By Admin 
US President Donald Trump on Thursday claimed that he did not plan to end Allen Musk’s companies in the US. Trump said that he needs Musk and all other companies in the country and he wants these business to grow rapidly.
Controversy arose over subsidy
Recently, Trump had threatened that he would stop subsidy of billions of dollars received by Musk’s companies. But now he wrote on Truth Social,
“People are saying that I will end Allen’s companies, this is not true. I want Allen and every company of our country to flourish. The better it does, the more America will move forward.”
Old confrontation between Trump and Musk
Alan Musk, once a supporter of Trump, now often criticizes Trump. Their paths were separated when Musk left the Department of Government Efficiency. After this, there was a war of war between the two.
Controversy over ‘Big Beautiful Bill’
Musk recently criticized Trump’s bill called Trump “Big Beautiful Bill”. This bill will end the subsidy on electric vehicles, which till now used to give great benefit to Tesla.
In response to Trump’s threat, Musk had indicated that he would form a new political party. A few days later he announced ‘American Party’. He said that this party has been formed to return their freedom to the people.
Crisis hovering over Tesla
Musk’s largest company Tesla can be the most affected by this quarrel. Tesla is suffering heavy losses due to changes in rules like EV Tax Credit. On Thursday, the company’s shares came to $ 307.05, which is a decline of 7.67%.
Robotaxi project and government role
Tesla’s next big stake is on robotaxi, which is being tested in Austin, Texas. These vehicles will run without steering and break-paddle. Its decision will be US Transportation Department, which regulates the vehicle design.
Subsidy and government contracts
Tesla has so far earned $ 11 billion, only by selling regulatory credits to companies that do not follow EV rules.
At the same time, another Musk’s company Spacex has received contracts of about $ $ 22 billion from the US government.
Political impact and concern about Republican
Trump and Musk’s fight can become a headache for the Republican party. The party fears that this dispute may be lost in the 2026 mid-term elections. At the same time, Treasury Secretary Scott Besant replied on the criticism of Musk,- “I will take care of the country’s money-“