US EditionTrump Threatens Subsidy Cuts, Audit of Musk's Companies
- On Tuesday, Trump suggested that DOGE should review Musk’s subsidies to reduce federal spending, escalating their public feud over the bill.
- Musk’s opposition to the ‘Big Beautiful Bill,’ which the CBO estimates would add $3.3 trillion to the deficit, ignited the feud with Trump over subsidies and spending.
- The Washington Post reports Musk’s companies received at least $38 billion in federal support, with Trump warning he may get more subsidies than anyone in history.
- Tesla shares fell 5% premarket as Musk called supporting Republicans 'enabling debt slavery' and threatened to launch a new party, escalating political tensions.
- Beyond these clashes, Trump and Musk threaten primary challenges before the 2026 midterms amid GOP split 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 Sources514
Leaning Left84Leaning Right81Center118Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 30%
C 42%
R 29%
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