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US President Donald Trump ‘disappointed' in Elon Musk's public removal of support

US President Donald Trump ‘disappointed' in Elon Musk's public removal of support

7NEWSa day ago

US President Donald Trump says he is 'disappointed' by Elon Musk 's public opposition to the sweeping tax-cut and spending bill that is at the heart of Trump's agenda.
'Look, Elon and I had a great relationship. I don't know if we will anymore,' Trump said in the Oval Office.
'He said the most beautiful things about me, and he hasn't said bad about me personally, but I'm sure that'll be next. But I'm, I'm very disappointed in Elon. I've helped Elon a lot.'
Trump also asserted that Musk's days of blistering attacks on the bill were motivated by the proposed elimination of consumer tax credits for electric vehicles.
Musk, the CEO of electric vehicle maker Tesla, has said he opposes the bill because it will increase federal deficits.
Trump suggested that Musk, who received a praise-filled send-off from Trump last week after overseeing his federal bureaucracy cost-cutting campaign, was upset because he missed working for Trump.
'He's not the first,' Trump said.
'People leave my administration ... then at some point they miss it so badly, and some of them embrace it and some of them actually become hostile.'
As Trump was speaking, Musk wrote on X, 'Slim Beautiful Bill for the win', a reference to the bill's official title, the Big Beautiful Bill Act.
Musk followed that up with another post, saying he was fine with the cuts to electric vehicle credits as long as Republicans removed what he called a 'mountain of disgusting pork' in wasteful spending from the bill.
'Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate,' the billionaire said in a subsequent post.
Musk came into the government with brash plans to cut $US2 trillion ($A3.1 trillion) out of the federal budget.
He left last week having achieved far less than that, having cut about half of one per cent of total spending.
Musk has been a powerful Trump ally, spending about $US250 million to boost Republicans in the 2024 election and then overseeing Trump's Department of Government Efficiency.
His work eliminating thousands of federal jobs and cutting billions of dollars in foreign aid and other programs caused disruption across federal agencies while prompting widespread protests at Tesla outlets in the US and Europe.
Shares of Tesla extended losses after Trump's criticism of Musk, falling more than eight per cent on a day otherwise devoid of news for the electric carmaker.
- with AP

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Trump has 'no plans' to speak to Musk as feud persists
Trump has 'no plans' to speak to Musk as feud persists

