North India Statesman
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News India Live, Digital Desk: American President Donald Trump “I hope to do well with Alan Musk Tesla,” said on Saturday, but he said that he has no plans to talk to the billionaire.
Speaking in Air Force One, Trump said that he was not thinking of Tesla’s CEO and indicated that the government could review Musk’s federal contracts. He said, “We will look at everything.” “This is too much money.”
The change has come after a close alliance between the two for several months, in which Musk also led Trump’s attempt to reduce government expenditure. However, their relationship broke after Trump’s Republican Tax and Expenditure Bill, which was severely criticized by Musk.
Musk has not directly responded to Trump’s comments, but is expressing his disagreement over his owned platform X. Describing the tax bill as a disaster, he carried forward the post and said that this would damage the Republican and increase the national debt, which is now $ 36.2 trillion. Musk also called for a new political party to represent “80% of the middle class people”.
Billionaire, who once helped Trump’s 2024 campaign, now says that Trump should be impeached. The sudden change of Musk has created a political stir, especially when the Bill is moving through the Congress even after the Bill is narrowly passed in the House.
From praise to controversy
A week ago, Trump praised Musk at an event held at the White House, in which his leadership was celebrated in the Government Efficiency Department. Musk had promised to cut $ 2 trillion from the federal budget, but he was able to make only half a percent. Tensions increased after Trump withdrew by Trump’s nomination of Musk’s colleague Jred Isaqman to lead NASA. Sources say that the White House official Sergio Gore, who had previously confronted Musk, played a role in that decision.
Annoyed by Bill and Trump’s actions, Musk also threatened to close SpaceX’s dragon spacecraft, which is important for NASA missions. He later withdrew his statement.
Political and financial results
This public dispute has shook both Wall Street and Washington. Tesla’s shares fell by 14% on Thursday, causing a loss of $ 150 billion in the history of the company, which was the biggest loss of one day in the company’s history, but on Friday it increased slightly. Meanwhile, protests on Tesla’s facilities have begun, as critics have accused Musk of being distracted by politics.
Musk’s long -time pro -investor James Fishback urged him to apologize and said that Trump showed “humility and patience”, while Musk’s behavior was “disturbing”.
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