Elon Musk, the billionaire and former head of the White House’s “Department of Government Efficiency,” slapped away an olive branch extended by the president on Thursday, keeping the feud between them alive.

Total revenue decreased by 12% from one year earlier, to $22.4 billion, while revenue derived from car sales dropped 16% over the second quarter of 2025 compared to a year ago, the earnings showed. The fresh data covered a period following the onset of Trump's auto tariffs in early April.