The Advertiser

time21 minutes ago

  • The Advertiser

Trump has 'no plans' to speak to Musk as feud persists

Donald Trump says he has no plans to speak with Elon Musk, signalling the US president and his former ally might not resolve their feud over a sweeping tax-cut bill any time soon. Addressing reporters on Friday aboard Air Force One, Trump said he wasn't "thinking about" the Tesla CEO. "I hope he does well with Tesla," Trump said. However, Trump said a review of Musk's extensive contracts with the federal government was in order. "We'll take look at everything," the president said. "It's a lot of money." Trump may get rid of the red Tesla Model S that he bought in March after showcasing Musk's electric cars on the White House lawn, a White House official said, speaking on condition of anonymity. Musk, for his part, did not directly address Trump but kept up his criticism of the massive Republican tax and spending bill that contains much of Trump's domestic agenda. On his social-media platform X, Musk amplified remarks made by others that Trump's "big beautiful bill" would hurt Republicans politically and add to the nation's $US36.2 trillion ($A55.8 trillion) debt. He replied "exactly" to a post by another X user that said Musk had criticised Congress and Trump had responded by criticising Musk personally. Musk also declared it was time for a new political party in the United States "to represent the 80 per cent in the middle!" People who have spoken to Musk said his anger has begun to recede and they think he will want to repair his relationship with Trump, according to one person who has spoken to Musk's entourage. The White House statements came one day after the two men battled openly in an extraordinary display of hostilities that marked a stark end to a close alliance. Tesla stock rose on Friday, clawing back some losses from Thursday's session, when it dropped 14 per cent and lost $US150 billion ($A231 billion) in value, the largest single-day decline in the company's history. Musk, the world's richest person, bankrolled a large part of Trump's 2024 presidential campaign. Trump named Musk to head a controversial effort to downsize the federal workforce and slash spending. Trump feted Musk at the White House a week ago as he wrapped up his role as head of the Department of Government Efficiency. Musk cut only about half of one per cent of total spending, far short of his brash plans to axe $US2 trillion ($A3.1 trillion) from the federal budget. Since then, Musk has denounced Trump's tax-cut and spending bill as a "disgusting abomination". His opposition is complicating efforts to pass the bill in Congress where Republicans hold a slim majority. Trump had initially stayed quiet while Musk campaigned to torpedo the bill, but broke his silence on Thursday, telling reporters he was "very disappointed" in Musk. Musk, who spent nearly $US300 million ($A462 million) in the 2024 elections, said Trump would have lost without his support and suggested he should be impeached. Trump suggested he would terminate government contracts with Musk's businesses, which include rocket company SpaceX and its satellite unit Starlink. The billionaire then threatened to decommission SpaceX's Dragon spacecraft, the only US spacecraft capable of sending astronauts to the International Space Station. Musk later backed off that threat. A prolonged feud could make it harder for Republicans to keep control of Congress in the 2026 midterm elections if Musk withholds financial support or other major Silicon Valley business leaders distance themselves from Trump. Musk had already said he planned to curtail his political spending, and on Tuesday called for "all politicians who betrayed the American people" to be fired in 2026. His involvement with the Trump administration has provoked widespread protests at Tesla sites, driving down sales while investors fretted that Musk's attention was too divided. Donald Trump says he has no plans to speak with Elon Musk, signalling the US president and his former ally might not resolve their feud over a sweeping tax-cut bill any time soon. Addressing reporters on Friday aboard Air Force One, Trump said he wasn't "thinking about" the Tesla CEO. "I hope he does well with Tesla," Trump said. However, Trump said a review of Musk's extensive contracts with the federal government was in order. "We'll take look at everything," the president said. "It's a lot of money." Trump may get rid of the red Tesla Model S that he bought in March after showcasing Musk's electric cars on the White House lawn, a White House official said, speaking on condition of anonymity. Musk, for his part, did not directly address Trump but kept up his criticism of the massive Republican tax and spending bill that contains much of Trump's domestic agenda. On his social-media platform X, Musk amplified remarks made by others that Trump's "big beautiful bill" would hurt Republicans politically and add to the nation's $US36.2 trillion ($A55.8 trillion) debt. He replied "exactly" to a post by another X user that said Musk had criticised Congress and Trump had responded by criticising