Trump Considers Selling Red Tesla Amid Fallout with Elon Musk

President Donald Trump announced a joint press conference with Elon Musk after Musk stepped down from his role in the Department of Government Efficiency. Musk praised the opportunity to reduce wasteful spending but criticized a new spending bill supported by Trump. Despite resigning, Musk remains an influential political figure with substantial contributions to Trump-aligned groups ahead of 2026 midterms.

Trump Praises Elon Musk as He Concludes Role Leading DOGE Department

Elon Musk concluded his role as head of the Department of Government Efficiency after a 130-day term, drawing praise from former President Donald Trump. Musk's tenure reportedly saved $175 million through efficiency initiatives, despite criticism from Democratic lawmakers. As Musk returns focus to Tesla and SpaceX, Tesla shares have increased amid investor confidence.

Trump’s $175B Golden Dome Missile Shield Sparks Debate Over Security and Musk’s Gain

May 28, 2025

Former President Trump has proposed the $175 billion Golden Dome missile defense system to shield the US from long-range threats by 2029. While promising a near-perfect shield, experts question its feasibility and escalating costs, estimated up to $831 billion. Elon Musk’s SpaceX stands to gain substantial contracts, sparking ethical concerns over his dual government and business influence. The system’s ambitious technology faces international criticism and political scrutiny ahead.

Elon Musk Deflects Questions on Alleged Drug Use Amid Trump Campaign Support

During a press event attended by President Donald Trump, Elon Musk sidestepped questions about a report alleging his use of ketamine, Ecstasy, and psychedelic mushrooms during the Trump 2024 campaign. Musk challenged the credibility of the report’s source and highlighted his significant financial backing and leadership in government spending cuts. The White House acknowledged Musk’s contributions but declined to comment on the drug use claims. The allegations remain unverified as the story develops.

Elon Musk Explains Black Eye: Son’s Punch Sparks Public Curiosity

Elon Musk appeared with a black eye during his farewell at the White House, explaining the bruise was caused by a playful punch from his son, X Æ A-Xii. The incident attracted media attention amid allegations against Musk, but he clarified it stemmed from family fun. Musk also expressed his ongoing advisory role despite leaving the Department of Government Efficiency.

Donald Trump Considers Selling Tesla Amid Fallout with Elon Musk

Donald Trump is considering selling a red Tesla he purchased in March to support Elon Musk, following a public fallout with the tech billionaire. The split has affected Tesla’s stock, which dropped more than 14%, wiping out around $100 billion in market value before recovering. The incident underscores the tensions between Trump and Musk, sparked by Musk’s criticism of Trump’s fiscal policies. The Tesla remains parked at the White House, now a symbol of the strained relationship.

Elon Musk and Donald Trump Clash Over Tax Bill Dispute

The relationship between Elon Musk and Donald Trump has sharply deteriorated after Musk denounced Trump's tax and spending bill, calling it wasteful. Trump responded with disappointment, accusing Musk of ingratitude and financial motivation. The bill passed by a slim margin, impacting Tesla through removed EV tax breaks. The public spat highlights significant political and personal tensions between the figures.

Elon Musk and Donald Trump Clash Over Tax Bill Amid Growing Rift

Elon Musk and Donald Trump’s once-close relationship has fractured amid Elon Musk’s staunch opposition to Trump’s tax and spending bill, dubbed the "One Big Beautiful Bill," which recently passed the House of Representatives. Musk criticized the bill for excessive spending and was particularly concerned about cuts to electric vehicle mandates affecting Tesla. Trump expressed disappointment, alleging Musk knew the bill’s contents but opposed it only after leaving his advisory role. The bill’s passage led to Tesla’s stock decline and an escalating public dispute involving accusations of ingratitude and political influence.

Trump Clashes with Elon Musk Over Government Contracts and Tax Bill

A sharp confrontation between President Donald Trump and entrepreneur Elon Musk has emerged over a major tax bill and government contracts. Trump accused Musk of being "CRAZY" and proposed ending subsidies to Musk's companies as a budget-saving measure. Musk, whose ventures include Tesla and SpaceX, has vigorously opposed the tax bill citing deficit concerns. The dispute has impacted Tesla's stock and signals tensions surrounding federal support for Musk's enterprises.

Tesla’s Market Value Drops $152 Billion Following Musk-Trump Dispute

Tesla’s valuation fell by $152 billion, dropping below $1 trillion following clashes between CEO Elon Musk and former President Trump over government contracts and EV legislation. The dispute has exacerbated Tesla’s challenges including vehicle defects in Europe and rivalry in autonomous ride-hailing services. Musk's outspoken political stance signals ongoing tension that could impact Tesla's market performance.

Elon Musk Calls for Trump’s Impeachment, Alleges Inclusion in Epstein Files

Elon Musk has publicly advocated for the impeachment of President Donald Trump following a bitter dispute. Musk alleges Trump's name is included in the confidential Jeffrey Epstein files, suggesting this is why these records remain undisclosed. The high-profile conflict underscores tensions between the two billionaires amid wider discussions about Epstein's network that implicated numerous prominent figures. Musk insists the truth will ultimately emerge, sparking fresh debate on political transparency and accountability.

Tesla Shares Plunge 14% Amid Elon Musk and Trump Public Dispute

Tesla's stock plunged 14%, its largest one-day drop, amid an escalating public feud between CEO Elon Musk and former President Donald Trump over tax legislation and contract threats. The conflict erased $153 billion from Tesla's market value, highlighting how closely its stock is tied to Musk's personal controversies. Experts warn this issue adds significant uncertainty for investors and the company's future earnings.

Elon Musk Loses $34 Billion Amid Public Dispute with Donald Trump

Elon Musk, CEO of Tesla, suffered a $34 billion personal net worth loss following a public dispute with former US President Donald Trump. Tesla shares fell by 14%, wiping out over $150 billion in market value amid investor concerns. The conflict originated over disagreements on tax legislation and electric vehicle incentives, posing potential challenges for Tesla's regulatory approvals and business outlook.

India Aims to Become a Leading Global Defence Exporter, Says PM Modi

Prime Minister Narendra Modi has announced India's ambition to become one of the world's leading defence exporters, highlighting the nation's growing defence ecosystem and the importance of self-reliance. He emphasized the role of the 'Make in India' initiative and urged citizens, especially youth in Jammu and Kashmir, to support domestic manufacturing, linking this mission to employment generation and economic empowerment across the country.

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