APPLENEWS - STORY ADD
Trump admin live updates: Trump says Musk will 'pay the consequences' if he funds Democrats
The president added that he "doesn't have to" try to repair their relationship.
A bitter public feud between President Donald Trump and Elon Musk erupted on Thursday, with the Tesla billionaire agreeing to calls for Trump's impeachment while Trump suggested ending Musk's government contracts.
Musk showed some signs of softening his tone, but Trump on Friday told ABC News Musk was a "man who has lost his mind" and that he was "not particularly" interested in talking to him right now.
The spat began in part because of Musk's criticism of Trump's "One Big Beautiful Bill Act," a sweeping immigration and tax bill that would fund much of the president's domestic agenda.
Latest headlines:
Trump supports scrapping debt ceiling
President Donald Trump said he wants the debt ceiling scrapped, taking sides with progressive Democratic Sen. Elizabeth Warren, while also standing in diametric opposition to some budget hawks in his own party.
"The Debt Limit should be entirely scrapped to prevent an Economic catastrophe. It is too devastating to be put in the hands of political people that may want to use it despite the horrendous effect it could have on our Country and, indirectly, even the World," Trump wrote in a Truth Social post in response to a post from Warren.
Raising the debt ceiling means increasing the amount of debt the U.S. can accrue to pay its bills.
"Because if we don't take care of it, we have a country in default, and we don't ever want to have a country and of. You know, I'll tell you a certain senator Elizabeth Warren said that she would never, ever, allow a default on our debt. She would never let, let it happen. And she would like to get rid of the debt ceiling," Trump said last Friday in the Oval Office in response to a question from ABC News' Karen Travers.
"I think you should get rid of it. It's too catastrophic," Trump added.
--ABC News' Michelle Stoddart
Johnson hopes Trump, Musk patch things up but warns 'don't ever challenge' the president
Amid the fallout between President Donald Trump and Elon Musk, House Speaker Mike Johnson told ABC News Friday he was disappointed and surprised by the billionaire's tirade against the president.
However, he said he hopes the two reconcile.
"I was with the president in the Oval Office yesterday afternoon as some of this was unfolding, and I can tell you he, as he said in his own words, he was just disappointed, and I was, too. I'm surprised by Elon's sudden opposition, and look, I hope they reconcile. I believe in redemption." Johnson said.
But, without naming Musk, the speaker issued a stark warning.
"But I'll tell you what, do not doubt and do not second-guess, and don't ever challenge the president of the United States, Donald Trump. He is the leader of the party. He's the most consequential political figure of this generation in probably the modern era, and he's doing an excellent job for the people," he said.
-ABC News' Lauren Peller, Arthur Jones II and Jay O'Brien
Trump considering selling or giving away Tesla he purchased to support Musk
The Tesla was parked on West Executive Avenue on Thursday.
--ABC News' Rachel Scott
Vance expresses support for Trump
Late Thursday evening, Vice President JD Vance expressed his support for the president amid the public dispute between Donald Trump and Musk.
"President Trump has done more than anyone in my lifetime to earn the trust of the movement he leads. I am proud to stand beside him," he wrote on social media.
-ABC News' Kelsey Walsh