Latest news with #TrumpWasRightAboutEverything
Yahoo
2 days ago
- Automotive
- Yahoo
Trump-Musk feud: Are electric vehicles and Tesla at the heart of the breakup?
The President of the United States of America and one of the world's most influential billionaires are at odds after months of collaboration. The confrontation escalated Thursday with Elon Musk saying Trump would have lost the election without him in a post on X. President Donald Trump in turn referred to his former senior advisor as "the man who lost his mind" in a Friday morning ABC News phone interview. Republican Trump allies are now also speaking out against Musk. Musk's breakup with the administration has been public and is well-documented, with Trump and the Tesla CEO trading calculated jabs like pro boxers. The underlying reason behind the sudden intense feud is a serious cause of concern for some American car buyers. "Clean Coal" has been a popular buzzword for not one but two presidential campaigns for Donald Trump. So, Elon Musk's initial choice to stand beside a global warming skeptic as the CEO of a clean energy and automotive company was puzzling to say the least. At first, Musk's involvement with the administration was seen by many as mutually beneficial, since the CEO could potentially reap the benefits of government contracts for Tesla and SpaceX. The general public quickly soured to the idea of the eccentric CEO playing a key role in the administration. By April 8, Tesla stock had nosedived 41.50% from its January 2 share price. Tesla dealers have been attacked and vandalized while other Americans have staged peaceful protests against Musk's involvement in government and role at the Department of Government Efficiency. So, why would a guy who once wore a "Trump Was Right About Everything" hat suddenly publicly oppose his new bill? The short answer is, the two don't see eye to eye on the automotive industry's most controversial powertrain option. The One, Big, Beautiful Bill could decimate Tesla. President Donald Trump's stance and actions against EV adoption in America includes: Supporting the One, Big, Beautiful Bill, which suggests phasing out a federal EV tax credit that would benefit thousands of Tesla buyers Claiming former President Joe Biden's EV mandate "would kill 40% of the auto industry's jobs", according to Ordering the shut down of many federal electric vehicle chargers and pausing massive federal EV fleet purchases, according to Elon Musk (and Tesla's) stance and actions for EV adoption in America: Elon Musk bio says "Tesla's mission has been to accelerate the world's transition to sustainable energy" Musk claimed "the world does need electric cars" during a 60 Minutes interview and factory tour, asserting that Tesla has a crucial role in the future of EVs Tesla has collaborated with Ford, GM, Stellantis, Rivian, Volkswagen, Honda, Acura, Hyundai, Kia, Toyota and more to provide Tesla Supercharger access to EVs, making them easier to charge for American drivers Tesla stock recently plummeted in response to the feud between Trump and Musk. The President has also threatened Musk's government contracts amidst the dispute. The bill appears to be the focal point of the rift, but the two clearly have different ideas on what America's future should be. President Donald Trump and Elon Musk may have been able to join forces over their mutual stances on certain conservative points and a hatred of bureaucracy, but their White House tag team was short-lived. The One, Big, Beautiful Bill directly undermines some of the actions Musk and the Department of Government Efficiency have taken since the two united. Trump is 78 years old and expresses a desire to bring America back to a golden age of manufacturing before globalism outsourced American jobs and created a reliance on foreign trade. He also speaks about returning the country to an age where mining and drilling for fossil fuel production were prioritized over environmental concerns. Musk, on the other hand, is a 53-year-old futurist who strives to make humans a multi-planetary species and has made a fortune from innovation and technological disruption. At a glance, the issue seems to be about the One, Big, Beautiful Bill attacking Tesla's bottom line but the two polarizing figures are fundamentally different in terms of future aspirations. Based on Trump's falling out with several former members of the first Trump administration and Musk's known adversarial nature in the private sector, this could be the end for, arguably, the most fascinating duo of 2025. This article originally appeared on USA TODAY: Donald Trump vs Elon Musk: Could Tesla, EVs be at the art of the feud?
Yahoo
2 days ago
- Automotive
- Yahoo
Trump-Musk feud: Are electric vehicles and Tesla at the heart of the breakup?
