Trump-Musk feud erupts over spending bill

US President Donald Trump and Elon Musk have publicly fallen out after Musk criticized Trump’s signature spending bill and lobbied against it, according to BBC.

Trump expressed disappointment during a meeting with the German leader, prompting Musk to post unverified accusations on X linking Trump to Epstein-related files.

Trump reacted on Truth Social by saying Musk "went CRAZY," losing his government position, and threatening to sever federal contracts with his businesses.

The feud coincided with a 14 percent drop in Tesla’s stock, pushing its value below $1trn, BBC reported.