Netizens in China are thoroughly entertained by the public spat between the U.S. president and world's richest man.

The brief détente between Elon Musk and President Donald Trump took its last breath over the weekend, as the billionaire and once top Republican donor announced he would form a new political party.

In response, Trump told NBC News that he had no intentions of speaking to Elon and said he would "pay very serious consequences" if he funded Democrats in future elections. Things simmered down when the two backtracked a bit. Trump told reporters he was planning on keeping the red Tesla.