Tesla CEO Elon Musk shakes hands with President Donald Trump as they speak to reporters in the Oval Office on May 30, 2025. Kevin Dietsch/Getty Images
President Donald Trump on July 24 said that he does not want to revoke tech billionaire Elon Musk’s contracts with the U.S. government, a day after the White House signaled that it may no longer be doing business with Musk’s artificial intelligence company.
“Everyone is stating that I will destroy Elon’s companies by taking away some, if not all, of the large-scale subsidies he receives from the U.S. Government,” Trump wrote on Truth Social. “This is not so!”
