US EditionTrump Threatens Subsidy Cuts, Audit of Musk's Companies
- On July 1, President Donald Trump announced plans for DOGE to scrutinize Musk's subsidies, reigniting their feud over government spending.
- Following Musk’s criticism, Trump called the 'big, beautiful bill' 'utterly insane and destructive,' prompting his response amid Senate debate on the bill's spending cuts.
- JPMorgan projects up to $1.2 billion in revenue loss for Tesla due to potential EV tax credit eliminations, including $7,500 for new and $4,000 for used vehicles.
- Following Trump’s remarks, Tesla shares dropped 6% premarket, closing at about $303.45, reducing its market cap to $947.2 billion.
- As the One Big Beautiful Bill advances in Congress, Musk threatens to form the 'America Party,' potentially reshaping 2026 midterm dynamics and deepening Trump-Musk rift.
464 Articles
464 Articles
Trump threatens to pull support for SpaceX and Tesla after Musk’s ‘big, beautiful bill’ criticism. Can he do that?
In the aftermath of his departure from the Department of Government Efficiency, Elon Musk restarted his feud with President Donald Trump on Monday over the president’s “big, beautiful bill.” Weeks after criticizing Trump’s domestic policy agenda and calling on Republicans…
Something’s not right with this guy
Donate to Democratic candidate Adam Frisch. Donate to Palmer Report. Hi it's me, Bill Palmer. I'm back! Help me relaunch Palmer Report into a dominant fighting force at this crucial time in our history: Donate now.Zohran Mamdani has officially been declared the winner of the New York mayoral primary. Yes, he has, and while he claims this title of winner, Donald John Trump is scowling menacingly as he threatens to deport Mamdani. Why would he do…
US President Donald Trump has claimed that his former ally Elon Musk is "angry" about the elimination of incentives for electric cars and warned him that he "stands to lose a lot more" under the current…
Coverage Details
Bias Distribution
- 41% of the sources are Center
To view factuality data please Upgrade to Premium
