2 hours ago

Elon Musk attends Trump's dinner with Saudi crown prince

(Reuters) -Elon Musk joined a dinner with U.S President Donald Trump and Saudi Crown Prince ​Mohammed bin Salman at the White House on Tuesday, the ‌second joint public appearance since a bitter public feud earlier this year.

Musk's attendance ‌could be a sign of reconciliation in a turbulent relationship between the Tesla CEO and the U.S. president.

Musk supported and funded Trump's election last year and became a close adviser to his administration ⁠early this year, ‌leading the Department of Government Efficiency (DOGE) and overseeing cuts to federal funding and jobs.

But ‍the two soon had a falling out. The billionaire businessman took to social media to attack Trump's sweeping tax and spending bill as fiscally reckless,​ and said he planned to create a new political party.‌ Trump hit back threatening to cut off the billions of dollars in subsidies that Musk's companies received from the federal government.

The feud, along with Musk's far-right political rhetoric, hurt Tesla's brand image, sales and stock price, analysts have ⁠said.

Musk and Trump have rarely come ​together publicly since. Musk was last ​spotted shaking hands with Trump at a memorial for conservative activist Charlie Kirk in September.

Trump is hosting the Saudi ‍de facto ruler as ⁠the latter seeks to rehabilitate his global image and deepen ties with Washington. Others at the dinner included Portugal's ⁠soccer star Cristiano Ronaldo and Nvidia CEO Jensen Huang.

(Reporting by Steve Holland ‌and Abhirup Roy, writing by Christian Martinez; editing ‌by Scott Malone and Stephen Coates)

Read Entire Article

Comments

News Networks