Donald Trump sells red Tesla amid fiery feud with Elon Musk: what’s next?

President Donald Trump is reportedly selling or giving away the red Tesla he purchased from Elon Musk, signaling a dramatic turn in their relationship.

The purchase was public and full price, with Trump stating, "I don't want a discount." However, tensions escalated quickly, culminating in a fiery social media feud between the two powerful figures.

Elon Musk, CEO of Tesla and head of the Department of Government Efficiency (DOGE), claimed that Trump would not have won the elections without him. In response, Trump expressed he was "very disappointed" in Musk.

The dispute had immediate financial repercussions: Tesla shares plunged 14% in one session, losing about $150 billion in value—the largest single-day decline in the company's history—before rebounding 4.5% the following day.

The feud has drawn widespread media and public attention, with late-night hosts like Jimmy Fallon and Stephen Colbert humorously commenting on the rapid deterioration of their friendship. Fallon quipped that their relationship went off the cliff faster than a self-driving Tesla, while Colbert joked that Trump is now a Tesla owner who hates Musk, making him "never been more relatable."

Seth Meyers highlighted the irony of Musk's heavy investment in an administration that ultimately turned against him, remarking, "It's as clear as ever that neither of these guys really believed in anything."

This public fallout between two of the world's most influential figures raises questions about the future of their interactions and the impact on Tesla's market performance.

President Donald Trump is selling his red Tesla amid a public feud with Elon Musk, marked by sharp social media exchanges. Musk claimed Trump wouldn’t have won elections without him, while Trump expressed disappointment. Tesla shares saw a volatile market reaction during the dispute.