Elon Musk, in posts on X on June (5, 2025) accused Donald Trump of having ties to Jeffrey Epstein and supported the idea of impeachment. He stated that Trump appears in Epstein's unreleased files.



This became the culmination of the conflict after Trump supported a budget bill that harms Tesla, and in response threatened to cancel contracts with Musk's companies.

The consequences — Tesla shares fell by 14.2%.
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