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Elon Musk vs. Donald Trump: A Power Clash Reshaping Politics and Tech

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By Bolanle Media Newsroom
Published: June 6, 2025

What began as a powerful alliance between Elon Musk and Donald Trump has erupted into a public political brawl—with implications that stretch far beyond personal ego. From electric vehicle policies to federal contracts, the stakes are massive for both men—and for America’s political and tech landscapes.


The Spark: Musk Denounces Trump’s “One Big Beautiful Bill”

On June 3, Elon Musk publicly condemned Trump’s proposed One Big Beautiful Bill Act, calling it a “disgusting abomination” loaded with “pork-barrel spending.” At the heart of his frustration is the bill’s elimination of electric vehicle tax credits, a direct threat to Tesla’s market advantage.

In a post on X (formerly Twitter), Musk warned that the bill was “a betrayal of innovation” and hinted at launching a new centrist political movement.

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Trump Responds: Personal Insults and Threats to Contracts

Trump wasted no time firing back. On Truth Social, he called Musk “mentally unstable,” accusing him of disloyalty and suggesting he’s suffering from “Trump Derangement Syndrome.” He even went further, threatening to revoke SpaceX and Tesla’s federal contracts, which total over \$22 billion.

“He owes everything to me,” Trump posted. “And this is how he repays us?”

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The Feud Escalates: Impeachment and Epstein Allegations

In an unexpected twist, Musk alleged Trump’s name appeared in Jeffrey Epstein’s files and called for his impeachment, igniting backlash and fueling conspiracy theories. While there’s no confirmed evidence of Trump in the unsealed documents, Musk’s statement went viral, further deepening the rift. The full video statement was posted on X here.


Financial Fallout Hits Both Camps

This war of words quickly spilled into the markets:

  • Tesla stock dropped 15% in a single day, costing the company more than \$100 billion in market value. Musk reportedly lost over \$20 billion personally.
  • Trump Media & Technology Group shares dipped nearly 8%, and the MAGA-backed \$TRUMP coin fell by more than 12%.
  • Wall Street analysts began speculating that the feud may have long-term consequences for both figures’ business empires and political influence.
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Musk Floats a Third Party

On June 5, Musk doubled down with a cryptic but deliberate tweet: “It’s time. A new party for a new future.” While short on details, the post immediately trended, with political commentators suggesting he may launch a centrist political party that could disrupt the 2026 midterms.

Some see this as a move to appeal to fiscally conservative, socially moderate voters disillusioned with both major parties.


What’s Next?

The political implications are still unfolding. Could Musk’s feud fracture the GOP? Will federal contracts be impacted? Will a centrist party gain real traction?

Bolanle Media will continue covering this evolving story—tracking not just the headlines, but what this says about power, loyalty, and the future of American leadership.

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US May Completely Cut Income Tax Due to Tariff Revenue

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President Donald Trump says the United States might one day get rid of federal income tax because of money the government collects from tariffs on imported goods. Tariffs are extra taxes the U.S. puts on products that come from other countries.

What Trump Is Saying

Trump has said that tariff money could become so large that it might allow the government to cut income taxes “almost completely.” He has also talked about possibly phasing out income tax over the next few years if tariff money keeps going up.

How Taxes Work Now

Right now, the federal government gets much more money from income taxes than from tariffs. Income taxes bring in trillions of dollars each year, while tariffs bring in only a small part of that total. Because of this gap, experts say tariffs would need to grow by many times to replace income tax money.

Questions From Experts

Many economists and tax experts doubt that tariffs alone could pay for the whole federal budget. They warn that very high tariffs could make many imported goods more expensive for shoppers in the United States. This could hit lower- and middle‑income families hardest, because they spend a big share of their money on everyday items.

What Congress Must Do

The president can change some tariffs, but only Congress can change or end the federal income tax. That means any real plan to remove income tax would need new laws passed by both the House of Representatives and the Senate. So far, there is no detailed law or full budget plan on this idea.

What It Means Right Now

For now, Trump’s comments are a proposal, not a change in the law. People and businesses still have to pay federal income tax under the current rules. The debate over using tariffs instead of income taxes is likely to continue among lawmakers, experts, and voters.

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Candace Owens Says Macrons Funded Plot to Kill Her

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Conservative commentator Candace Owens has made explosive allegations that French President Emmanuel Macron and First Lady Brigitte Macron orchestrated and financed a plot to assassinate her. Owens alleges that she was alerted by a high-ranking source within the French government who revealed that the assassination was to be carried out by an elite French police unit, the National Gendarmerie Intervention Group (GIGN), along with the involvement of at least one Israeli operative. According to Owens, this “joint state operation” was motivated by her outspoken coverage and conspiratorial claims about Brigitte Macron, including controversial statements questioning the First Lady’s gender identity.

