Connect with us

Hi, what are you looking for?

Daily Market SolutionDaily Market Solution

Latest News

Trump lays out where he stands with Elon Musk after ‘big beautiful bill’ blowup

President Donald Trump said Tuesday he still likes ‘Elon a lot,’ despite their high-profile split earlier this year over the One Big Beautiful Bill Act.

At the end of the administration’s monthly Cabinet meeting, FOX Business’ Edward Lawrence asked Trump whether Musk was ‘back in [his] circle of friends’ after their falling-out.

Trump responded:Well, I really don’t know. I mean, I like Elon a lot.’ He praised Musk’s endorsement during the 2024 campaign before noting their disagreement over electric-vehicle policy.

Musk was a fixture in the White House in the early days of the second Trump administration as he took on the role as the Department of Government Efficiency’s de facto leader. He served as a special government employee with the Trump administration to help lead DOGE, frequently attending Cabinet meetings and joining Trump during public events. Musk’s tenure with DOGE wrapped up at the end of May. 

Musk had also championed Trump during the 2024 election cycle, criss-crossing battleground states that ultimately all voted for the Republican candidate over former Vice President Kamala Harris. 

Trump repeatedly celebrated Musk for his efforts at DOGE to remove potential federal overspending, fraud and mismanagement – an effort assailed by government employees and Democrats who protested both the Trump administration and Musk repeatedly earlier this year. 

The cozy friendship fell to pieces in June, however, when Musk began publicly ridiculing the ‘One Big Beautiful Bill,’ which was a massive piece of legislation Trump signed into law in July that advances his agenda on taxes, immigration, energy, defense and the national debt. 

Musk railed against the legislation, which Trump had been rallying Republican lawmakers to pass since the beginning of his second term, posting on X that it would be the ‘BIGGEST DEBT ceiling increase in HISTORY’ and also claimed in a personal attack on Trump that ‘@RealDonaldTrump is in the Epstein files.’ 

Trump previously told the media that his relationship with Musk changed when he began discussing plans to eliminate the electic vehicle mandate, which would affect Musk’s signature electric company, Tesla. Trump signed a trio of congressional resolutions in June ending California’s restrictive rules for diesel engines and mandates on electric vehicle sales, with Trump celebrating that his signature ‘will kill the California mandates forever.’

The pair abruptly parted ways in June, with Musk weeks later offering some support to Trump’s presidential actions on social media, such as praising a ceasefire deal between Israel and Gaza in July.

Musk was seen physically back in Trump’s orbit in September during the memorial service for Charlie Kirk, Turning Point USA’s founder who was assassinated on Sept. 10. The pair was seen sitting next to each other and chatting during the ceremony. 

Musk most recently attended a Trump event on Nov. 18 at the White House for a dinner with Crown Prince Mohammed bin Salman of Saudi Arabia, as well as dozens of high-profile business leaders. 

Trump’s latest remarks on Musk unfolded during his Cabinet meeting, which marked his ninth such meeting since the start of his second administration and matched the total number of full Cabinet meetings former President Joe Biden held across his four-year tenure. 

This post appeared first on FOX NEWS







    You May Also Like

    Investing

    By Anushree Mukherjee and Brijesh Patel (Reuters) -Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from...

    Editor's Pick

    Extremist supporters of former president Donald Trump are lashing out online against Usha Vance, the wife of Trump’s running mate, Sen. J.D. Vance (R-Ohio),...

    Investing

    Australia is home to a thriving tech sector with investment opportunities across a variety of subsectors. The tech sector contributed about AU$167 billion to...

    Editor's Pick

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Disclaimer: Dailymarketsolution.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 dailymarketsolution.com