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Musk Tesla boss urged Trump to reverse policy

The Guardian

|

April 09, 2025

Elon Musk made personal, repeated attempts to get Donald Trump to back off from the wave of global tariffs that have created turmoil in international markets, it was reported yesterday.

- Richard Luscombe

Musk Tesla boss urged Trump to reverse policy

Musk's failure to get Trump to listen, however, is evidence to some observers of a growing rift between the US president and the world's richest person, who has been leading White House efforts to curb federal spending as head of the unofficial department of government efficiency (Doge).

Two sources confirmed to the Washington Post that Musk had made a number of personal approaches to Trump over the weekend to try to persuade him to reverse the slate of trade tariffs he announced last Thursday on a vast number of countries, many of them longstanding US allies.

Their imposition tanked stock markets worldwide on Monday, wiped trillions of dollars from the values of numerous companies, and hit the wealth of several billionaire friends of Trump, including Musk, a founder of Tesla and SpaceX, and owner of X - whose personal fortune fell below $300bn for the first time since last year, according to reports.

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