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Elon Musk backs down in Trump battle as Tesla stocks nosedive and MAGA threatens to kick him out the country
Elon Musk backs down in Trump battle as Tesla stocks nosedive and MAGA threatens to kick him out the country

Daily Mail​

time4 days ago

  • Business
  • Daily Mail​

Elon Musk backs down in Trump battle as Tesla stocks nosedive and MAGA threatens to kick him out the country

What could happen next in the Trump - Musk feud? Following the bitter break up between Elon Musk and Donald Trump, many are waiting in anticipation at what the two titans could do next. The world's richest man and the leader of the free world appear set to continue launching attacks at each other, and have already threatened to destroy each other's empires. For Musk, he has almost $400 billion to wield against the president, and could turn the fortune he used to get Trump elected toward his political opponents. Musk has already mounted an aggressive campaign to 'kill' Trump's Big Beautiful Bill in Congress, which holds the key to delivering much of Trump's domestic agenda. The businessman also owns arguably the world's most potent social media platform, X, which he used on Thursday to call for the end of America's two-party system. But while Musk has an array of weapons to turn on Trump, the president's power in the White House offers him several avenues to fight back. Trump threatened to slash Musk's government contracts on Thursday, which totalled over $3 billion last year. The White House's power to launch investigations and turn public opinion against Musk also holds significant potential, with Trump allies including Steve Bannon urging him to go as far as deporting Musk and revoking his security clearances. Trump also has options including turning his Justice Department on Musk's businesses, with Musk already having lost $27 billion of his net worth since he turned on Trump.

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