See every side of every news story
Published loading...Updated

Trump Threatens Subsidy Cuts, Audit of Musk's Companies

  • On Monday, President Donald Trump proposed that DOGE review subsidies to Elon Musk's companies to cut costs and escalate their feud.
  • In 2025, Musk criticized the $5 trillion debt ceiling increase and vowed to fund opponents of Republican lawmakers supporting the bill, prompting Trump to suggest a subsidy review.
  • A Washington Post analysis shows Musk's companies received $38 million in federal support, while Tesla's market value dropped $150 billion amid regulatory concerns.
  • Following Trump's call to review Musk's subsidies, Tesla shares dropped over 6%, raising GOP fears about midterm prospects.
  • Trump's call to review Musk's companies risks delaying robotaxi tests in Texas and may impact Republican prospects in the 2026 midterm elections.
Insights by Ground AI
Does this summary seem wrong?
Podcasts & Opinions

515 Articles

All
Left
83
Center
106
Right
86
Lean Right

Within the framework of the White House offensive against naturalized citizens, the president of the United States slid that he could deport the South African tycoon. In the streaming program of La Tercera, 'From the Editor', the editor of Mundo, Fernando Fuentes, related the discord between the former allies: from Musk's rejection of Trump's tax cut project, to the threat that the government would cut subsidies to the companies of the owner of …

·Chile
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 39% of the sources are Center
39% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Hill broke the news in Washington, United States on Wednesday, December 25, 2024.
Sources are mostly out of (0)

You have read 1 out of your 5 free daily articles.

Join millions of well-informed readers who use Ground to compare coverage, check their news blindspots, and challenge their worldview.