President Trump is now suggesting he could cut Elon Musk’s government contracts, as Musk uses his Twitter platform to promote conspiracy theories about Trump. MSNBC’s Ari Melber reports on the “explosive rupture” between the two.

On the “This Past Weekend w/ Theo Von,” episode released Saturday, Von showed Vance one of the most viral tweets from the pair’s feud, in which the Tesla CEO claimed, “@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public.”

The billionaire had claimed in a post on Thursday that the president was named in the much-discussed Epstein files.

Stephen Colbert, Jimmy Kimmel, Seth Meyers, Jimmy Kimmel and Michael Kosta took great delight at the president's very public breakup with the Tesla billionaire.

BREAKING: Donald Trump tells NBC News that Elon Musk will face “very serious consequences” if he funds Democratic candidates. Like Musk or not, a president threatening private citizens over political donations isn’t just wrong, it’s authoritarianism. pic.twitter.com/amZV0Joupn — Republicans against Trump (@RpsAgainstTrump) June 7, 2025

As Elon Musk and Donald Trump take jabs at each other online, their respective businesses are plummeting in value.

The first and foremost issue is public perception: surveys show that 60 percent of consumers hold an unfavorable opinion of Musk, which directly affects how people view the EV brand. This is particularly troubling in key markets like California and Europe, where Tesla was once highly popular—but is now facing organized backlash.