WASHINGTON (Reuters) -U.S. President Donald Trump suggested on Thursday that he may terminate U.S. government contracts and subsidies given to Elon Musk's companies, as the public feud between the two men escalates over a tax and spending bill.

"The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a Truth Social post.