Elon Musk was referring to an earlier post by Donald Trump on Truth Social, which claimed that he wanted the Tesla CEO to “THRIVE”.

Tesla's going through a bumpy ride. Auto sales are falling, the Trump administration is rolling back on EVs and the company sold bitcoin at a really bad time.

President Donald Trump said on Thursday that he won't touch the federal subsidies Elon Musk's companies are enjoying because he wants Musk to continue to prosper. "The 'subsidies' he's talking about simply do not exist," Musk wrote in an X post on the same day.

Donald Trump has denied he is to blame for Tesla's recent downturn, pushing back against suggestions that rolling back electric vehicle subsidies would harm Elon Musk's company. "Everyone is stating that I will destroy Elon's companies by taking away some,

Trump denies plans to revoke Musk's subsidies, emphasizing support for U.S. companies. Discover implications for Tesla investors and market updates.

Musk insisted that his companies are not receiving any special government subsidies, as he appeared to dismiss the chance for a potential detente in his feud with Trump.

Tesla Inc. warned that provisions in President Donald Trump’s $3.4 trillion fiscal package will pose meaningful challenges for the EV maker in the next several months.

Shares of the EV maker fell after earnings. Some analysts are skeptical of Tesla’s ability to meet its robo-taxi timelines, cost targets and scale.