Musk Apologizes for Anti-Trump Posts Amidst Stock Surge

Elon Musk issued a public apology on Wednesday for his recent social media posts criticizing President Donald Trump. Musk stated in a post on X, "I regret some of my posts about President @realDonaldTrump last week. They went too far." This follows a week of escalating tensions between the two figures. The conflict began after Musk left a government position and publicly criticized Trump's proposed budget bill. Trump responded with threats to cut off government subsidies and contracts with Musk's companies. Musk retaliated with accusations of a sexual scandal involving Trump. While Trump initially declared the relationship over, he later expressed openness to reconciliation. Musk has since deleted several critical posts about Trump, including one that supported Trump's impeachment. Sources close to Musk suggest that his anger is subsiding, and he may attempt to repair his relationship with Trump. The news of Musk's apology coincided with a 2.44% increase in Tesla's stock price in Frankfurt, according to Reuters. This incident highlights the significant influence both figures wield in the political and business worlds.