The Complete Record of the Feud Between Musk and Trump

The cause of the contradiction
On May 22, the U.S. House of Representatives passed the tax reform bill proposed by the Trump administration, which was described by the Trump administration as "big and beautiful." However, it included provisions to eliminate subsidies for electric vehicles and solar energy, which became the beginning of the conflict between the two.
The development process of contradictions
• On May 27, a few days before leaving the "Government Efficiency Department", Musk expressed only that he was "disappointed" with the tax reform bill, stating that the bill undermined the work of the "Government Efficiency Department".
On June 1, Musk referred to the "Department of Government Efficiency" he leads as a "scapegoat", expressing increasing dissatisfaction with the U.S. government.
• On June 4, Musk stepped up his offensive on the tax reform bill, calling on the public to "strangle" the bill, and Trump said the debt ceiling should be completely removed.
Public dispute (June 5)
• Trump stated in the White House that he is "very disappointed" with Musk, claiming that Musk is unhappy due to the government's retraction of the electric vehicle "mandate". He also mentioned that Musk was aware of the details of the bill and turned against it because it affected the electric vehicle subsidies, threatening to terminate his government subsidies and contracts.
• Musk quickly refuted on social media, stating that he was never shown the bill, which was rushed through late at night, criticizing the Trump administration for canceling renewable energy incentives while keeping subsidies for oil and gas.
• Trump posted again saying Musk has "lost patience" and is "crazy."
• Musk strikes again, accusing Trump of lying, posting old tweets to mock him, and claiming that without himself, Trump cannot win the 2024 election. He initiated a poll to establish a third political party, even retweeting calls for impeaching Trump and having Vice President Vance take over. He also revealed that Trump's name appeared in Epstein court documents, criticizing that Trump's tariffs will lead to a recession in the U.S. in the second half of the year.
Impact on stakeholders
After the mutual tearing, Tesla's market value quickly evaporated by over 150 billion dollars, with the stock price plummeting by 16% at one point.
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