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‘Russia will respond…': Trump reveals 75-min call with Putin, discusses Ukraine strikes, Iran talks

‘Russia will respond…': Trump reveals 75-min call with Putin, discusses Ukraine strikes, Iran talks

Time of India2 days ago

US President Donald Trump revealed details of a 75-minute phone call with Russian President Vladimir Putin, focusing on Ukraine's recent strikes on Russian airfields and docked aircraft. Trump described the exchange as 'a good conversation,' but warned of rising nuclear risks and escalating tensions. He also discussed Iran's nuclear ambitions, accusing Tehran of stalling and urging a swift resolution. Trump claimed Putin was open to helping resolve the Iran issue diplomatically.
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'Focus on Big Beautiful Bill': Advice from Trump aides that ceased his fighting with Musk
'Focus on Big Beautiful Bill': Advice from Trump aides that ceased his fighting with Musk

First Post

time36 minutes ago

  • First Post

'Focus on Big Beautiful Bill': Advice from Trump aides that ceased his fighting with Musk

The White House aides reportedly urged Trump not to double down on attacks on Musk and instead focus on the so-called 'Big Beautiful Bill'. read more US President Donald Trump was advised by White House aides to scale back the escalation with Tesla boss Elon Musk on Thursday (June 5), Politico reported, citing sources. The aides not only persuaded Trump to tone down his posts on the Truth Social platform but also arranged a call with Musk for Friday, according to the report. During a brief phone call with Politico, Trump said everything was 'okay' when asked about his tussle with the world's richest man. STORY CONTINUES BELOW THIS AD 'Oh it's okay. It's going very well, never done better,' Trump said. The White House aides reportedly urged Trump not to double down on attacks on Musk and instead focus on the so-called 'Big Beautiful Bill'. White House press secretary Karoline Leavitt also appeared to downplay Musk's outrage against the so-called big, beautiful bill (BBB), saying the Tesla boss had 'a right to speak for his companies'. 'So, the only difference between Friday and today is Elon went back to his companies. And, as a businessman, he has a right to speak for his companies. But as president, President Trump has a responsibility to fight for this country,' Leavitt told Fox News' Sean Hannity. Musk-Trump feud The brief friendship between Musk and Trump nose-dived into an abyss due to a disagreement over Trump's 'Big Beautiful Bill' , which pushes for tax cuts and other spending measures. Just last week, Musk received a warm farewell from Trump as he stepped down from his role as a special employee for the US government. However, on Thursday, Musk didn't hold back after the president said he was 'disappointed' and 'surprised' by Musk's criticism of his tax and spending bill. He took to X, calling the bill a 'big, ugly spending bill,' and started a poll asking if it's time to create a new political party that actually represents the 80% in the middle." He pinned the poll to the top of his X account. Over 2.1 million people voted, with 81.9 per cent saying 'Yes.' STORY CONTINUES BELOW THIS AD Trump responded by threatening to cancel Musk's government contracts, claiming Elon Musk 'went CRAZY.' Since then, Musk has said that Trump's tariffs will cause a recession and escalated matters with an unverified claim about Jeffrey Epstein. Trump responded by writing: 'I don't mind Elon turning against me, but he should have done so months ago.'

Devina Mehra on Trump-Musk spat, China's chip market manipulation
Devina Mehra on Trump-Musk spat, China's chip market manipulation

