Washington D.C., June 11 -- Tech billionaire Elon Musk has expressed regret over his recent remarks about US President Donald Trump, stating that some of his posts last week "went too far."

Taking to his official handle on X (formerly Twitter), Musk posted, "I regret some of my posts about President @realDonaldTrump last week. They went too far."

Meanwhile, Trump warned Musk of "serious consequences" if he funds Democratic candidates running against Republicans backing the GOP's budget bill, escalating tensions between the two influential figures.

Speaking to NBC News in a phone interview on Saturday, Trump said, "If he does, he'll have to pay the consequences for that." However, he refused to elaborate on what those consequences might...