Trump-Musk Feud: Accusations, Rebuttals, and a 14% Tesla Stock Plunge

Trump and Musk's Explosive Fallout Rocks US Right Wing June 6th, 2025 marked a significant turning point in the relationship between former US President Donald Trump and tech mogul Elon Musk. The public spat began when Musk, without providing evidence, accused Trump of involvement in the Jeffrey Epstein scandal. Trump responded during a press conference, expressing disappointment and asserting Musk's prior knowledge of the relevant legislation. "I'm very disappointed in Elon. He knew everything about it," Trump stated, adding that Musk only developed a problem once he learned of Trump's plans to cut the electric vehicle mandate. The conflict quickly escalated, with Trump using his social media platform, Truth Social, to further criticize Musk. Musk countered by publicly supporting an impeachment effort and suggesting a new political party. The fallout resulted in a 14% drop in Tesla's stock price on June 6th, underscoring the significant financial implications of the feud. Steve Bannon, a prominent figure in the MAGA movement, even called for Musk's deportation from the United States. This public rift reveals deep divisions within the US right wing, and the financial consequences serve as a stark reminder of the power of social media and political conflict in the modern era.