Time of India

time40 minutes ago

  • Time of India

Devina Mehra on Trump-Musk spat, China's chip market manipulation

Devina Mehra , Founder & CMD, First Global , says Elon Musk 's recent call for Trump's impeachment, despite past support, signals escalating tensions. Concerns arise about Musk's government involvement and data access. The EV industry faces chip supply risks, particularly China's dominance in strategic resources globally. Due to volatility and news dependence, Tesla is considered a high-risk stock and is not held in global funds. I guess the big headline has been the spat or breakup between Elon Musk and Donald Trump and what a costly one it turned out to be. Having said that, what do you suspect could be the ramifications because Musk has even called for Trump's impeachment? Devina Mehra: I just posted on that and yes, this was a plot twist that was very predictable. So, any couple's counsellor would have told them that this was not going to last. Even if in today's America they have gone to their church pastor also, they would have been told that. So what has happened is very predictable. Two people like them were not going to make it. Till two days ago, Elon Musk found only good things about Trump and now he is calling for impeachment and saying such ingratitude after all the money I spent on your campaign, you have forgotten about it! So, yes, it is going to get uglier. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bank Owned Properties For Sale In An Phu (Prices May Surprise You) Foreclosed Homes | Search ads Search Now Remember Elon Musk was not born in the US. He is an immigrant and he still holds on to his South African citizenship and a Canadian citizenship as well. There are many things that could happen. Let us see how it pans out. But I do not think this is bad news as such for markets because I do not think whatever Musk was doing within the government was something which was very desirable. It was just getting access to a lot of government data and also slashing a lot of things without understanding what they were really doing. So, I do not think that him leaving the government is a negative thing for the US. But like you have said, this is meant to become more sour in the days to come. What impact could this have on some sectors that are heavily reliant because we have also seen a 14% crash coming in on Tesla's stock and with everything that is going on around, and the rare earth deal with China. Trump has very clearly said he is not going to entertain questions on that. Now, he is someone who is not going to turn down talking about a topic unless it is sorted in his head. So, where do you believe this narrative is headed and how could this shape the global EV space ? Devina Mehra: Let us see how it goes. That is a risk area for a lot of the EVs in the world for a number of things. We saw in India recently that the only supplier effectively is China or China controlled entities because China has very strategically controlled a lot of areas and not just in Asia and Africa. I read in some books that they have been there right from South America to the Arctic circle. So, wherever they think there is strategic raw material or other strategic goods, they have been there. It is a risk area for the EV industry. Tesla as such, we have not held in our global funds for a while now because it is too volatile and too unpredictable a stock, and too dependent on news. We have steered clear off it as it is a high-risk stock in our category. You Might Also Like: The Trump-Musk rift: All that you need to know Tesla is being eaten alive by Chinese rivals it inspired

‘Vladimir Putin offers peace deal': Elon Musk, Donald Trump's bitter fallout spurs memes, jokes
‘Vladimir Putin offers peace deal': Elon Musk, Donald Trump's bitter fallout spurs memes, jokes

Mint

time40 minutes ago

  • Mint

‘Vladimir Putin offers peace deal': Elon Musk, Donald Trump's bitter fallout spurs memes, jokes

Donald Trump's relationship with Tesla chief Elon Musk took a dramatic turn on Thursday when the US President threatened to cut government contracts to Musk's businesses, SpaceX. In a social media post on his social messaging service Truth Social, Donald Trump wrote, 'The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts." He added, "'I was always surprised that Biden didn't do it!' This statement wiped out nearly $150 billion from Tesla's market value. This reverses the big runup it witnessed in the past eight weeks after Musk confirmed that Tesla would be testing an autonomous, driverless 'robotaxi' service in Austin, Texas, this month. Musk's privately owned rocket company -SpaceX - reportedly received billions of dollars from the government to send astronauts and cargo to the International Space Station, provide launches and do other work for the US space agency, NASA. Netizens strongly reacted to the bitter fallout between the two business tycoons and flooded social media with hilarious reactions, memes and jokes. A user wrote, 'PM Modi got Elon Musk and Trump to call a ceasefire.' Another user remarked, "Vladimir Putin has offered to negotiate a peace deal between President Trump and Elon Musk. A third user stated, 'Modi ji should announce a ceasefire between Musk & Trump.' A fourth user joked, 'The bromance is over.' A fifth user quipped, 'Me logging on Twitter to see Musk and Trump fighting.' This comes after Tesla shares hit an all-time high on December 17 in the weeks after Trump was elected. A year before 2024 US election, SpaceX was valued at $210 billion but its shares surged and were estimated at $350 billion during a recent private financing round.

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