Musk personally. Musk also declared it was time for a new political party in the United States "to represent the 80 per cent in the middle!" People who have spoken to Musk said his anger has begun to recede and they think he will want to repair his relationship with Trump, according to one person who has spoken to Musk's entourage. The White House statements came one day after the two men battled openly in an extraordinary display of hostilities that marked a stark end to a close alliance. Tesla stock rose on Friday, clawing back some losses from Thursday's session, when it dropped 14 per cent and lost $US150 billion ($A231 billion) in value, the largest single-day decline in the company's history. Musk, the world's richest person, bankrolled a large part of Trump's 2024 presidential campaign. Trump named Musk to head a controversial effort to downsize the federal workforce and slash spending. Trump feted Musk at the White House a week ago as he wrapped up his role as head of the Department of Government Efficiency. Musk cut only about half of one per cent of total spending, far short of his brash plans to axe $US2 trillion ($A3.1 trillion) from the federal budget. Since then, Musk has denounced Trump's tax-cut and spending bill as a "disgusting abomination". His opposition is complicating efforts to pass the bill in Congress where Republicans hold a slim majority. Trump had initially stayed quiet while Musk campaigned to torpedo the bill, but broke his silence on Thursday, telling reporters he was "very disappointed" in Musk. Musk, who spent nearly $US300 million ($A462 million) in the 2024 elections, said Trump would have lost without his support and suggested he should be impeached. Trump suggested he would terminate government contracts with Musk's businesses, which include rocket company SpaceX and its satellite unit Starlink. The billionaire then threatened to decommission SpaceX's Dragon spacecraft, the only US spacecraft capable of sending astronauts to the International Space Station. Musk later backed off that threat. A prolonged feud could make it harder for Republicans to keep control of Congress in the 2026 midterm elections if Musk withholds financial support or other major Silicon Valley business leaders distance themselves from Trump. Musk had already said he planned to curtail his political spending, and on Tuesday called for "all politicians who betrayed the American people" to be fired in 2026. His involvement with the Trump administration has provoked widespread protests at Tesla sites, driving down sales while investors fretted that Musk's attention was too divided. Donald Trump says he has no plans to speak with Elon Musk, signalling the US president and his former ally might not resolve their feud over a sweeping tax-cut bill any time soon. Addressing reporters on Friday aboard Air Force One, Trump said he wasn't "thinking about" the Tesla CEO. "I hope he does well with Tesla," Trump said. However, Trump said a review of Musk's extensive contracts with the federal government was in order. "We'll take look at everything," the president said. "It's a lot of money." Trump may get rid of the red Tesla Model S that he bought in March after showcasing Musk's electric cars on the White House lawn, a White House official said, speaking on condition of anonymity. Musk, for his part, did not directly address Trump but kept up his criticism of the massive Republican tax and spending bill that contains much of Trump's domestic agenda. On his social-media platform X, Musk amplified remarks made by others that Trump's "big beautiful bill" would hurt Republicans politically and add to the nation's $US36.2 trillion ($A55.8 trillion) debt. He replied "exactly" to a post by another X user that said Musk had criticised Congress and Trump had responded by criticising Musk personally. Musk also declared it was time for a new political party in the United States "to represent the 80 per cent in the middle!" People who have spoken to Musk said his anger has begun to recede and they think he will want to repair his relationship with Trump, according to one person who has spoken to Musk's entourage. The White House statements came one day after the two men battled openly in an extraordinary display of hostilities that marked a stark end to a close alliance. Tesla stock rose on Friday, clawing back some losses from Thursday's session, when it dropped 14 per cent and lost $US150 billion ($A231 billion) in value, the largest single-day decline in the company's history. Musk, the world's richest person, bankrolled a large part of Trump's 2024 presidential campaign. Trump named Musk to head a controversial effort to downsize the federal workforce and slash spending. Trump feted Musk at the White House a week ago as he wrapped up his role as head of the Department of Government Efficiency. Musk cut only about half of one per cent of total spending, far short of his brash plans to axe $US2 trillion ($A3.1 trillion) from the federal budget. Since then, Musk has denounced Trump's tax-cut and spending bill as a "disgusting abomination". His opposition is complicating efforts