Shares of Elon Musk’s electric vehicle maker are falling sharply Thursday as investors fear his dispute with Donald Trump could end up hurting the company

The president also asserted that Musk's days of blistering attacks on the bill were motivated by the proposed elimination of consumer tax credits for electric vehicles. Musk, the CEO of electric vehicle maker Tesla,

U.S. President Donald Trump said on Friday that he has no plans to speak with Elon Musk, signaling the president and his former ally might not resolve their feud over a sweeping tax-cut bill any time soon.

The bill, known as the "One Big Beautiful Bill Act," is a priority for Republicans who control both the House and Senate.

President Donald Trump said the major tax and policy bill moving through Congress will be "jiggered around a little bit" before it's done.

The legislation that Republicans are trying to push through Congress could swell the very fiscal imbalance that party leaders have promised to tame for years.