Trump stated that he does not need Musk.
US President Donald Trump stated that he does not need Elon Musk, he just likes him. This is reported by 'Glavkom' referencing Trump's statement.
Trump mentioned that he does not need Elon Musk, but he simply likes him. According to the US president, Musk has done a great job.
The US president also stated that he does not need the Tesla that he recently purchased. Trump says he allows people in the office to ride this car.
Recall that billionaire and head of the US Department of Government Efficiency (DOGE) Elon Musk spoke with US President Donald Trump about tariffs against other countries. This is reported by 'Glavkom' referencing The Washington Post.
Earlier, Musk criticized the hardline approach to tariffs by Trump’s trade advisor Peter Navarro, who helped prepare new tariff plans. 'Having a PhD in economics from Harvard is bad, not good', Musk said about him.
In turn, Navarro stated that Musk sells cars and does not understand tariff issues.
The head of DOGE decided to directly address Trump regarding tariff policy. However, private negotiations with him did not yield results, as the American president announced plans on April 7 to impose a 50% tariff on goods from China.
By the way, Elon Musk's fortunes dropped below the $300 billion mark for the first time since November. The reason was the new tariff measures by US President Donald Trump.
On Monday, April 7, after another drop in Tesla shares, Musk lost another $4.4 billion. According to the Bloomberg Billionaires Index, his wealth decreased to $297.8 billion. This continued the losses of $31 billion that Musk suffered on Thursday and Friday of the previous week. Overall, since the beginning of 2025, the entrepreneur has lost $134.7 billion.
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