On his social media platform X on Tuesday, the billionaire posted "Shut up, Dan," just hours after the analyst and Tesla fan recommended that the electric car maker's board of directors curb the CEO's political activity.

Musk called the legislation a “disgusting abomination” and “pork-filled,” voicing frustration with its impact on the federal deficit. While Trump hinted that Musk’s anger stemmed from cuts to green energy tax credits, Musk has denied it.

Trump's Department of Government Efficiency led by Elon Musk faced resistance while attempting to reduce federal workforce and address the $37 trillion national debt.

Tesla ( TSLA -0.52%) stock is on the move again, and for the wrong reasons. The automaker's stock fell 7% on Monday after Wedbush analyst Dan Ives issued a grim report in response to CEO Elon Musk's plans to start a new political party.

Trump, making his first comments on Musk’s criticism of his bill during an Oval Office press conference, insinuated the Tesla CEO opposes his “One Big Beautiful Bill Act” because he is “upset” the electric vehicle tax credit was removed, adding he’s not sure he’ll remain friends with Musk and alleging Musk “knew the inner workings of the bill.”

Elon Musk reigniting his feud with the president is "stupid," longtime Tesla investor Ross Gerber said.

Elon Musk announced his intention to launch a third party, reigniting his feud with Donald Trump and sending Tesla shares spiraling. Max Chafkin and Mark McKinnon discuss on The 11th Hour.