to pass the bill in Congress where Republicans hold a slim majority. Trump had initially stayed quiet while Musk campaigned to torpedo the bill, but broke his silence on Thursday, telling reporters he was "very disappointed" in Musk. Musk, who spent nearly $US300 million ($A462 million) in the 2024 elections, said Trump would have lost without his support and suggested he should be impeached. Trump suggested he would terminate government contracts with Musk's businesses, which include rocket company SpaceX and its satellite unit Starlink. The billionaire then threatened to decommission SpaceX's Dragon spacecraft, the only US spacecraft capable of sending astronauts to the International Space Station. Musk later backed off that threat. A prolonged feud could make it harder for Republicans to keep control of Congress in the 2026 midterm elections if Musk withholds financial support or other major Silicon Valley business leaders distance themselves from Trump. Musk had already said he planned to curtail his political spending, and on Tuesday called for "all politicians who betrayed the American people" to be fired in 2026. His involvement with the Trump administration has provoked widespread protests at Tesla sites, driving down sales while investors fretted that Musk's attention was too divided. Donald Trump says he has no plans to speak with Elon Musk, signalling the US president and his former ally might not resolve their feud over a sweeping tax-cut bill any time soon. Addressing reporters on Friday aboard Air Force One, Trump said he wasn't "thinking about" the Tesla CEO. "I hope he does well with Tesla," Trump said. However, Trump said a review of Musk's extensive contracts with the federal government was in order. "We'll take look at everything," the president said. "It's a lot of money." Trump may get rid of the red Tesla Model S that he bought in March after showcasing Musk's electric cars on the White House lawn, a White House official said, speaking on condition of anonymity. Musk, for his part, did not directly address Trump but kept up his criticism of the massive Republican tax and spending bill that contains much of Trump's domestic agenda. On his social-media platform X, Musk amplified remarks made by others that Trump's "big beautiful bill" would hurt Republicans politically and add to the nation's $US36.2 trillion ($A55.8 trillion) debt. He replied "exactly" to a post by another X user that said Musk had criticised Congress and Trump had responded by criticising Musk personally. Musk also declared it was time for a new political party in the United States "to represent the 80 per cent in the middle!" People who have spoken to Musk said his anger has begun to recede and they think he will want to repair his relationship with Trump, according to one person who has spoken to Musk's entourage. The White House statements came one day after the two men battled openly in an extraordinary display of hostilities that marked a stark end to a close alliance. Tesla stock rose on Friday, clawing back some losses from Thursday's session, when it dropped 14 per cent and lost $US150 billion ($A231 billion) in value, the largest single-day decline in the company's history. Musk, the world's richest person, bankrolled a large part of Trump's 2024 presidential campaign. Trump named Musk to head a controversial effort to downsize the federal workforce and slash spending. Trump feted Musk at the White House a week ago as he wrapped up his role as head of the Department of Government Efficiency. Musk cut only about half of one per cent of total spending, far short of his brash plans to axe $US2 trillion ($A3.1 trillion) from the federal budget. Since then, Musk has denounced Trump's tax-cut and spending bill as a "disgusting abomination". His opposition is complicating efforts to pass the bill in Congress where Republicans hold a slim majority. Trump had initially stayed quiet while Musk campaigned to torpedo the bill, but broke his silence on Thursday, telling reporters he was "very disappointed" in Musk. Musk, who spent nearly $US300 million ($A462 million) in the 2024 elections, said Trump would have lost without his support and suggested he should be impeached. Trump suggested he would terminate government contracts with Musk's businesses, which include rocket company SpaceX and its satellite unit Starlink. The billionaire then threatened to decommission SpaceX's Dragon spacecraft, the only US spacecraft capable of sending astronauts to the International Space Station. Musk later backed off that threat. A prolonged feud could make it harder for Republicans to keep control of Congress in the 2026 midterm elections if Musk withholds financial support or other major Silicon Valley business leaders distance themselves from Trump. Musk had already said he planned to curtail his political spending, and on Tuesday called for "all politicians who betrayed the American people" to be fired in 2026. His involvement with the Trump administration has provoked widespread protests at Tesla sites, driving down sales while investors fretted that Musk's attention was too divided.

