Trump, Musk Clash Over Trade and EV Policies Amid Ongoing Political Rivalries

President Donald Trump and Elon Musk, CEO of SpaceX and Tesla, have escalated their public feud over the federal budget bill and its implications for electric vehicle (EV) tax credits. Trump accused Musk of opposing the ‘big, beautiful, bill’ due to its provisions that could affect Tesla’s interests, but Musk denied ever seeing the bill and called it a ‘disgusting abomination’ for its alleged deficit-rasing measures. The dispute has taken on a broader political tone, with Trump criticizing Musk for ‘totally lost it’ and suggesting he is no longer interested in dialogue. This comes amid other significant events, such as Trump’s call with Chinese President Xi Jinping, where he described the trade discussions as ‘very positive’, and his interactions with German Chancellor Friedrich Merz regarding the Ukraine-Russia war. Trump suggested that the U.S. might be better off allowing the conflict to continue before intervening, a stance that has drawn criticism from German officials. These developments highlight the ongoing tensions in international relations and domestic policy debates as Trump navigates his 20th week in office.