is the point at which the 10-year Treasury yield poses a “clear problem” for equities.

      May 3, 2024

      This ETF from a 106-year-old company has outperformed competitors while staying away from the “Magnificent Seven” stocks.

      January 6, 2026

      ETFs with private credit have arrived. Why they might target your retirement account next.

      September 5, 2025

      Inside the 2025 ETF boom: “How do you manage it all?”

      September 5, 2025

      Challenges Loom for China’s Stock Market as ETF Experts Warn of Investor Hesitancy

      August 12, 2025

      European Stocks Plummet to Multi-Week Lows Amid Fed’s Hawkish Tone and Geopolitical Turmoil

      April 5, 2026

      Escalating Middle East Tensions Rattle Global Markets

      April 5, 2026

      Wall Street Braces for Downturn Despite Strong Private Payrolls Data

      April 3, 2026

      Asia’s Private Equity Landscape Faces Worst Q1 Slump Since 2015 Amid Economic Uncertainty

      March 25, 2026

      Nvidia’s AI Expansion Is Quietly Reshaping the Entire Stock Market

      May 23, 2026

      Introducing the ‘NACHO’ trade: How Wall Street is betting on higher oil prices and persistent inflation

      May 15, 2026

      Stocks are walking a tightrope to fresh record highs – as a handful of names do most of the heavy lifting

      May 12, 2026

      More Americans are buying homes to fit multiple generations: ‘It answered a lot of prayers

      May 11, 2026
    • ECONOMY
      1. INTEREST RATE
      2. View All

      Global Credit Spreads Hit 2022 Low as Investors Chase Higher Yields Amid Economic Optimism

      January 26, 2026

      In ’26, tax the wealthy? This year, these three important wealth tax concerns may be resolved.

      January 10, 2026

      A watchdog group says the IRS has only made “limited progress” in figuring out how often people making less than $400,000 are audited.

      September 3, 2025

      Like Trump, Kamala Harris wants to keep tip taxes low. Some people think the idea is “very silly,” and it doesn’t matter who comes up with it.

      August 19, 2025

      Powell’s legacy as Fed chair is fighting inflation and Trump. He may lose the battle against both

      May 12, 2026

      The unsinkable U.S. economy cruises on, despite headwinds from the Iran war

      May 11, 2026

      Trump Expected to Accelerate New Tariffs After Federal Trade Court Blocks Latest Plan

      May 9, 2026

      Why elevated U.S. tariffs could stick around for years — even after Trump leaves office

      May 1, 2026
    • NEWS
      1. ALL NEWS
      2. COMPANIES
      3. CURRENCY FOREX
      4. INDEXES
      5. View All

      This Philly man has spent over $18,000 buying almost 100 Sixers-Knicks tickets for out-of-town basketball fans

      May 15, 2026

      EBay permanently bans GameStop CEO Ryan Cohen for putting its community ‘at risk’ following takeover attempt

      May 15, 2026

      Here’s how much weight-loss drugs Wegovy, Zepbound and Foundayo cost — and how to pick the best GLP-1 for you

      May 1, 2026

      Sleeping Rough or Seeking Shelter? Supreme Court Faces Showdown Over Homelessness Fines

      April 29, 2026

      5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026

      May 23, 2026

      Dunkin’ is making its return to the stock market – with a new twist

      May 15, 2026

      As Nvidia earnings draw closer, here are 5 things investors need to watch

      May 12, 2026

      Big Tech’s AI spending is depriving investors of juicy payouts

      May 12, 2026

      FOREX-Dollar Declines Amidst Asian and European Currency Surge

      January 24, 2026

      Goldman Sachs Warns of Potential Risks to European Stocks if Trump Secures Presidential Victory

      January 24, 2026

      China Securities Regulator Halts Restricted Share Lending in Move to Stabilize Stock Markets

      August 14, 2025

      Global Markets Wobble as China’s Evergrande Faces Liquidation, Federal Reserve Meeting Looms

      June 22, 2024

      India Bonds Make Waves Worldwide as Foreign Investors Rush In

      April 1, 2026

      TSX Futures Rally as Commodity Prices Surge Ahead of Bank of Canada Decision

      January 24, 2026

      Today’s Stock Market: US Equities Rise Once More, Fueled by Tech Sector Momentum.