Build-up to a blow-up: Inside the Trump-Musk meltdown
Build-up to a blow-up: Inside the Trump-Musk meltdown

The Age

time5 hours ago

  • The Age

Build-up to a blow-up: Inside the Trump-Musk meltdown

This account of the crumbling ties between the president and Musk is based on interviews with 13 people with direct knowledge of the events, all of whom asked for anonymity to describe private discussions. Loading While the relationship had been losing steam over the past several months as Musk clashed with Trump officials, people close to both men said the disagreement over Isaacman accelerated the breakup. Musk had been planning to exit the White House relatively quietly – before Isaacman's ouster left him feeling humiliated. Now the two men, who seemed inseparable at one point, are on opposite sides. Musk suggested Trump should be impeached. Trump has threatened to cancel government contracts with Musk's companies. And in recent days, Trump has been telling people close to him that he believes Musk is acting 'crazy' and must be doing drugs. For Musk, there were few positions across the thousands in the federal government that mattered more to him than the head of NASA, because of its critical importance to SpaceX, his rocket business. So it was of great personal benefit to Musk when Trump chose Isaacman – who has flown to space twice with SpaceX – to oversee the agency. Isaacman's donations to Democrats had not always been a problem. While Trump privately told advisers that he was surprised to learn of them, he and his team had been briefed about them during the presidential transition, before Isaacman's nomination, according to two people with knowledge of the events. But by last Friday, when Trump went through the file containing details of the donations, he clearly had changed his mind. Musk barely mounted a defence of his friend. He was anxious about doing so with other people around, including Sergio Gor, director of the presidential personnel office, who had clashed with Musk over other staffing matters. Musk believed that he would be able to talk to the president at some point after the gathering, privately. But Musk never got a chance to make his case. In the hours after the Oval Office farewell, Trump decided he would withdraw Isaacman from consideration. Musk was stunned by how fast it all happened. Musk's allies have argued privately that Isaacman's recent donations to Democrats were not ideological and made at the encouragement of Senator Mark Kelly, a former astronaut. A spokesperson for the Democratic senator for Arizona declined to comment. Loading As Musk dealt with the fallout from the tanked nomination, he spent part of the weekend outside Missoula, Montana, as a guest at 'Symposium' – an event for tech executives, investors and startup founders thrown by Founders Fund, the venture capital firm founded by Peter Thiel. He mingled with guests at Paws Up, a high-end resort with glamping tents and luxury cabins set on 15,000 hectares of a historic cattle ranch. There, he had a wide-ranging conversation with Thiel, who could sense no coming feud with the president, according to a person familiar with the talks. Sam Altman, CEO of OpenAI who has been openly feuding with Musk, also attended, though the two men did not speak. For Musk, the goings-on in Washington were still top of mind. After spending a day in Montana, he turned his attention in earnest to assailing the top domestic priority of Trump: the Republican bill making its way through Congress that would slash taxes and steer more money to the military and immigration enforcement. Privately and publicly, Musk stewed over the bill, believing that its spending would erase the supposed savings of his Department of Government Efficiency (DOGE) and add to the federal deficit. Some Republican lawmakers had tried to assuage Musk's fears. On Monday, Republican House Speaker Mike Johnson walked the billionaire through the bill and said that Congress would try to codify the work done by DOGE. After the call, Johnson told associates that he felt Musk was uninformed about the legislation and the congressional process, but that he had been able reason with the world's richest man, according to a person familiar with the conversation. On Monday evening, Musk still had concerns. He hinted at them on his social platform X, reposting a chart apparently showing the yearly increase in the national debt. 'Scary,' Musk wrote as a caption. Trump did not respond to Musk's criticisms of the bill and maintained a light public schedule. The Trump-Musk alliance fully ruptured Thursday, six days after the two men put on the collegial display in the Oval Office. Musk, who had largely focused his attacks on Republicans in Congress, had started directing more ire at the president. So when Trump was asked about Musk's comments during a meeting with Friedrich Merz, the new German chancellor, the president finally let loose. He said he was 'disappointed' in Musk, downplayed the billionaire's financial support for his presidential campaign and posited that Musk developed 'Trump derangement syndrome' after leaving the White House. Musk fired back in real time. Using X, he unleashed a torrent of attacks. He claimed there were references to the president in government documents about Jeffrey Epstein, the sex offender, and indicated his support for the president's impeachment. He also said Trump's tariffs would cause a recession by the end of the year. Loading Later, Trump, using his own social media platform, threatened to cut billions of dollars in federal contracts with Musk's companies. By Thursday evening, Musk signalled he would be open to de-escalating the fight, while the president seemed to have little interest in an immediate reconciliation. White House officials said Trump had no plans to call Musk. 'President Trump is the unequivocal leader of the Republican Party, and the vast majority of the country approves of his job performance as president,' White House press secretary Karoline Leavitt said. 'Inflation is down, consumer confidence and wages are up, the jobs report beat expectations for the third month in a row, the border is secure and America is hotter than ever before.' A spokesperson for Musk did not respond to a request for comment. Loading Musk, his allies and even some White House officials now pin the blame on Gor, believing he sabotaged Isaacman as Musk was on his way out. But some close Trump allies say Gor was being unfairly criticised for a decision that ultimately rests with the president. Gor and Musk had clashed several times early in Trump's second term, including at two Cabinet meetings, when Musk questioned how swiftly Gor was moving to fill the top ranks of agencies. Musk's and Gor's teams often disagreed over personnel and the amount of power that should be given to aides at DOGE. But Gor's title – director of the White House Presidential Personnel Office – does not convey the scope of his influence in the president's orbit. Gor founded a pro-Trump super political action committee during the 2024 presidential election, and co-founded a publishing house with Donald Trump jr that has published books by the president and his allies. The president's aides and allies quickly jumped to Gor's defence on Friday. 'Sergio Gor is a vital member of the team, and he has helped President Trump put together an administration that is second to none,' Steven Cheung, the White House communications director, said in a statement. As for Musk? White House officials said on Friday that Trump was considering selling the bright red Tesla he got in March as a show of support for Musk.

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