Trump Escalates Feud with Musk, Threatens to Cut Government Contracts for His Companies
- Elon Musk publicly escalated his feud with Donald Trump on Thursday by criticizing Trump's signature tax and spending bill and threatening consequences for his companies.
- The conflict arose over Trump's 'One Big Beautiful Bill Act,' which Musk asserts was rapidly passed without proper review and would increase federal debt significantly.
- Musk condemned the bill for extending tax cuts, removing electric vehicle incentives, and boosting the deficit, while Trump expressed disappointment and suggested Musk suffers from 'Trump derangement syndrome.'
- Trump publicly threatened to cut government contracts and subsidies for Musk's companies, stating that ending these would save 'billions and billions of dollars' from the federal budget.
- The dispute has strained their once-close alliance, potentially impacting congressional support for the bill and raising prospects of Musk backing anti-Republican challengers in the next election cycle.
413 Articles
413 Articles
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