The support of Elon Musk for Donald Trump has proved to be a financial disaster. The public break of the already unusual pair is absurd from hour. The US president brutally rejected a provisional offer of peace.
What had to come has now taken place: two ego center can no longer smell. We of course talk about US President Trump and Tech billionaire Musk. Within a few hours the two tore their partnership in them according to all the rules of art.
The mutual attacks now vary from pedophilia to the threat of removing the removal of billions of government contracts. The public dispute becomes a financial disaster, especially for Musk.
As a reminder: the billionaire supported Trump’s re -election by almost $ 300 million and a complex tour of competitive American states. He was rewarded with a semi -official main post in a newly established Government Efficiency Authority (Doge), the burning of Teslas, collapsed stock prices and angry employees who accused him of jeopardizing his entrepreneurial goals.
Musk has to go through huge losses
His “investment” in Trump turned out to be an expensive soap without a happy ending. In short: pipe crepe. The stock price of Tesla crashed by 14 percent on Thursday. The Bloomberg Financial Service estimates that Musk’s assets have become almost $ 34 billion in one day.
The Tech-Guru is also rid of his beloved government job. Employees of the White House started to limit the influence of Musk for a long time. In silence they limited his powers in personnel and budget decisions.
Tax plans ensured that the barrel flooded
The billionaire had actually began to drastically shorten the state costs of the United States. With his “Big Beautiful Bill”, Trump has completely different plans. The US President wants to do his voters tax gifts and set the course for prestige projects.
$ 50 billion for the border wall in Mexico, 150 billion for new drone technology and the first part of the 175 billion expensive rocket defense system “Golden Dome”, which technically considered military experts rather unrealistic.
On the other hand, savings are made at food aid, trade fairs for students from poor parents, for subsidies for renewable energies – and especially in health care. Or, as Trump calls it: “The largest tax reduction in history.”
Trump now explained self -satisfied that Musk had no problem with the law – until he found out that this includes a reduction in billions of billions of subsidies for electric vehicles. “The easiest way to save billions and millions of dollars in our household is the end of the state subsidies and contracts of Elon.”
Musk described the extensive tax and expenditure law as a “horrible atrocity”. He swore to combat every Republican MP who supports the law and indicated that he wanted to support the establishment of a new party.
Trump flashes Musk
Later Musk made institutions to make the controversy harmless. So he commented on his online platform X the call of the hedge fund Billionair Bill Ackman, Musk and Trump should reconcile themselves again because there was a stronger together with the words: “They are not wrong.” Trump, however, told the Omroep ABC that he was not interested in a conversation with Musk and called him “the man who lost his mind”.
The American president kept going to the fire by announcing that he wanted to sell his Tesla. Trump bought the car in March as a sign of support for the technical billionaire. The last action of this bizarre soap continues to wait …
Source: Krone
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
