Trump-Musk Feud Threatens Business and GOP Support

A public feud between Donald Trump and Elon Musk erupted after Musk criticized Trump’s tax and spending bill, calling it fiscally irresponsible and harmful to his business interests. The conflict escalated when Musk called for Trump’s impeachment and alleged Trump’s connection to Jeffrey Epstein, prompting Trump to threaten revocation of billions in federal contracts and subsidies for Musk’s companies. Tesla’s stock plunged over 14%, erasing nearly $150 billion in market value amid investor concerns about the loss of government support. The standoff threatens Musk’s pledged financial backing of hundreds of millions for Trump and the GOP, as well as SpaceX’s government business. The dispute has allowed other Republicans to challenge Trump’s agenda, complicating passage of his legislative priorities. Calls for reconciliation from figures like Bill Ackman have emerged, but both sides appear headed for a prolonged confrontation.