Trump Threatens Subsidy Cuts, Audit of Musk's Companies
- President Donald Trump suggested that DOGE review Musk’s subsidies to cut federal spending, amid their ongoing feud over the 'Big Beautiful Bill'.
- The dispute stems from Musk’s criticism of the 'Big Beautiful Bill' over deficit increases and cuts to electric vehicle subsidies, prompting Trump to suggest investigating Musk’s government support.
- In a Truth Social post, Trump warned Musk could receive more subsidies than any individual ever, underscoring the vast federal support for his ventures.
- Tesla shares fell 5% premarket as Musk called supporting Republicans 'enabling debt slavery' and threatened to launch a new political party.
- Beyond current disputes, both Trump and Musk threaten primary challenges ahead of the 2026 midterm elections amid GOP splits over the bill's debt impact.
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'Cut it all': Musk responds to Trump's threat to end Tesla subsidies
The feud between President Donald Trump and Elon Musk has reignited, centered on a proposed federal tax and budget package that Trump strongly supports and Musk strongly opposes. In a post on Truth Social, Trump floated the idea that the Department of Government Efficiency (DOGE) should consider slashing federal subsidies to Musk’s businesses. Musk led the agency for the first few months of Trump's second term. “Without subsidies, Elon would pro…
Coverage Details
Total News Sources498
Leaning Left81Leaning Right78Center115Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 30%
C 42%
R 28%
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