U.S. President Donald Trump and Tesla CEO Elon Musk are locked in a fiery public feud over government subsidies, sparking debates about green energy, fiscal policy, and political alliances. 🔥 The drama unfolded this week as Trump suggested slashing support for Musk’s companies, while the billionaire entrepreneur vowed to challenge lawmakers backing Trump’s controversial spending bill.
Subsidy Showdown 💸
Trump claimed on Truth Social that Musk has received 'more subsidy than any human being in history' and threatened to halt funding for SpaceX rockets, satellites, and Tesla’s EV production. 'Our Country would save a FORTUNE,' he wrote, jokingly suggesting cryptocurrency DOGE should audit the situation.
Musk Fights Back ⚡
Musk fired back, calling Trump’s 'big, beautiful bill' a debt-ceiling disaster that could 'destroy millions of jobs.' He pledged to campaign against lawmakers supporting the legislation, warning: 'They will lose their primary next year if it’s the last thing I do.' The Tesla chief also endorsed Republican Congressman Thomas Massie, drawing Trump’s ire.
What’s at Stake? 📉
The bill could eliminate EV tax credits worth up to $7,500 per vehicle—a move JPMorgan Chase estimates might cost Tesla $1.2 billion. Musk called the legislation 'utterly insane,' while Trump doubled down on his anti-EV mandate stance: 'Electric cars are fine, but not everyone should be forced to own one.'
As the 2024 election cycle heats up, this clash highlights growing tensions between tech innovation and political priorities. 🗳️ Who’s got the winning strategy? Stay tuned.
