
Elon Musk says he'll keep helping Trump even after ramping up his criticism
Elon Musk's tone on politics has changed dramatically over the past couple weeks. Although he remained gracious and supportive in his farewell Oval Office event with President Donald Trump on Friday, Musk has recently ramped up his criticism of the president.
Gone is the 'first buddy' chainsaw-brandishing crusader, set to save the country through the Department of Government Efficiency. In its place: An Elon Musk with a much more subdued tone, more willing to publicly disagree with the man who gave him his White House perch.
'It's not like I agree with everything the administration does. I mean I agree with much of what the administration does, but we have differences of opinion,' he told CBS this week. 'I'm a little stuck in a bind, where I'm like, well, I don't wanna, you know, speak up against the administration, but I … also don't wanna take responsibility for everything the administration's doing. So I'm, like, kinda stuck, you know?'
Musk has been circumspect – admitting he 'probably spent too much time on politics,' he told Ars Technica this week.
Musk now says he'll spend '24/7' at his companies, sleeping on factory floors as he's been known to do – although Trump said Friday that he'll remain a good friend, gifting Musk a golden key to the White House.
'I expect to continue to provide advice whenever the president would like advice. I expect to remain a friend and adviser, and if there's anything the president wants me to do, I'm at his service,' Musk said alongside Trump.
The departure was 'music to the ears of Tesla shareholders with a crucial few months ahead,' Dan Ives, Managing Director at Wedbush Securities wrote in a memo on Friday. 'While Trump mentioned that Musk will stay on as an advisor, we believe that Musk's days in politics is essentially over after this experiment that clearly morphed into brand damage for Tesla and took on a life of its own.'
Musk seems to have learned Washington will not bend to his will like one his companies' employees.
'He was going to get frustrated because he doesn't own the federal government,' Musk biographer Walter Isaacson said on CNBC this week. 'Focusing back on his companies again, he needed that.'
As he has stepped back from the White House, Musk has also drawn some lines in the sand with the Trump administration, telling CBS News he is disappointed in the GOP policy bill that raises the deficit and 'undermines the work that the DOGE team is doing.'
It's not the first time Musk has diverged from the Trump administration, having also expressed differences on issues like tariffs and visas for highly skilled foreign workers.
This week Musk has been more vocal on X, his social media platform, where he's reposted criticism of how the 'Big, Beautiful Bill' cuts electric and solar energy tax credits that directly affect Tesla's businesses.
'Abruptly ending the energy tax credits would threaten America's energy independence and the reliability of our grid,' a post from Tesla Energy said, which Musk re-posted.
One of the biggest questions hanging over Musk's future in politics is whether he'll invest anywhere near the hundreds of millions he plowed into electing Trump and other Republicans.
Although Musk has said he'll spend 'a lot less' on politics, Trump seemed to suggest on Friday he doesn't think he'll be able to stay away.
'Elon is really not leaving. He's going to be back and forth, I think, I have a feeling – [DOGE is] his baby,' Trump said in the Oval Office. 'Americans owes him a great debt of gratitude.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Upturn
24 minutes ago
- Business Upturn
The Week That Was, June 1 to June 7, 2025: RBI cuts repo rate by 50 bps, BEL secures Rs 2,323 crore order, Musk-Trump feud escalates, Coal India signs MoU for rail infra
In a week marked by major policy announcements, strategic deals, and sectoral movements, the Reserve Bank of India (RBI) took centre stage by delivering a surprise 50 basis points rate cut on June 6, bringing the repo rate down to 5.50%. This marked the third straight reduction in 2025, totaling a 100 bps cut to support growth amid global uncertainty. RBI Governor Sanjay Malhotra signaled continued comfort with inflation, lowering the CPI forecast for FY26 to 3.7% from 4% and retaining GDP growth expectations at 6.5% for the year. In a liquidity-boosting move, the central bank also slashed the Cash Reserve Ratio (CRR) by 100 bps to 3%, to be implemented in four tranches between September and November, unlocking ₹2.5 lakh crore into the banking system. Further, the RBI raised the loan-to-value (LTV) cap for small gold loans up to ₹2.5 lakh from 75% to 85%, a move that significantly benefited gold financing stocks. Among corporate highlights, the RBI gave a clean regulatory signal to IndusInd Bank, affirming its accounting standards, which pushed its shares up by over 5%. Infrastructure firm Ashoka Buildcon, however, faced a setback as its ₹1,673 crore project under CIDCO's NAINA initiative encountered execution hurdles. In the energy and defense sectors, Coal India signed a key MoU with Indian Port Rail & Ropeway Corporation to develop rail infrastructure, while GRSE expanded its global presence by signing MoUs in Sweden and Denmark for cruise vessel and marine propulsion collaboration. Similarly, Bharat Electronics Limited (BEL) secured orders worth ₹2,323 crore from MDL and GRSE, strengthening its defense manufacturing portfolio. JSW Energy exited Beempow Energy for ₹302.66 crore, completing a strategic realignment, and RailTel bagged a ₹274 crore ITMS project in Maharashtra's Vidarbha Circle, aimed at enhancing road safety across blackspots and accident-prone zones. Meanwhile, KEC International won ₹2,211 crore worth of new orders across international T&D, pipelines, and cable supply businesses, reinforcing its infrastructure footprint in the Middle East and Africa. In the equity markets, Gravita India surged 4% on expectations of a government-backed critical mineral recycling scheme. Tata Investment gained 8% on reports of Tata Capital's impending IPO, while shares of ICICI Lombard and Go Digit also moved higher as the government weighed a 25% hike in third-party motor insurance premiums. Lastly, global cues remained mixed. While Asian markets were relatively steady, U.S. indices such as Nasdaq and S&P 500 dipped amid fresh tariff tensions and a high-profile online spat between Elon Musk and Donald Trump—an episode that dented Tesla's valuation and contributed to market volatility. Overall, the week was dominated by aggressive monetary easing, strong defense-industry momentum, and corporate actions that may shape the economic narrative for the weeks ahead. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Yahoo
