Trump says Musk will face ‘very serious consequences’ if he funds Democrats in midterm elections

US President Donald Trump says billionaire entrepreneur Elon Musk will have to face “very serious consequences” if he funds opposition Democratic Party candidates in the midterm elections next year.

The relationship between Trump and Musk has been deteriorating over a Republican-led bill including tax cuts. Musk served in a key post in the Trump administration before quitting it late last month.

In a telephone interview with NBC News on Saturday, Trump was asked if he thought his relationship with Musk is over. Trump said, “I would assume so.”

He criticized Musk for being “very disrespectful” of the office of the president.

Citing a senior White House official, Bloomberg reported on Friday that Trump is considering getting rid of the Tesla car he bought to show his solidarity with Musk’s electric vehicle firm.