Elon Musk, facing a fallout with President Trump over social media, expressed regret for his inflammatory posts, citing their impact on both his relationship with Trump and his financial interests. Musk's criticism was sparked by Trump's tax cut proposals, which Musk opposed, fearing retaliation that could jeopardize SpaceX and Tesla. Despite a drop in Tesla's stock, Musk's statements and a tentative robot-taxi launch date helped stabilize share prices. However, the future of Musk's relationship with Trump remains uncertain given the president's history of holding grudges and the potential ramifications for Musk's businesses reliant on government contracts.
Elon Musk expressed regret over his posts about Trump, indicating they were excessive and problematic, especially amidst threats to his wealth from potential government contract cuts.
Musk's dispute with Trump began over tax cuts, which posed risks to SpaceX and Tesla, leading to significant fluctuations in Tesla's stock price amid investor concerns.
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