Donald Trump

After a public feud, Elon Musk and Donald Trump sought reconciliation. Musk, after initiating the conflict with harsh words and accusations, issued a public apology. The article explores their complex relationship, highlighting past camaraderie and financial ties that influenced their interactions. The fallout included stock drops and potential business repercussions, prompting Musk’s swift reversal and aligning with Trump’s views, ultimately leading to apologies and a truce.

Errol Musk, Elon Musk’s father, attended a Moscow forum organized by Russian ideologue Alexander Dugin, sparking international interest. He discussed Elon’s relationship with Donald Trump, attributing the situation to a “mistake” and expecting a swift resolution. Errol believes his son opposes Democrats to counter their “stupid ideas.” The visit’s timing, coinciding with a Russian lawmaker’s asylum suggestion, highlights complex geopolitical dynamics.

After a public fallout with Donald Trump, Elon Musk proposed forming a new “America Party” to represent the political center. A poll on X showed overwhelming support. The disagreement stems from Musk’s criticism of Trump’s tax plan, leading to public clashes and threats from Trump regarding financial support for opposing candidates and government contracts. Trump stated the relationship between them is over.

Elon Musk’s strained relationship with Donald Trump has negatively impacted Tesla, resulting in a $150 billion drop in market capitalization. Despite this, Musk remains the world’s wealthiest individual, with a net worth of approximately $388 billion, far exceeding Mark Zuckerberg’s. Trump’s net worth is $5.4 billion. The cause of the conflict is unclear, but Musk has been critical of Trump.

Elon Musk’s criticism of Republican tax and spending plans has reportedly strained his relationship with Donald Trump. Disagreement over proposed legislation impacting Tesla and the electric vehicle industry, including fees for EV owners and elimination of tax credits, has fueled the tension. Musk, expressing concerns about “debt slavery,” has actively campaigned against the proposals, potentially damaging a previous close collaboration with Trump, who is reportedly displeased with the shift.

President Trump delayed implementing 50% tariffs on EU goods to July 9 amid ongoing trade talks, offering temporary relief but prompting analysts to warn of persistent market risks. Despite brief optimism in sectors like tech, experts caution the six-week extension may only pause, not resolve, tensions. Berenberg’s economist suggested a potential 10% tariff compromise, though EU retaliation looms if rates rise. Trump’s confrontational tactics and unclear objectives fuel uncertainty, with the EU’s phased proposals colliding with U.S. protectionism. Markets remain volatile as investors monitor negotiations, bracing for supply chain disruptions and inflation should talks collapse, signaling a turbulent summer of trade brinkmanship. (98 words)

Former U.S. President Donald Trump has threatened 25% tariffs on iPhones unless Apple shifts production stateside, with similar pressures on Samsung, per recent reports. Analysts dismiss the feasibility, noting Apple’s deep reliance on China’s integrated supply chain and the prohibitive costs of relocating manufacturing. TF International’s Ming-Chi Kuo estimates Apple would prioritize absorbing tariffs over restructuring supply lines, while Wedbush’s Dan Ives warns U.S. production could raise iPhone prices to $3,500, crippling demand. Both analysts deem the proposal politically driven and economically unviable.

Tensions between Donald Trump and Harvard University intensified after Trump criticized its academic standards, claiming some students struggle with basic math, amid federal actions targeting the institution. The Trump administration froze $2.2 billion in grants, alleging antisemitism tolerance and controversial DEI policies. On May 22, Homeland Security revoked Harvard’s certification to enroll international students, accusing it of fostering anti-Jewish sentiment. Harvard President Claudine Gay denounced the moves as political overreach, filing an emergency lawsuit. Analysts see the conflict as part of broader ideological clashes over academic freedom and federal oversight, with Harvard’s $51 billion endowment buffering immediate financial impacts but legal outcomes potentially reshaping university autonomy.

Justin Sun, founder of Tron, confirmed attendance at a dinner with Donald Trump as the largest holder of MAGA-themed Trump Tokens. His $19.67 million stake aligns with the token’s exclusive perks, including White House access for top holders. Sun’s prior $75 million investment in a Trump-linked asset project could channel up to $56 million to Trump affiliates. Meanwhile, U.S. regulators halted crypto enforcement actions since Trump’s 2024 campaign surge, including an SEC lawsuit against Sun over Tron, now paused. Valued at $8.5 billion, Sun continues blending crypto ventures with political ties amid regulatory scrutiny.