President Trump said Thursday he has no interest in stripping Elon Musk-owned companies of billions in federal money — adding that he wants the former “first buddy” to

Donald Trump made it clear on Thursday that he won’t be pulling the plug on federal subsidies going to Elon Musk, even as tensions between the two remain high.

The seeds of trouble between the duo were sown after Musk denounced Trump’s sweeping tax-cut and spending bill. The president initially held his tongue while Musk campaigned to torpedo the bill, saying it would add too much to the nation’s $36.

President Donald Trump has taken to Truth Social to extend a surprising olive branch to Elon Musk, vowing he doesn’t plan to “destroy” the Tesla CEO’s empire and actually wants him “to thrive.” The shift in tone comes amid an explosive public feud that saw Musk accusing Trump of appearing in Jeffrey Epstein’s secret files—a claim that Trump has tried desperately to deflect.

About a month after President Donald Trump threatened Elon Musk’s government contracts, he has now reversed course in a message that surprised supporters and critics alike. The South African-born billionaire was an outspoken MAGA supporter and invested millions in Trump’s presidential campaign before their bitter breakup.

Tesla CEO Elon Musk officially exited his role as a special government employee in May, and his fallout with President Donald Trump over the One Big Beautiful Bill Act added to Tesla's struggles early in 2025,

President Donald Trump on Thursday said the U.S. will not be pulling its subsidies of Elon Musk’s companies, despite earlier threats to do so and White House press secretary Karoline Leavitt’s Wednesday indication that the U.

Musk, who has been floating the idea of creating a third political party for weeks in the wake of his split with the president, reignited the push over the weekend after the passage of Trump's sweeping tax cut and spending bill -- which Musk railed against over its estimated impact adding trillions to the national debt.

What is going on in the feud? - From feuding to friends to feuding again, the relationship between the two billionaires has been turbulent, to say the least.

Tesla shares fell 8.2 per cent on Friday and have declined by 24.9 per cent in the past six months. “Not small, this is massive, so what is happening here is Tesla shares have basically collapsed and so have its sales,” Mr Greenwood said.

US President Donald Trump has softened his stance on his former advisor and billionaire Elon Musk, stating that he wants the Spacex founder and his businesses to thrive. In a post on Truth Social on Thursday,