Donald Trump has unleashed on former MAGA mate Elon Musk, accusing him of being a “train wreck” and “off the rails” in a searing Truth Social post. The latest spat between the president and the richest man in the world has flared up after Musk promised to start his new “America Party”.

After being called a “train wreck,” Musk accuses Trump of hiding Epstein ties and mocks the administration’s broken promises to release the files.

Tesla's valuation dropped $70 billion on Monday morning after President Trump called CEO Elon Musk a "TRAIN WRECK" over the weekend

Donald Trump Slams “Train Wreck” Elon Musk. President Donald Trump accused Elon Musk of going “off the rails” after the tech CEO expressed interest in launching a new political party.

Tesla, the jewel of Musk’s public holdings, has paid the price. The electric vehicle company has shed over $350 billion in market cap since the start of the year. X, formerly known as Twitter, hasn’t fared much better: its AI chatbot Grok has been caught spewing antisemitic content, and CEO Linda Yaccarino just announced her resignation on July 9.