Trump ‘not interested in talking to Musk’ as they feud over tax-cut bill: official – World

The president of the United States, Donald Trump, is not interested in talking with his former ally Elon Musk, in the midst of a bitter dispute on the president’s tax bill, a White House official said on Friday, adding that no phone call was planned between the two men for the day.

A separate official from the White House had said previously that Trump and Musk were going to talk to each other on Friday.

Previously, Donald Trump threatened to cut government contracts to Elon Musk companies and the richest man in the world suggested that the president of the United States should be accused, marking a marked end for an unlikely alliance and leaving the spectators wondering what the following was.

The hostilities between the former allies intensified when the president criticized the CEO of Tesla, Musk in the oval office and the couple, the verbal spikes were launched together on their social media platforms: Trump’s Truth Social and Musk’s X.

“The easiest way to save money in our budget, billions and billions of dollars, is to rescind Elon’s subsidies and government contracts,” Trump published.

In the market prior to Friday, Musk’s shares of Tesla rose to five percent after the first news that the two men were scheduled to speak.

Tesla had closed 14 percent on Thursday, losing around $ 150 billion in market value at the highest decrease in a single day of value in the history of the manufacturer of electric vehicles.

Tesla Inc market capitalization has fallen 29.3pc to $ 917 billion so far this year, the largest fall among the large companies in the world.

Minutes after the final bell, Musk replied: “Yes”, to a position in X saying that Trump should be accused, an unthinkable movement in Congress where Trump Republicans have majority in both cameras.

The problem between the two began to prepare days ago, when Musk denounced the fiscal sweep and Trump’s expenditure bill.

Initially, the president maintained his language while Musk campaigned to torpedo the bill, saying that he would add too much to the $ 36.2 billion of debts of the nation.

Trump broke his silence on Thursday, telling journalists that he was “very disappointed” in Musk.

“Look, Elon and I had a great relationship. I don’t know if we’ll do it,” Trump said.

While Trump spoke, Musk responded in real time at X.

“Without me, Trump would have lost the elections,” Musk wrote, who spent almost $ 300 million in Trump’s support and other Republicans in last year’s elections.

In another publication, Musk said that Trump’s exclusive tariffs would push the United States to a recession at the end of this year.

Musk’s businesses also include Rocket Company and government contractor Spacex and his Starlink satellite unit.

Musk, whose space business plays a fundamental role in the space program of the United States government, said that, as a result of Trump’s threats, he would begin to dismantle Spacex’s Dragon spacecraft. Dragon is the only American spacecraft capable of sending astronauts to the International Space Station. Late on Thursday, Musk backed the threat.

And in a signal of a possible detention to come, Musk later wrote: “You are not wrong”, in response to multimillionaire investor Bill Ackman saying that Trump and Musk should make peace.

Feud puts at risk Spacex contracts of $ 22 billion, shaking the American space program

Around $ 22 billion of Spacex government contracts are at risk and multiple space programs in the United States could face dramatic changes in Musk’s consequences and Trump’s explosive dispute.

Taking Trump’s threat to terminate government contracts from Musk seriously, Musk said he would begin to “dismantle” the Spacex dragon spacecraft used by NASA.

Hours later, however, Musk seemed to reverse the course.

Responding to a follower about X and Trump and Trump to “cool and step back for a couple of days,” Musk wrote: “Good advice. Ok, we will not dismantle Dragon.”

Even so, Musk’s mere threat to abruptly draws his Dragon spacecraft outside the service marked an unprecedented burst of one of NASA’s main commercial partners.

NASA’s press secretary, Bethany Stevens, refused to comment on Spacex, but said: “We will continue working with our industry partners to ensure that the president’s objectives are met in space.”

Almizcle ‘Very Welcome’ in Europe: Officer

Separately, a spokesman for the European Commission said today that Musk is “very welcome” in Europe.

In the daily informative session of the commission, spokeswoman Paula Pinho was asked if Musk had communicated with the European Union in order to relocate her businesses or establish new ones.

“He is very welcome,” she replied with a smile.

The spokesman for the Tech Matters commission, Thomas Regnier, followed by a stressful, direct face, that “they are very welcome to start and climb in the EU.”

“That is precisely the goal of choosing Europe,” he said, referring to an EU initiative in favor of new companies and business expansion.

Hitting

Trump and Musk are political fighters with an inclination to use social networks to attack their perceived enemies, and many observers had predicted a fall.

Musk had become one of Trump’s most visible advisors as head of the Government’s efficiency department, which increased a radical and controversial effort to reduce the size of the federal workforce and the cutting expense.

After leaving that role, Musk went this week to what Trump has called his “great and beautiful bill”, calling him an “unpleasant abomination” that would deepen the federal deficit.

His attacks amplified a crack within the Republican party that could threaten the perspectives of the Senate bill.

Non -partisan analysts say that Trump’s invoice could add $ 2.4TR to $ 5tr to the debt of $ 36.2TR of the nation.

A prolonged dispute between the couple could make it difficult for Republicans to maintain control of the congress in the middle of the period of next year if it leads to a loss of Musk’s campaign spending or erodes the support of Trump in Silicon Valley.

“Elon really was a significant part of the land game in this last cycle,” said a republican strategist with links with Musk and the Trump administration that spoke Reuters under condition of anonymity.

“If you sit in half of the exams, that worries me.”

On Tuesday, Musk published that “in November next year, we said goodbye to all the politicians who betrayed the American people.”

Musk had already said that he planned to reduce his political spending in the future. Musk’s growing approach in politics caused generalized protests in Tesla sites, reducing sales, while investors worried that Musk’s attention was too divided.



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