The President of the United States of America and one of the world's most influential billionaires are at odds after months of collaboration. The confrontation escalated Thursday with Elon Musk saying Trump would have lost the election without him in a post on X. President Donald Trump in turn referred to his former senior advisor as "the man who lost his mind" in a Friday morning ABC News phone interview. Republican Trump allies are now also speaking out against Musk. Musk's breakup with the administration has been public and is well-documented, with Trump and the Tesla CEO trading calculated jabs like pro boxers. The underlying reason behind the sudden intense feud is a serious cause of concern for some American car buyers. "Clean Coal" has been a popular buzzword for not one but two presidential campaigns for Donald Trump. So, Elon Musk's initial choice to stand beside a global warming skeptic as the CEO of a clean energy and automotive company was puzzling to say the least. At first, Musk's involvement with the administration was seen by many as mutually beneficial, since the CEO could potentially reap the benefits of government contracts for Tesla and SpaceX. The general public quickly soured to the idea of the eccentric CEO playing a key role in the administration. By April 8, Tesla stock had nosedived 41.50% from its January 2 share price. Tesla dealers have been attacked and vandalized while other Americans have staged peaceful protests against Musk's involvement in government and role at the Department of Government Efficiency. So, why would a guy who once wore a "Trump Was Right About Everything" hat suddenly publicly oppose his new bill? The short answer is, the two don't see eye to eye on the automotive industry's most controversial powertrain option. The One, Big, Beautiful Bill could decimate Tesla. President Donald Trump's stance and actions against EV adoption in America includes: Supporting the One, Big, Beautiful Bill, which suggests phasing out a federal EV tax credit that would benefit thousands of Tesla buyers Claiming former President Joe Biden's EV mandate "would kill 40% of the auto industry's jobs", according to Ordering the shut down of many federal electric vehicle chargers and pausing massive federal EV fleet purchases, according to Elon Musk (and Tesla's) stance and actions for EV adoption in America: Elon Musk bio says "Tesla's mission has been to accelerate the world's transition to sustainable energy" Musk claimed "the world does need electric cars" during a 60 Minutes interview and factory tour, asserting that Tesla has a crucial role in the future of EVs Tesla has collaborated with Ford, GM, Stellantis, Rivian, Volkswagen, Honda, Acura, Hyundai, Kia, Toyota and more to provide Tesla Supercharger access to EVs, making them easier to charge for American drivers Tesla stock recently plummeted in response to the feud between Trump and Musk. The President has also threatened Musk's government contracts amidst the dispute. The bill appears to be the focal point of the rift, but the two clearly have different ideas on what America's future should be. President Donald Trump and Elon Musk may have been able to join forces over their mutual stances on certain conservative points and a hatred of bureaucracy, but their White House tag team was short-lived. The One, Big, Beautiful Bill directly undermines some of the actions Musk and the Department of Government Efficiency have taken since the two united. Trump is 78 years old and expresses a desire to bring America back to a golden age of manufacturing before globalism outsourced American jobs and created a reliance on foreign trade. He also speaks about returning the country to an age where mining and drilling for fossil fuel production were prioritized over environmental concerns. Musk, on the other hand, is a 53-year-old futurist who strives to make humans a multi-planetary species and has made a fortune from innovation and technological disruption. At a glance, the issue seems to be about the One, Big, Beautiful Bill attacking Tesla's bottom line but the two polarizing figures are fundamentally different in terms of future aspirations. Based on Trump's falling out with several former members of the first Trump administration and Musk's known adversarial nature in the private sector, this could be the end for, arguably, the most fascinating duo of 2025. This article originally appeared on USA TODAY: Donald Trump vs Elon Musk: Could Tesla, EVs be at the art of the feud? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Sky News
24-03-2025
- Business
- Sky News
DOGE staff getting daily death threats, says Elon Musk
Why you can trust Sky News Elon Musk claims some members of his Department of Government Efficiency (DOGE) are getting death threats on a daily basis. The Tesla CEO and owner of X, who was speaking during a cabinet meeting at the White House, has drawn criticism over his efforts to downsize the US federal government. In just nine weeks, entire agencies have been dismantled and tens of thousands of workers from the 2.3 million federal workforce have been fired or agreed to leave their jobs. On Monday, US President Donald Trump gathered his cabinet secretaries, praising his department leaders for their cost-cutting measures even as he acknowledged these may not be "popular". Mr Trump said the cuts had to happen regardless of the political ramifications. "I have no idea how it plays out in the public... but it's something that has to be done." The death threats, which Mr Musk claimed had been targeted at his staff at DOGE, follow recent attacks on Tesla showrooms, charging stations and privately owned cars. FBI Director Kash Patel said the bureau was investigating what he called "the increase in violent activity toward Tesla". In a post on X on Monday, he added: "We have taken additional steps to crack down and coordinate our response. This is domestic terrorism. Those responsible will be pursued, caught, and brought to justice". On Monday, police in Austin, Texas said they were investigating several incendiary devices found at a dealership. Over the weekend, there were demonstrations at Tesla dealerships across North America, and some clashes between pro and anti-Tesla protestors. A man drove his car into campaigners outside a showroom in Florida. No one was injured. And in California, police said a counter-demonstrator was arrested after activating a stun gun during an anti-Musk protest. During the White House meeting on Monday, some cabinet members heaped support on Musk and DOGE, with Environmental Protection Agency administrator Lee Zeldin touting the "incredible" partnership with his department and Attorney General Pam Bondi offering praise for "Elon's incredible team". 'Many fraudulent contracts' There were also claims that "many fraudulent contracts" had been brought to light by Mr Musk, who sat at the end of the table wearing a red "Trump Was Right About Everything" hat. At one point, he spoke to claim that the Small Business Association had discovered a loan awarded to a "very precocious" baby. But there have been reports of tensions over workforce reductions, with the president saying that future cutbacks would be at the discretion of department leaders. But then later, he insisted Mr Musk would intervene if departments don't make sufficient reductions. White genocide is a 'false narrative' Separately on Monday, South African President Cyril Ramaphosa hit back at claims from Mr Musk that white people are being persecuted in his country, describing the accusations as a "completely false narrative". It was his latest attempt to dismiss claims from the Tesla CEO - who was born in South Africa - as well as Mr Trump.
