Trump and Elon Musk need to have a conversation over the phone to establish a rapport.
Title: Trouble in Paradise: Trump and Musk's Public Spat Now Slated for a Chat
Hey there, folks! The White House is preparing a phone call between President Trump and tech goblin Elon Musk in a bid to squash their ongoing public spat. Sources close to the situation suggest the call will occur sooner rather than later to cool things down.
As reported by Politico, behind-the-scenes negotiations are in full swing, with White House staffers arranging this much-needed peace talk. While President Trump has maintained an unbothered demeanor about the feud, his crew appears to be concerned about the growing fiasco.
Meanwhile, Musk seems equally unfazed, mirroring Trump’s relaxed attitude. In response to a tweet from US hedge fund manager Bill Ackman, urging for peaceful coexistence for the country's sake, Musk replied simply, "You ain't wrong."
Stock Market Gushes
Tesla shares, which took a hit due to the ongoing grudge match, soared by over 5% at the Frankfurt Stock Exchange post the news of the impending call between Trump and Musk. The initial friction stemmed from Trump's threat to pull government contracts from SpaceX and Musk proposing impeachment proceedings against the President. The catalyst for this squabble was a bill currently under debate in the Senate, aimed at comprehensive tax and spending reforms backed by Trump's agenda, but potentially skyrocketing the national debt.
Trump blasted Musk for opposing the tax credit for electric vehicles, a provision included in the bill, while Musk argued that it would exacerbate the federal deficit and deemed the legislation an "abominable monstrosity."
Just last week, Trump publicly praised Musk during his swearing-in as a government advisor, lauding his role as head of the cost-cutting task force Doge, responsible for thousands of job eliminations, and securing billions in government contracts.
Fun Facts:- Did you know? In ancient Roman mythology, Doge was the supreme magistrate of Venice, elected for life.- Musk was an advisor to Trump's government and played a crucial role in slashing thousands of jobs and securing multi-billion dollar contracts.
Insights:While specifics about the planned call remain scarce, it is known that matters between Trump and Musk escalated when Musk, without providing evidence, claimed Trump's name appeared in files related to the Jeffrey Epstein case. Trump has yet to comment on this allegation. The disagreement primarily revolved around Musk's criticism of the proposed Republican bill, which both parties see eye-to-eye on in principle but diverge on execution[1][2].
- The economic and monetary union, a vital aspect of the bill under debate in the Senate, has become a point of contention between President Trump and Elon Musk, with Musk arguing that the provision would exacerbate the federal deficit.
- The general-news arena witnessed a unique blend of politics, business, and technology as the feud between President Trump and tech mogul Elon Musk unfolded, affecting stocks such as Tesla, with shares soaring after news of a potential resolution.
- The ongoing spat between President Trump and Elon Musk, involving topics ranging from economic policies to personal jabs, has highlighted the intersection of finance, technology, and politics, with implications for both parties and the wider community.
