Donald Trump and Elon Musk, once close friends, started a war with each other. For more updates you can visit TeezNews website.
Big Beautiful Bill:
Donald Trump passed a bill which is known as the big Beautiful bill , which aims to boost the US economy through taxes and reforms. The bill got praise from business owners and also got criticism from a few people who said this bill will benefit wealthy families and increase national debt. According to an economic survey, this bill can increase jobs in the country and also GDP up to 0.8%. The bill also increases the defence and military budget up to 150 billion dollars focusing on air jets and missiles.
Elon Musk on bill:
Elon Musk criticised this bill and called it a Debt slavery bill. The big beautiful bill will add two trillion dollars to the national debt. Elon Musk who headed the Department of government efficiency criticised this bill on social media. As a response to this bill, Elon Musk announced that he is leaving White House and is now at the end of his tenure as an employee of the government. He also thanked Trump for giving him the opportunity to head the department of government efficiency.
Donald trump response:
Donald trump in the beginning praised Elon musk and called it one of the best business leaders the world have ever produced. When Elon musk shared a post from twitter where Donald trump was praising him. He added that due to the interference of Donald Trump in Jeffrey Epstein might be this is the reason why Jeffrey Epstein was not released in full.
Donald Trump fired back and said he clearly told Elon Musk to leave the administration. Donald Trump also threatened Elon Musk that he will cancel government contracts associated with Elon Musk companies.
Tesla stock price:
Tesla stock price dropped at almost 14%. The Tesla company lost a total of 150 billion dollar rupees on a single day. This can also divide the republican party as the administration stands on stance to pass the signature bill through congress party. According to reports Trump can do significant damage to Elon Musk companies by canceling government contracts with his companies.
Elon musk apology:
Elon Musk later on apologised on social media said i went too far on criticising Donald trump. Elon musk apologised on his twitter account said: “ I regret few posts made against US president Donald trump”
Summary:
Elon musk criticized Donald trump on big beautiful bills and on the other hand Donald trump Warned Elon musk that the government can cancel all the contracts associated with Elon musk companies. Later on Elon Musk tweeted on twitter where he apologized for his behavior towards US president Donald trump.
