Trump Expresses Disappointment in Elon Musk: Claims Tesla CEO Is Upset Over EV Mandate Changes and Rejected NASA Administrator Selection

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Contentious Break Between Elon Musk and Donald Trump

The ongoing fallout between Tesla CEO Elon Musk and former President Donald Trump is gaining public attention, with a cascade of negative media reports seemingly influencing Tesla’s stock value. The rivalry appears to have intensified following a recent dispute surrounding electric vehicle (EV) mandates and Musk’s role in legislative matters.

Trump’s Disappointment with Musk

Trump: “I’m very disappointed because Elon knew the inner workings of this bill better than almost anybody…”

— Open Source Intel (@Osint613) June 5, 2025

In his latest remarks, Trump expressed disappointment in Musk, implying that their previously strong relationship has deteriorated due to Musk’s criticism of Trump’s legislation, often referred to as the ‘Big Beautiful Bill.’ The former president suggested that Musk’s grievances arose specifically after the removal of the EV mandate.

🇺🇸 PRESIDENT TRUMP JUST SAID THIS ABOUT ELON MUSK:

– DON’T KNOW IF WE’LL HAVE A GREAT RELATIONSHIP ANYMORE…

— Evan (@StockMKTNewz) June 5, 2025

Political Developments Impacting Tesla

The turmoil surrounding Musk has been exacerbated by the recent withdrawal of Jared Isaacman’s nomination as NASA administrator, a position that many viewed as aligned with Musk’s interests. This political maneuvering further complicates the relationship between Musk and Trump.

I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination…

— Elon Musk (@elonmusk) June 3, 2025

In a stark rebuke, Musk characterized the spending bill as “outrageous” and “pork-filled, ” triggering discussions on his political alliances and the implications for Tesla. This stance has led to significant speculation regarding Musk’s attempts to advocate for EV tax credits that could facilitate the production of a lower-cost Tesla model.

Market Reactions and Future Implications

The repercussions of this political clash are evident in Tesla’s market performance, as analysts predict a decrease in sales of approximately 7% in Q2 2025, contributing to an anticipated annual decline of 5%.This downturn is largely attributed to the reputational damage that has stemmed from Musk’s foray into the political landscape.

Moreover, concerns are being raised about potential regulatory challenges Tesla may face from entities like the National Highway Traffic Safety Administration (NHTSA), especially as the company prepares to introduce its unsupervised Full Self-Driving (FSD) system.

$TSLA -4.7% [A Bloomberg investigation addresses concerns about the limitations of Tesla’s self-driving technology…]

— NOTRELOAD AI (@notreload_ai) June 4, 2025

Concerns about FSD safety have been highlighted, particularly following a recent Bloomberg report that pointed to its vulnerability in certain environmental conditions. Critics argue that the technology currently employed in Tesla vehicles is inadequate for the advanced capabilities Musk claims to be developing.

As of now, Tesla shares have seen a decline exceeding 8%, marking a year-to-date drop of around 20%.Analysts argue that this downturn may center around Musk’s political controversies and the subsequent perception of Tesla within the market.

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