Clash of Titans: Trump vs. Musk on Subsidies

U.S. President Donald Trump and Tesla CEO Elon Musk are clashing over government subsidies. Trump's call for a review of Musk's companies' subsidies stirred tension, particularly regarding the bill Musk opposes for increasing the national debt. The fallout affected Tesla's stock and raised political concerns.

The ongoing feud between U.S. President Donald Trump and Tesla CEO Elon Musk has escalated, centering around government subsidies allocated to Musk's companies. Trump's recent remarks advocating for a review of these subsidies resurface the tension with the billionaire entrepreneur.

The disagreement spills into the financial realm, as Tesla experienced a significant premarket dip. With Trump's criticism of subsidies and Musk's critique of a controversial bill, the stakes have risen for both political and business interests.

Musk's opposition to the bill, which he claims would inflate national debt, contrasts sharply with his previous support for Trump. This clash has broader political implications, potentially affecting Republican efforts to maintain their congressional majority.

(With inputs from agencies.)