Elon Musk’s feud with President Donald Trump has reignited, with the tech billionaire threatening to launch a new political party and Trump suggesting Musk could be punished for his opposition.

This week, Trump has said Musk would have to "close up shop and head back home to South Africa" if he halted government subsidies to his companies, and then later added that his administration would "have to take a look" at deporting Musk.

Elon Musk escalated his feud with Donald Trump by digging up the president's old tweets to use his own words against him. Minutes later, Trump finally acknowledged Musk's behavior in the Oval Office