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Home » Trump threatens Musk companies’ contracts
Political

Trump threatens Musk companies’ contracts

i2wtcBy i2wtcJune 5, 2025No Comments2 Mins Read
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President Donald Trump and Elon Musk (R) speak before departing the White House on his way to his South Florida home in Mar-a-Lago in Florida on March 14, 2025.

Roberto Schmidt | Afp | Getty Images

President Donald Trump on Thursday called Elon Musk “CRAZY” and threatened to cut his companies’ government contracts after the Tesla CEO criticized the president’s big budget bill.

“Go ahead, make my day,” Musk promptly responded.

The stunning blow-up between the world’s richest man and the president of the United States comes less than a week after they swapped compliments during an Oval Office send-off celebrating Musk’s time leading the Department of Government Efficiency.

Trump in a bitter Truth Social post Thursday afternoon wrote that Musk was “wearing thin” by the end of his tenure as a “special government employee.”

“I asked him to leave,” Trump claimed.

The angry swipe came after Musk blasted the president amid an escalating clash that stemmed from the mega-billionaire’s vocal opposition to Trump’s massive tax-cut bill.

Trump earlier Thursday said Musk was “upset” that the budget package cuts electric vehicle credits.

“I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY!” Trump wrote in the post.

Musk has aggressively trashed the bill on the grounds that it will add trillions of dollars to the nation’s deficits. He is actively urging Senate Republicans to “kill the bill,” which comprises a huge swath of Trump’s domestic agenda.

The president wrote in a second Truth Social post, “The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it!”

Musk is the CEO of Tesla and SpaceX and founded The Boring Company, xAI and Neuralink. He also owns the social media platform X.

Tesla’s share price sharply dropped after Trump’s comment.

This is breaking news. Please refresh for updates.



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