New Delhi, July 24 -- President Donald Trump took to Truth Social on Thursday (July 24) to push back against claims that he would target Elon Musk's companies by revoking federal subsidies.

In a post aimed at quashing the so-called narratives, Trump wrote: "Everyone is stating that I will destroy Elon's companies by taking away some, if not all, of the large scale subsidies he receives from the U.S. Government. This is not so!"

He continued, "I want Elon, and all businesses within our Country, to THRIVE, in fact, THRIVE like never before! The better they do, the better the USA does, and that's good for all of us."

The statement comes amid speculation that Trump might roll back clean energy and electric vehicle (EV) initiatives-many of ...