Tesla(US:TSLA) Xin Hua She·2025-07-25 07:14Group 1 - President Trump denies rumors of undermining Elon Musk's businesses, expressing hope for their success [1] - Recent tensions between Trump and Musk have arisen over tax and spending legislation, leading to public disputes [2] - Tesla's Q2 revenue decreased by 12% year-over-year, with net profit down 16%, attributed to reduced government support for electric vehicle manufacturers [2] Group 2 - Following the breakdown in relations, the Trump administration is reviewing contracts between Musk's SpaceX and federal agencies [2] - Trump suggested that terminating contracts with Musk's companies could be a way to save federal spending [2] - Musk argues that SpaceX's competitive pricing and quality service are essential for NASA contracts, which would be significantly more expensive if awarded to other companies [2]