32 minutes ago
- Yahoo
Veterans protest over federal cuts in La Jolla
SAN DIEGO (FOX 5/KUSI) — Veterans gathered at the edge of the UC San Diego Campus on D-Day to call on the Trump administration to fully fund the Jennifer Moreno Department of Veterans Affairs Medical Center in La Jolla and all VAs across the nation. 'The Trump administration plans to fire 80,000 staff, further exacerbating a looming health care disaster,' said Karisa May, a former Marine reservist from the 4th Medical Battalion San Diego. Widow's of military vets are warning of the pending cuts to services. 'Those treatments that he received that extended his life may no longer be available to other vets at this facility and throughout the nation,' said Misty O'Healy, a surviving spouse of a Vietnam Vet. Veterans marched through the UC San Diego campus receiving support from drivers and calling on Secretary of Defense Pete Hegseth to leave the glorious military achievements of minorities untouched. Veterans also called on the administration to bring back veterans who have been detained by Immigration and Customs officials. 'When it comes to military naturalization, we all count. Whether you were born here or not, when you raised your hand, you count,' said James Smith, 2nd Former Marine. Veterans groups say their next protest, No Kings Day, will be scheduled for June 14 at 10 a.m. at Civic Center Plaza in downtown San Diego. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Business Insider
42 minutes ago
- Business Insider
Who will be Trump's new Silicon Valley bestie?
Mark Zuckerberg, Meta Platforms founder and CEO Zuckerberg was something of a MAGA stan earlier this year. Meta, his company, dropped $1 million on Trump's inauguration, and Zuck even co-hosted a black-tie soirée that night to honor the second-time president. Now, with Meta in the throes of a federal antitrust lawsuit, Zuckerberg may not be on Trump's good side. But the Meta CEO could be playing the long game here: He snapped up a $23 million, 15,000 square-foot DC mega mansion, establishing more of a presence in the capital. Zuck has also been on a bit of a rebrand journey, from a hoodie-wearing founder to a gold chain-wearing CEO with unapologetic swagger. Part of this transformation has included podcast appearances, like an episode with Trump-endorsing Joe Rogan in which Zuck talked about his "masculine energy" and his proclivity for bowhunting. Sam Altman, OpenAI cofounder and CEO Altman has also been circling the throne. First came Stargate: the $100 billion AI infrastructure plan between OpenAI, Oracle, and SoftBank, announced the day after Trump's inauguration. Then, in May, the OpenAI CEO joined Trump on a trip to Saudi Arabia while Altman was working on a massive deal to build one of the world's largest AI data centers in Abu Dhabi. This reportedly rattled Musk enough to tag along at the last minute, according to the Wall Street Journal. OpenAI was ultimately selected for the deal, which Musk allegedly attempted to derail, the Wall Street Journal reported. Jeff Bezos, Amazon founder and executive chairman, Washington Post owner, and Blue Origin founder Back in 2015, Bezos wanted to launch Trump into orbit after the at-the-time presidential candidate fired shots at Bezos on what was Twitter, now X, calling the Washington Post, which Bezos owns, a "tax shelter," Bezos responded that he'd use Blue Origin, a space company Bezos founded, to "#sendDonaldtospace." Times have certainly changed. In January, Bezos said he is "very optimistic" about the administration's space agenda. Behind the scenes, he has reportedly given Trump political advice, allegedly as early as the summer of 2024, according to Axios. There was a brief flare-up in April, though, after Amazon reportedly considered listing Trump's tariffs next to products' prices on the site, according to Punchbowl News. White House press secretary Karoline Leavitt called the plan a "hostile and political action." The idea, which was never implemented, was scrapped, and an Amazon spokesperson insisted it was only ever meant for its low-cost Haul store. If Trump does cancel Musk's SpaceX government contracts as he threatened to do, Bezos' Blue Origin, and rival to SpaceX, could stand to benefit. Blue Origin already has a $3 billion contract with NASA. Jensen Huang, Nvidia cofounder and CEO While Huang was notably missing from Trump's second inauguration in January, he did attend the Middle East trip in May. Nvidia is partnering with Oracle, SoftBank, and G42 on the OpenAI data center plans in the UAE. But Nvidia hasn't gotten off too easy: In April, Trump banned the chip maker from selling its most advanced chips, the H20, to China, a move that Nvidia says cost it $5.5 billion and reportedly prompted the company to modify the chip for China to circumvent US export controls. Sundar Pichai, Google CEO In April, a federal judge ruled that Google holds an illegal monopoly in some advertising technology markets. This is one of two major legal blows to Google in the past year: Back in August 2024, a federal judge ruled that Google violated antitrust law with its online search. If Google has to sell Chrome, Barclays told clients on Monday, Alphabet stock could fall 25%. This flurry of litigation — and potential divestment of the Chrome business — puts Pichai between a rock and a hard place. While the CEO was spotted with the rest of the technorati at Trump's inauguration, it's hard to say how he might cozy up to Trump, and whether friendly relations would do anything to remedy these rulings.