Elon Musk recently expressed regret for some of the comments he made about President Trump, just as new laws threatening Tesla’s future are on the horizon. Last week, Musk took to Twitter to criticize Trump and the GOP over the “Big Beautiful Bill,” even suggesting that the President’s reluctance to release the Epstein files was due to his involvement in them. Trump retaliated by threatening to cut all contracts and subsidies to Musk’s companies, causing Tesla’s stock to plummet. However, Musk quickly backtracked, deleting his posts and even sending a ‘heart emoji’ to Trump.
In a surprising turn of events, Musk publicly stated that he regrets some of his previous remarks about Trump. This change of heart could potentially aid the GOP in passing the controversial Big Beautiful Bill, which is expected to have a significant impact on the electric vehicle market in the US, particularly for Tesla. Trump is now reportedly preparing to sign three resolutions passed by Congress to reverse California’s emission rules, a move that could further harm Tesla’s operations.
Additionally, Tesla is facing a deadline to respond to the National Highway Traffic Safety Administration’s request for information about its planned robotaxi service in Austin. The service, based on Tesla’s “Supervised Full Self-Driving” system, is currently under investigation by the federal agency. The timing of Musk’s feud with Trump couldn’t have come at a worse time for Tesla, as the company’s earnings heavily rely on emission credits.
The situation has left many questioning Musk’s motives and actions, with some speculating that direct threats from the Trump administration may have prompted his sudden change of stance. The potential consequences of these developments could have long-lasting effects on Tesla’s future profitability and operations. It remains to be seen how regulators will handle the situation and whether Tesla will be able to navigate these challenges successfully.