      January 22, 2026

      Morgan Stanley and JPMorgan Advise Purchasing the dip Amid Treasury Sell-off Downturn.

      January 21, 2026

      5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026

      May 23, 2026

      This Philly man has spent over $18,000 buying almost 100 Sixers-Knicks tickets for out-of-town basketball fans

      May 15, 2026

      EBay permanently bans GameStop CEO Ryan Cohen for putting its community ‘at risk’ following takeover attempt

      May 15, 2026

      Dunkin’ is making its return to the stock market – with a new twist

      May 15, 2026
    • LIST & RANKING

      Top CEO’s of the Year

      January 18, 2026

      The force behind the recent surge in stocks is Big Tech, not the Fed. What investors should know is as follows.

      June 16, 2024

      Top 25 Independent Advisors

      February 27, 2024

      The Best Online Brokers

      January 18, 2024

      The Most Profitable Businesses

      January 18, 2024
    Donate
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    Home » The Trump-Musk feud is exploding right before our eyes. How EVs contributed.
    Economy

    The Trump-Musk feud is exploding right before our eyes. How EVs contributed.

    Tesla shares finish sharply lower Thursday as the EV company’s CEO and President Trump continue to clash
    June 17, 2025Updated:July 2, 2025No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    im 80566307
    Share
    Facebook Twitter LinkedIn Pinterest Email

    It’s turning out to be the breakup of the decade in a Washington full of wealthy people and powerful figures. And everyone on the planet can witness it occurring.

    On Thursday, President Donald Trump and Elon Musk, his former close advisor and major political backer, started a savage public spat that may have long-term effects on the richest man in the world, the president, and the Republican Party as a whole.

    The two dodged almost everything, with Musk suggesting that the president should be impeached, Trump threatening Musk’s businesses, and Musk even bringing up accusations against Jeffrey Epstein.

    It’s turning out to be the breakup of the decade in a Washington full of wealthy people and powerful figures. And everyone on the planet can witness it occurring.

    On Thursday, President Donald Trump and Elon Musk, his former close advisor and major political backer, started a savage public spat that may have long-term effects on the richest man in the world, the president, and the Republican Party as a whole.

    The two dodged almost everything, with Musk suggesting that the president should be impeached, Trump threatening Musk’s businesses, and Musk even bringing up accusations against Jeffrey Epstein.

    During a meeting with German Chancellor Friedrich Merz in the Oval Office, Trump told reporters, “Elon and I had a great relationship.” “I’m not sure we will anymore.” He subsequently claimed to be “extremely disappointed in Elon” and implied that Musk was afflicted with “Trump derangement syndrome.”

    Boom.

    Musk quickly retaliated, posting on his social media platform X minutes after breaking fundraising records by spending almost $300 million to help propel Trump to the presidency: “Without me, Trump would have lost the election, Democrats would have controlled the House, and Republicans would be 51-49 in the Senate.” “Such ingratitude,” he added.

    From there, the explosion spread like a mushroom.

    Trump said on Truth Social that “terminating Elon’s Governmental Subsidies and Contracts, which are reportedly worth $38 billion, is the easiest way to save money in our Budget, Billions and Billions of Dollars.” Trump had given Musk broad authority with little oversight as part of the Department of Government Efficiency to slash through the federal government, rooting out so-called waste, fraud, and abuse.

    Musk stated that SpaceX, his rocket business, would “begin decommissioning its Dragon spacecraft immediately” in response to Trump’s threat. Dragon is used by the U.S. government to deliver goods and passengers to the International Space Station.

    Despite receiving billions of dollars in government subsidies, Tesla’s stock price dropped more than 14% on Thursday afternoon. During Musk’s tenure in the White House, the automaker, which provides a significant portion of his riches, has seen a number of financial setbacks. Prior to his departure, Musk explained that he had to leave Washington in order to concentrate on growing the struggling business.

    Additionally, Trump said that Musk had “asked him to leave” because he had been “wearing thin” while at the White House.

    Musk responded with a flurry of his own X postings. What a blatant falsehood. He described the accusation as “so sad.”

    He proceeded to unleash what he referred to as “the really big bomb.”

    In reference to the documents of the inquiry into the late convicted sex offender Jeffrey Epstein, he claimed that Trump “is in the Epstein files.” Musk added: “Save this post for later.” “That is the true reason they have not been made public,” Musk stated. The truth will be revealed.

