Trump Considers Divesting Tesla Following Disagreement with Musk
President Donald Trump is reportedly contemplating selling or donating a red Tesla Model S he acquired in March. This development comes shortly after tensions escalated between Trump and Tesla CEO Elon Musk.
Background of the Tesla Purchase
Trump initially purchased the Tesla vehicle to demonstrate support for the electric car manufacturer. At that time, Musk was facing criticism related to his involvement in government initiatives aimed at reducing federal spending and workforce size.
The car is currently parked outside the White House, symbolizing a once-favorable stance toward Tesla.
Rift Over Tax Legislation
The relationship between Trump and Musk took a downturn after Musk publicly criticized a significant tax bill that Trump is urging Congress to approve. In response, Trump threatened to rescind federal contracts with Musk’s companies, including SpaceX.
Sources indicate that no final decision has been made regarding the fate of the Tesla at the time of this report.
Public Attention on the Dispute
Photos of White House officials, including the press secretary and a special assistant to Trump, sitting inside the Tesla have circulated, emphasizing the vehicle's visibility within presidential circles.
Key Points Summary
- Trump is considering selling or giving away his red Model S Tesla purchased in March.
- Their fallout was triggered by Musk’s criticism of a major tax bill supported by Trump.
- Trump has threatened to withdraw federal contracts from Musk's companies, including SpaceX.
- The Tesla remains parked outside the White House, symbolizing the ongoing public interest.
