The once-powerful alliance between President Donald Trump and Elon Musk has erupted into open conflict, with Trump slamming the tech mogul as having “just went CRAZY” and warning that billions in government contracts with Musk’s companies could be on the chopping block.
The dramatic fallout began after Musk harshly criticized Trump’s signature “Big, Beautiful Bill,” accusing it of ballooning the deficit and gutting electric vehicle tax incentives that benefit Tesla. Musk also accused the bill of lacking serious provisions to cut government waste—despite his own prior involvement as the first Director of the Department of Government Efficiency (DOGE).
President Trump responded on Truth Social, nothing that Elon was “wearing thin”.
The feud has rattled financial markets, sending Tesla stock tumbling as investors weigh the risk of losing lucrative government deals. Political observers note the split could have broader implications—not just for the energy and aerospace sectors, but for the future of Trump’s coalition, which has leaned heavily on high-tech leaders like Musk for private-sector efficiency reforms.
What began as a strategic alliance to modernize government has now become one of the most visible and consequential political fallouts of the Trump administration. As the president sharpens his focus on fiscal discipline and restoring loyalty within his ranks, it’s clear that even a billionaire ally is not above accountability.