    Some of the president’s supporters have been fixated on the Epstein probe, and the Department of Justice disclosed what it called the “first phase” of records pertaining to it in February. It has long been known that records made public in court cases involving Epstein mention Trump and other well-known individuals, such as Bill Clinton. However, Trump is not charged with any misconduct related to Epstein.

    Musk’s remarks on Thursday were attributed by the White House to his disdain of the GOP megabill.

    In a statement, White House press secretary Karoline Leavitt stated, “Elon is upset with the One Big Beautiful Bill because it does not include the policies he wanted. This is an unfortunate episode from him.” “The President is committed to enacting this landmark law and restoring our nation’s greatness.”

    Although Trump and Musk have previously disagreed on policy—Musk, for instance, criticized Trump’s broad tariff system, saying it would hurt his companies—the dispute over the megabill exposed a deeper rift between the two erstwhile pals.

    Trump asserted in the White House on Thursday that Musk “had no problem with it” and had “understood the inner workings of this bill better than almost anybody.” However, Trump claimed that a provision of the measure that would reduce electric vehicle subsidies and jeopardize Tesla had “disturbed” Musk.

    Trump asserted in the White House on Thursday that Musk “had no problem with it” and had “understood the inner workings of this bill better than almost anybody.” However, Trump claimed that a provision of the measure that would reduce electric vehicle subsidies and jeopardize Tesla had “disturbed” Musk.

    Trump added that Musk had been let down when the White House withdrew its nomination of Jared Isaacman to head NASA last week. Trump claimed that although Musk had urged Isaacman for the position, the president had chosen to choose someone else because Isaacman “happened to be a Democrat, like totally Democrat.”

    Trump claimed, “Musk had a problem all of a sudden, and he only got it when he learned that we were going to reduce the EV mandate, which is billions and billions of dollars.”

    In a subsequent article, Musk refuted Trump’s assertion that he was aware of the bill’s “inner workings,” stating that it “was never shown to me even once.”

    Musk stated, “Get rid of the MOUNTAIN of DISGUSTING PORK in the bill, but keep the EV/solar incentive cuts in it, even though no oil and gas subsidies are touched (very unfair!.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Powell’s legacy as Fed chair is fighting inflation and Trump. He may lose the battle against both

    May 12, 2026

    The unsinkable U.S. economy cruises on, despite headwinds from the Iran war

    May 11, 2026

    Trump Expected to Accelerate New Tariffs After Federal Trade Court Blocks Latest Plan

    May 9, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Aeries Technology: A Global Professional Services Leader in Business Transformation

    June 10, 2024

    As Christmas sales break records, stock buybacks soar.

    December 5, 2025

    These are the 2024 Moneyist articles that got the most views.

    December 31, 2024

    These other stocks, along with Coinbase and Block, could join the S&P 500 in the next shake-up.

    December 6, 2025
    Don't Miss
    Companies

    5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026

    May 23, 2026

    Why Ford Stock Is Suddenly Gaining Massive Attention Ford Motor Company stock is attracting major…

    7 Powerful Reasons IBM Quantum Computing Could Become the Next Big Tech Winner

    May 23, 2026

    Nvidia’s AI Expansion Is Quietly Reshaping the Entire Stock Market

    May 23, 2026

    This Philly man has spent over $18,000 buying almost 100 Sixers-Knicks tickets for out-of-town basketball fans

    May 15, 2026
    Stay In Touch
    • Facebook
    • Instagram

    Subscribe to Updates

    Get the latest Update

    Facebook Twitter Instagram

    BourseWatch

    • All News
    • Economy
    • List & Ranking
    • Market
    • News

    Recent Post

    • QIETSSI2T5KKTPZG6YWAQNTFGE
      5 Strong Reasons Ford Stock Is Surging to Multi-Year Highs in 2026
    • images 3
      7 Powerful Reasons IBM Quantum Computing Could Become the Next Big Tech Winner
    • ai stocks rising graph screen 768x432 1
      Nvidia’s AI Expansion Is Quietly Reshaping the Entire Stock Market

    Subscribe to Updates

    Get the latest creative news from BourseWatch

    © Boursewatch. Designed by Asad Rizvi

    • Privacy Policy
    • Terms
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.