Trump, Elon Musk
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President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.
Donald Trump denied claims that he would strip Elon Musk’s companies of federal subsidies, saying on Truth Social that he wants all US businesses to “thrive like never before.” His remarks come amid speculation he may roll back clean energy incentives that benefit firms like Tesla and SpaceX.
The olive branch comes amid reports that Trump’s name appears in the Epstein files—something Musk previously alluded to.
Tesla's profits fell 16% over a three-month period ending in June that overlapped with the end of chief executive Elon Musk's tenure in the White House and his ensuing public clash with President Donald Trump, an earnings release on Wednesday showed.
Tesla Inc. warned that provisions in President Donald Trump’s $3.4 trillion fiscal package will pose meaningful challenges for the EV maker in the next several months.
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US Attorney General Pam Bondi informed President Trump in May that his name appeared in Jeffrey Epstein files, according to CNN. The White House dismissed the meeting as routine and emphasized that Trump's name wasn't the primary focus,