U.S. President Donald Trump has warned that there could be “serious consequences” if Elon Musk provides financial support to Democratic candidates challenging Republicans who back Trump’s tax-cut bill, signalling a sharp turn in their previously cordial relationship.
In a phone interview with NBC News, Trump declined to specify what the consequences might be, and said he had not discussed the possibility of investigating Musk’s business dealings. Asked directly if he believed the relationship was finished, Trump responded: “I would assume so, yeah.” When pressed further, he added, “No,” when asked if he had any desire to repair the relationship.
The fallout follows escalating tensions between the two figures, as Musk denounced Trump’s legislative package as a “disgusting abomination.” His opposition has further complicated Republican efforts to pass the bill in Congress, where the party holds only a slim majority.
The legislation narrowly passed the House last month and now awaits debate in the Senate. Nonpartisan analysts project that it would add $2.4 trillion to the national debt over the next decade. Despite the friction, Trump expressed confidence the bill would pass by the July 4 Independence Day holiday:
“People that were going to vote for it are now enthusiastically going to vote for it,” he said.
Tensions flared publicly this week, culminating in Musk deleting several social media posts critical of Trump — including one calling for the president’s impeachment — in what appeared to be a move toward de-escalation. However, Trump reignited the feud late Friday by suggesting a review of federal contracts held by Musk’s companies.
Sources close to Musk say his anger is subsiding and that he may still seek to mend ties with Trump, despite the public fallout.
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