Trump: "No plans to talk with Musk... reviewing all contracts with Tesla"

According to Reuters on the 6th (local time), President Trump met with reporters on Air Force One and said, "I hope Musk leads Tesla well," but also stated, "I will thoroughly review all contracts made with the federal government." It is also reported that he mentioned the possibility of returning the Tesla electric vehicle he purchased last March.

The conflict between the two peaked over the large-scale tax cut bill 'One Big Beautiful Bill' currently being promoted by the Republican Party. Musk criticized the bill, saying it would be a political burden for the Republicans and would increase the national debt by $2.4 trillion over 10 years.

Angered by this, President Trump declared a break with Musk and hinted at terminating contracts with his key businesses, SpaceX and Starlink, which are connected to the federal government. In response, Musk threatened to halt the operation of SpaceX's Dragon spacecraft, but later withdrew his position.

Meanwhile, despite the conflict, Tesla's stock rebounded on this day. Tesla, which plunged 14% the previous day and lost $150 billion in market capitalization, recovered part of its loss on this day.

Within the Republican Party, there are concerns that this conflict could become a negative factor in the upcoming midterm elections. If Musk suspends political donations or if support from Silicon Valley entrepreneurs weakens, it is anticipated that the Republican Party's grip on Congress could be shaken.