Trump Claims US Will Review Musk’s Extensive Govt Contracts, Says ‘He’s Got a Lot of Money’
The feud between US President Donald Trump and Tesla CEO Elon Musk has taken a new turn, with Trump announcing that the government will review its extensive contracts with the tech mogul. The move comes amid a growing rift between the two billionaires, with Trump expressing skepticism over Musk’s ability to manage the government’s contracts.
In a recent interview, Trump stated that the government will take a closer look at its contracts with Musk, citing his vast wealth and the subsidies he receives. “We’ll take a look at everything. He’s got a lot of money, a lot of subsidy,” Trump said. “So we’ll take a look at that, only if it’s fair for him and the country,” he added.
The announcement has sparked widespread speculation about the implications for Musk’s companies, including Tesla and SpaceX. The government has awarded significant contracts to both companies, with Tesla receiving billions of dollars in subsidies for its electric vehicle production and SpaceX winning lucrative deals for its satellite technology.
Musk’s feud with Trump began earlier this year, when the two men clashed over Twitter. Trump had criticized Musk’s handling of the COVID-19 pandemic, accusing him of being out of touch with reality. Musk responded by calling Trump a “fascist” and a “dictator,” further escalating the feud.
The tension between the two has only intensified in recent weeks, with Trump and Musk engaging in a series of public spats on social media. Trump has accused Musk of being “mentally unstable” and “unhinged,” while Musk has called Trump a “liar” and a “coward.”
The feud has also taken a toll on Musk’s businesses, with investors and customers alike expressing concern over the growing rift. Tesla’s stock price has fallen sharply in recent weeks, amid concerns over the company’s ability to navigate the challenges posed by the feud.
Despite the controversy, Trump remains committed to his goal of reviewing the government’s contracts with Musk. The move is seen as a major victory for Trump, who has long been critical of the government’s reliance on private contractors.
The review is expected to be a lengthy and thorough process, with officials from various government agencies working together to assess the contracts. The outcome is far from certain, with some experts predicting that the government will ultimately decide to terminate the contracts altogether.
The implications of the review are significant, not just for Musk’s companies but also for the broader tech industry. If the government decides to cut ties with Musk, it could have a major impact on the industry, with other companies potentially losing out on lucrative contracts.
For now, the feud between Trump and Musk continues to dominate the headlines, with both men trading barbs on social media. The outcome of the review remains uncertain, but one thing is clear: the drama between these two billionaires is far from over.
