The Guardian - Elon Musk has expressed contrition for some of his tweets about Donald Trump last week, in an apparent effort to retreat from an explosive falling out that has threatened to damage the Tesla boss’s business interests...On Tuesday, Musk posted on X, the social network he owns: “I regret some of my posts about President @realDonaldTrump last week. They went too far.”
The possibility of a rapprochement – however superficial – appeared to be welcomed by investors. Tesla’s share price rose by 2.6% in pre-market trading.
The public feud was one of the most extraordinary turns in the relationship between the two men. During the presidential campaign they had claimed to be ideological allies, and Musk briefly served in Trump’s government as head of the so-called “department of government efficiency”, a drive to slash government programmes nicknamed “Doge” after the internet meme. Experts have argued that the cost-cutting is illegal.
However, relations quickly soured after Musk publicly criticised Trump’s “big beautiful bill”, saying it would add $2.4tn to US government borrowing and calling it a “disgusting abomination”.
Trump had responded to Musk’s barrage of criticism by saying the tech billionaire “went crazy”. However, the president also made direct references to Musk’s companies, highlighting the potential financial risks of the feud.
No comments:
Post a Comment