Is Trump Selling His Tesla as His Feud with Musk Intensifies?

Washington, June 7 (NationPress) US President Donald Trump has plans to sell the red Tesla he claimed to acquire in March, as reported by local media.

Trump initially bought the vehicle to showcase his backing for Elon Musk during a period of criticism regarding his involvement in the administration, according to the Xinhua news agency, referencing The New York Times.

"Officials within the administration indicated that Mr. Trump exhibited minimal interest in engaging with Mr. Musk, even after the billionaire expressed willingness to ease the ongoing conflict," the report highlighted.

On Thursday evening, Musk withdrew a threat to "immediately" retire SpaceX's Dragon spacecraft, which is responsible for transporting NASA astronauts and supplies to and from the International Space Station.

Shortly thereafter, hedge-fund billionaire Bill Ackman suggested on social media that the two men "should reconcile for the good of our great nation," to which Musk replied, "You're not wrong."

"For Musk, a lengthy dispute with Trump could prove to be extremely costly," the report observed. His companies, including SpaceX, have gained billions in government contracts and stand to acquire billions more.

On the same day, Trump threatened to terminate those contracts.

The ongoing feud poses risks for Trump as well, the report noted. Musk, who is the world's wealthiest individual and contributed approximately $275 million to support Trump's 2024 campaign, had promised to donate $100 million to organizations associated with the president's team before the 2026 midterms.

The delivery of those funds is now uncertain.

This situation unfolds against the backdrop of Musk's earlier threat, which he later retracted, to end NASA's access to SpaceX's Dragon spacecraft. This would significantly impact NASA, stripping the agency of the only American craft capable of ferrying astronauts to the International Space Station and drastically altering NASA's access to the $100 billion orbiting laboratory, as reported by The Washington Post.

The threat, made via X, arose amidst an escalating conflict between the wealthiest individual globally and President Donald Trump, following Trump's warning to cancel all federal contracts held by Musk's companies.

"Considering SpaceX's critical role in various federal initiatives, severing those connections could leave NASA, the Pentagon, and intelligence agencies in a precarious position," the report emphasized.

Hours after issuing the threat, Musk softened his stance, responding to a post on X that he should take a step back and reconsider: "Alright, we won't decommission Dragon."