Tesla reportedly fired Omead Afshar, its head of North American and European operations, in June following a massive drop in European EV deliveries. Afshar, who joined Tesla in 2017, was just promoted to the position in November. The Wall Street Journal described Afshar as one of Musk's closest confidants at the company.

Yesterday, President Trump seemed to offer an olive branch to his former “first buddy,” Elon Musk, amidst their ongoing spat. In a post made to Truth Social, Trump claimed that he didn’t wish any harm on Elon or his businesses.

Trump is looking to set the record straight on his stance on Elon Musk's companies. The president said he wanted Elon's businesses to "thrive."

In the latest twist in their ongoing feud, Trump is doing a total 180 on his recent suggestion to axe Musk's federal contracts.

Donald Trump denied he was seeking to ruin the business empire of his onetime ally Elon Musk as retribution for their dispute over the US president’s signature tax law.

President Donald Trump said on Thursday that he wouldn't touch the federal subsidies Elon Musk's companies were enjoying because he wanted Musk to continue to prosper. "The 'subsidies' he's talking about simply do not exist," Musk wrote in an X post on the same day.

President Donald Trump on Thursday is set to sign more executive orders and visit the Federal Reserve. Trump's trip to the central bank's headquarters comes amid his relentless criticism of Fed Chair Jerome Powell over interest rates and over the massive renovation project at the Fed.

Elon Musk's companies have benefited from government contracts, including SpaceX through its relationships with the Pentagon and NASA.