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President Donald Trump might have made amends with SpaceX and Tesla CEO Elon Musk, after referencing the billionaire in a speech Wednesday and after Musk attended a dinner on the White Home Tuesday night.
Whereas the 2 publicly exchanged harsh phrases within the spring after Musk left his submit heading up the Division of Authorities Effectivity (DOGE), tensions seem to have simmered within the following months.
“You are so fortunate I am with you, Elon. I am going to inform you. Has he ever thanked me correctly?” Trump stated on the U.S.-Saudi Funding Discussion board on Wednesday in Washington. “Though I do let him purchase apart from electrical automobiles, however these are minor particulars. , we had a mandate which even Elon thought was ridiculous, that everyone has to have an electrical automobile by 2030. And as soon as, fortuitously, he stated, that is a ridiculous factor.”
Elon Musk receives a golden key from U.S. President Donald Trump within the Oval Workplace on the White Home in Washington, D.C., Might 30, 2025. (Reuters/Nathan Howard)
Trump’s feedback got here whereas discussing a portion of his huge tax and home coverage measure referred to as the one “huge, stunning invoice” that he signed in July, which included a brand new tax deduction on automobile mortgage curiosity for purchases made between 2025 and 2028 allowing automobile consumers the flexibility to put in writing off as much as $10,000 yearly in curiosity for sure loans on model new automobiles.
After Trump’s speech, Musk posted on X: “I want to thank President Trump for all he has performed for America and the world.”
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Rigidity between Trump and Musk reached an all-time excessive in Might after the 2 publicly aired their variations concerning the one “huge, stunning, invoice.” Musk was extremely important of the measure amid reviews the measure would improve the federal deficit, whereas Trump Musk’s disdain for the invoice was attributable to a provision that eradicated an electrical car tax credit score that benefited firms like Tesla.
Rigidity between President Donald Trump and Elon Musk reached an all-time excessive in Might. (Brian Snyder/Reuters)
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The 2 hurled insults towards each other in Might and June, with Musk claiming that Trump wouldn’t have gained the 2024 election with out the billionaire’s help. In the meantime, Trump accused Musk of going “CRAZY” over cuts to the electrical car credit, and stated that Musk had been “sporting skinny.”
President Donald Trump and Elon Musk communicate earlier than departing the White Home on his solution to his South Florida house in Mar-a-Lago in Florida on March 14, 2025. (ROBERTO SCHMIDT/AFP through Getty Photographs)
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Nevertheless, the 2 had been seen collectively at conservative activist Charlie Kirk’s funeral in Arizona in September.
Musk additionally appeared on the White Home Tuesday for a dinner throughout Saudi Crown Prince Mohammed bin Salman’s go to to Washington. Different tech executives who attended the dinner included Apple CEO Tim Cook dinner and Dell CEO Michael Dell.
The White Home and Musk didn’t instantly reply to a request for remark from Fox Information Digital.
