Donald Trump did not take the news well. In the ensuing hours, the president and his administration vehemently rejected details of the report, revealing that Musk was scheduled to head to the Pentagon while repeatedly denying that China would be a part of the conversation.

Elon Musk may be forced to sell shares previously pledged to secure certain personal loans, should Tesla stock continue to decline. As pointed out by several online commentators, Musk is currently close to facing a margin call on the loans used to facilitate his 2022 purchase of Twitter.