TechCapsules

AI-summarised brief · reviewed before publication

Several Tesla analysts believe that the ongoing feud between Elon Musk, CEO of Tesla, and US President Donald Trump will eventually pass, despite the escalating disagreement over the "Big Beautiful Bill" and its impact on the country's national debt. The public spat between Musk and Trump began in May, when Musk left his post as head of the Department of Government Efficiency (DOGE) under the Trump Administration. The two initially reconciled, but their differences resurfaced on Monday, as Musk continued to push back against the "Big Beautiful Bill", which he claims would increase spending and reverse the work DOGE did to trim the deficit. Musk took to Twitter to express his frustration, saying that every member of Congress who campaigned on reducing government spending but voted for the bill should be ashamed, and warning that they would lose their primary next year if he had anything to do with it. President Trump has hinted at retaliation, suggesting that DOGE could be "the monster" that "eats Elon", threatening to end the subsidies that SpaceX and Tesla receive. Musk has, however, indicated that he is not opposed to ending government subsidies for companies, including his own, as long as they are abolished across the board. Despite the heated exchange, analysts remain optimistic that the feud will eventually blow over. Cathie Wood, of ARK Invest, noted that the Musk-Trump spat is another example of "this too shall pass". Other bullish Tesla analysts share her view, expecting that the two will resolve their differences as they have done before, and that things will return to normal.