Not long after Elon Musk continued to criticize him on social media, President Trump threatened to revoke government contracts with the billionaire.

The initial exchange of words began after President Trump spoke out about Musk, referring to his “Big Beautiful Bill” as an “abomination.

“I’ve always liked Elon,” Trump stated in the Oval Office during his meeting with German Chancellor Friedrich Merz. The world leader then said that he was “disappointed” with the Tesla founder for his remarks.

“Elon’s upset because we took the EV mandate, which was a lot of money for electric vehicles, and they’re having a hard time with electric vehicles, and they want us to pay billions of dollars in subsidy,” Trump said while explaining what caused the rift. “Elon knew this from the beginning.”

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