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MONDAY, JUNE 16, 2025
Trump considers getting rid of his Tesla on heels of Elon Musk feud

World+Biz

CNBC
07 June, 2025, 09:30 am
Last modified: 07 June, 2025, 09:33 am

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Trump considers getting rid of his Tesla on heels of Elon Musk feud

Trump has threatened to cut federal government contracts with Musk’s companies, including SpaceX

CNBC
07 June, 2025, 09:30 am
Last modified: 07 June, 2025, 09:33 am
Musk's ongoing focus as an advisor to President Donald Trump, here touting Teslas at a recent event in Washington, has led to what he calls "great difficulty" in managing the carmaker. REUTERS/Kevin Lamarque/File Photo
Musk's ongoing focus as an advisor to President Donald Trump, here touting Teslas at a recent event in Washington, has led to what he calls "great difficulty" in managing the carmaker. REUTERS/Kevin Lamarque/File Photo

President Donald Trump is mulling selling or giving away a red Tesla he bought in March.

Trump and Elon Musk fell out on Thursday (5 June) after the Tesla CEO harshly criticised a major tax bill the president wants Congress to pass, CNBC reports.

Trump has threatened to cut federal government contracts with Musk's companies, including SpaceX.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

President Donald Trump is the latest Tesla owner to think about getting rid of his car after souring on Elon Musk.

Trump is considering selling, or even giving away, the red Model S Tesla he bought in March, a senior White House official told NBC News, a day after the president's alliance with Musk dramatically ruptured.

Trump purchased the electric vehicle to show support for Tesla, whose CEO, Musk, had come under fire from some customers and others for his work in the president's administration on DOGE, a wide-ranging effort to slash government spending and workforce.

At the time, there had been a series of attacks on Tesla vehicles and locations linked to the company.

But Trump's view of Musk sharply shifted Thursday, after days of the mega-billionaire criticising a major tax bill that Trump wants Congress to pass.

Trump called Musk "crazy," and threatened to cut federal government contracts with Musk's companies, among them SpaceX.

The president has not made a final decision on what to do with his Tesla, according to the White House official who spoke to NBC.

The car is parked outside the White House.

Margo Martin, a special assistant to Trump, posted a photo of her and White House Press Secretary Karoline Leavitt sitting in the Tesla last week.

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Donald Trump / Elon Musk / Tesla

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