Schedules Call: Trump and Musk Mending Fences?
Trump and Musk need to have a conversation over the phone and find common ground.
Trump Chill, Advisors Anxious In the face of escalating tension between President Donald Trump and tech tycoon, Elon Musk, White House staffers reportedly plan a peace call to diffuse the public spat.
According to the news outlet, Politico, a phone conversation between Trump’s entourage and Musk is set for later this day, aiming to put an end to the growing feud. Contrastingly, Trump, despite the heated exchange, remained unbothered. "That's cool," he replied when prompted, as per Politico. "It's all good," the President added.
Musk echoed similar sentiments, affirming Bill Ackman's call for "national harmony" by responding, "You're not wrong."
Politics: Epstein's Shadow and Space Race The rift between Trump and Musk began over a legislative bill currently making its way through the Senate. Provisions within this bill could shape a significant part of Trump's political agenda, yet it risks adding trillions to the national debt. The House of Representatives narrowly approved the bill last month.
Trump accused Musk of opposing the legislation because it scraps tax credits for electric vehicles, a claim Musk countered by pointing out the bill’s escalating federal deficit and denouncing it as a "disgraceful monstrosity."
Just a week ago, Trump commended Musk in his capacity as a presidential advisor, lauding Musk’s cost-cutting initiative, DOGE, and landing lucrative government contracts worth billions.
An Unlikely Rivalry Tesla's shares, impacted by the disagreement, surged over 5% on the Frankfurt Stock Exchange following the news of the planned call. Despite their disagreements, the two men have commonly ground in renewable energy and space policy, where Musk's SpaceX competes for NASA contracts.
Furthermore, both Musk and Trump have been vocal figures on social media, engaging in several heated exchanges over various topics. Trade policies, such as tariffs imposed by the Trump administration, could also impact Musk's businesses.
Without specifics, it is challenging to pinpoint the reasons behind the feud’s inception or the aim of the proposed call to reconcile. Nevertheless, these areas of policy, public discourse, and business could contribute to the ongoing disagreement between Musk and Trump's advisors.
- The economic and monetary union, a significant part of President Trump's political agenda, is at stake due to a Senate bill that Elon Musk opposes, citing concerns over its impact on the national debt and federal deficit.
- In the realm of general-news, the growing feud between President Trump and Elon Musk, revolving around a legislative bill, has been denting the stocks of Musk's companies, particularly Tesla, as seen in its 5% surge on the Frankfurt Stock Exchange following a announced peace call.
- The economic and monetary union, a hot topic in politics, has become a point of disagreement between President Trump and Elon Musk, with Trump accusing Musk of opposing the bill due to the scrapping of tax credits for electric vehicles, while Musk denounces the bill as a "disgraceful monstrosity."
