{"id":105942,"date":"2025-06-12T11:40:01","date_gmt":"2025-06-12T06:40:01","guid":{"rendered":"https:\/\/nationaltimes.pk\/eng\/?p=105942"},"modified":"2025-06-12T11:40:01","modified_gmt":"2025-06-12T06:40:01","slug":"musk-called-trump-before-expressing-regret-publicly-source-says","status":"publish","type":"post","link":"https:\/\/nationaltimes.pk\/eng\/2025\/105942\/","title":{"rendered":"Musk called Trump before expressing regret publicly, source says"},"content":{"rendered":"\n

Pakistan(National Times)- Musk said on Wednesday\u00a0he regretted<\/a>\u00a0some of the posts he made about Trump as they had gone \u201ctoo far,\u201d a gesture the U.S. president described as \u201cvery nice,\u201d in the latest sign of a tentative reconciliation between the two men. Billionaire businessman Elon Musk backed off digs he took at President\u00a0Donald Trump<\/a>\u00a0after extensive outreach from administration officials, including Vice President JD Vance, with Musk saying on Wednesday he had gone \u201ctoo far.\u201d The Tesla and SpaceX CEO voiced regret after having launched an\u00a0exchange<\/a>\u00a0of increasingly personal attacks last week on their respective social media sites by calling Trump\u2019s sweeping\u00a0tax and spending bill<\/a>\u00a0a \u201cdisgusting abomination.\u201d In other remarks, he called it too expensive. The feud escalated to a point where Musk threatened to start a rival political party and suggested Trump be impeached. For investors, the open rift potentially posed multiple hurdles for Tesla, SpaceX and the rest of Musk\u2019s sprawling business empire, including Starlink, which depends heavily on its relationship with the U.S. and other governments. \u201cI regret some of my posts about President Donald Trump last week. They went too far,\u201d Musk wrote in a post on his social media platform X on Wednesday, without saying which specific posts he was talking about. He has deleted some of the posts, including the one signaling support for impeachment. He has not walked back his criticism of Trump\u2019s tax bill, however. Vance, White House Chief of Staff Susie Wiles and David Sacks, Trump\u2019s crypto czar and a longtime Musk friend, all pushed for Musk and Trump to make up, said two people briefed on the conversations. Asked if he had helped defuse tensions between the two, Vance told reporters at the Kennedy Center that he had spoken with Musk and Trump about \u201ctrying to ensure that Elon is publicly supporting and privately supporting the president\u2019s agenda.\u201d He said Trump was \u201crightfully very frustrated\u201d with about Musk\u2019s comments, but had no desire to be in a long-term feud with the billionaire and big campaign donor. One of the sources said Musk was serious about potentially starting a new party, a risk for Trump\u2019s Republicans going into the November 2026 midterm congressional elections. In the 2024 vote, Musk gave Republicans roughly $300 million, contributing to their sweep of the White House and both houses of Congress. On Friday, James Fishback, a Tesla investor and adviser to Musk\u2019s government cost-cutting effort, posted on X that the billionaire owed Trump \u201ca full-throated apology.\u201d Musk retorted: \u201cWhat\u2019s the apology for exactly?\u201d Musk subsequently deleted several posts, and a senior Trump adviser called Fishback to thank him, according to one of the sources. Musk spoke to Trump on Monday, according to a White House source with knowledge of the matter. Press Secretary Karoline Leavitt told reporters on Wednesday that Trump appreciated the apology. Asked if the administration was reviewing Musk\u2019s government contracts after Trump\u2019s threat last week to cancel them, Leavitt said she was not aware of any such efforts.<\/p>\n\n\n\n

TESLA CONCERNS<\/strong><\/p>\n\n\n\n

Tesla shares were marginally lower on Wednesday. The stock has recouped most of its losses from the Trump-Musk feud, but shares are still down 19% on the year, equal to roughly $300 billion in market value. Sales of Tesla have fallen across key markets in Europe, China and U.S. states including California as car buyers shun the company following Musk\u2019s embrace of hard-right politics in the U.S. and worldwide. Musk is betting big on driverless technology to grow the company, but self-driving tech is in early stages and faces skepticism. An acrimonious relationship with Trump would risk more scrutiny of Musk\u2019s business practices, as the U.S. Transportation Department regulates vehicle design standards and would have a big say in whether Tesla can mass-produce robotaxis without pedals and steering wheels. \u201cThe conciliatory tone from Musk recently might indicate his desire to protect his businesses in the light of the position he has found himself in,\u201d said Mamta Valechha, consumer discretionary analyst at Tesla investor Quilter Cheviot. Shawn Campbell, adviser and investor at Camelthorn Investments, said the relationship between Musk and Trump could be restored but also said it was unlikely it would return to where it once was. \u201cThe stakes between the richest man in the world and leader of the most powerful nation in the world are just so big, with billions of dollars of government contracts at stake, not to mention the power to investigate and regulate and tax,\u201d said Campbell, who personally holds Tesla shares. Musk took credit for Republicans retaining a majority of seats in the House of Representatives and retaking a majority in the Senate with his cash infusion last year. Trump then named him to head an effort to downsize the federal workforce and slash spending. He left the role late last month. Declaring their relationship over on Saturday, Trump said there would be serious consequences if Musk decided to fund Democrats running against Republicans who vote for the tax and spending bill. Trump also said he had\u00a0no intention<\/a>\u00a0of repairing ties with Musk.<\/p>\n","protected":false},"excerpt":{"rendered":"

Pakistan(National Times)- Musk said on Wednesday\u00a0he regretted\u00a0some of the posts he made about Trump as they had gone \u201ctoo far,\u201d a gesture the U.S. president described as \u201cvery nice,\u201d in the latest sign of a tentative reconciliation between the two men. Billionaire businessman Elon Musk backed off digs he took at President\u00a0Donald Trump\u00a0after extensive outreach […]<\/p>\n","protected":false},"author":2,"featured_media":105943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-105942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","entry"],"yoast_head":"\nMusk called Trump before expressing regret publicly, source says - Nation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationaltimes.pk\/eng\/2025\/105942\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Musk called Trump before expressing regret publicly, source says - Nation\" \/>\n<meta property=\"og:description\" content=\"Pakistan(National Times)- Musk said on Wednesday\u00a0he regretted\u00a0some of the posts he made about Trump as they had gone \u201ctoo far,\u201d a gesture the U.S. president described as \u201cvery nice,\u201d in the latest sign of a tentative reconciliation between the two men. 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