Owens further claims the payments for the assassination were funneled through a secret French elite club called Club des Cent, suggesting a sophisticated and well-financed scheme. She also links this alleged plot to the assassination of her late friend Charlie Kirk in 2025, suggesting that his killer received training from France’s 13th Foreign Legion Brigade and that these events are part of a larger multi-state conspiracy.

Despite these serious accusations, Owens has not publicly shared concrete evidence, and French, Israeli, and American authorities have not confirmed any part of the story. The Macron family has previously filed defamation lawsuits against Owens over her unfounded assertions about them, highlighting a tense and ongoing feud.

Owens has vowed to provide further details, including identities and financial proof, if given the opportunity, and has called on the public and patriotic investigators to examine the matter closely. While her claims have stirred widespread attention and heated debate across social media and conservative circles, they currently remain unsubstantiated allegations amid a highly charged political and media environment.

This controversy adds a new and dramatic layer to Owens’ volatile relationship with the Macrons, marking perhaps the most sensational claim so far in her ongoing public disputes with the French presidential couple.

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Fugees Rapper Pras Michel Sentenced to 14 Years in Campaign Scandal

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Pras Michel, Grammy-winning rapper and founding member of the iconic group the Fugees, has been sentenced to 14 years in federal prison for his role in a sprawling illegal campaign finance and foreign influence scheme. The sentencing was handed down on November 20, 2025, by U.S. District Judge Colleen Kollar-Kotelly in Washington, D.C., following Michel’s conviction in April 2023 on charges including conspiracy, money laundering, acting as an unregistered foreign agent, and witness tampering.

At the heart of the scandal was Michel’s involvement in funneling over $120 million from fugitive Malaysian financier Low Taek Jho—known as Jho Low—into the 2012 reelection campaign of former President Barack Obama. Prosecutors detailed how Michel helped hide the origin of foreign donations through shell companies and straw donors, violating U.S. campaign finance laws that prohibit foreign contributions. Beyond the Obama campaign, Michel also engaged in illegal lobbying efforts during the Trump administration to obstruct investigations into Low’s role in the notorious 1MDB scandal, a massive Malaysian sovereign wealth fund corruption case.

Prosecutors described Michel as having “betrayed his country for financial gain,” persistently lying and manipulating government entities over nearly a decade. They advocated for a life sentence, emphasizing the severity of his offenses and the threat posed to U.S. national security. Testimonies during the high-profile trial included notable figures such as Hollywood actor Leonardo DiCaprio and former U.S. Attorney General Jeff Sessions.

Michel’s defense team condemned the harsh sentence as “entirely disproportionate,” arguing that similar cases resulted in lighter penalties, and pointed out that Michel received no espionage charges—a key consideration in foreign agent prosecutions. They announced plans to appeal the verdict and sentence. Following the prison term, Michel faces three years of supervised release and forfeiture of more than $64 million tied to the illegal campaign finance activity.

Michel, who shot to fame in the 1990s as part of the Fugees alongside Lauryn Hill and Wyclef Jean, now confronts a dramatic fall from grace that underscores the extensive consequences of illicit foreign influence in American politics. Despite this setback, his representatives remain grateful for the support received, stating that this chapter does not mark the end of his journey.

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This landmark case serves as a stark reminder of the importance of safeguarding U.S. elections from covert foreign interference and the serious repercussions for those who betray democratic principles for financial gain.bbc+4

  1. https://www.bbc.com/news/articles/cg7n7l70vzgo
  2. https://www.aljazeera.com/news/2025/11/21/fugees-rapper-sentenced-to-14-years-in-prison-over-illegal-obama-donations
  3. https://www.wsj.com/us-news/fugees-member-sentenced-to-14-years-for-campaign-donation-scheme-7bbb7850
  4. https://www.youtube.com/watch?v=ow4bcn8mkIM
  5. https://www.lemonde.fr/en/international/article/2025/11/21/fugees-rapper-pras-michel-sentenced-to-14-years-in-prison-in-us-campaign-financing-scandal_6747698_4.html
  6. https://www.politico.com/newsletters/politico-influence/2025/11/20/fugees-star-sentenced-to-14-years-in-fara-case-00664124
  7. https://www.justice.gov/archives/opa/pr/us-entertainer-convicted-engaging-foreign-influence-campaign
  8. https://apnews.com/article/852e3aa86a604597b99c5e81179a7b6b
  9. https://www.reddit.com/r/hiphopheads/comments/11g6you/the_fugee_the_fugitive_and_the_fbi_how_rapper/
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