Close Menu
    Trending
    • More than 13,000 pounds of chicken recalled over Listeria concerns
    • Are ‘tech dense’ farms the future of farming?
    • Gwyneth Paltrow Was Worried About Her Sex Scenes With Timothée Chalamet
    • Sydney beaches stay closed after three shark attacks in two days
    • Bulgaria’s President Rumen Radev says he will resign ahead of snap election | Elections News
    • Bulgaria’s President Rumen Radev says he will resign ahead of snap election | Elections News
    • The ‘Most 10 rushing-TD NFL seasons’ quiz
    • Model MLK Jr. and ask: What am I doing for others?
    The Daily FuseThe Daily Fuse
    • Home
    • Latest News
    • Politics
    • World News
    • Tech News
    • Business
    • Sports
    • More
      • World Economy
      • Entertaiment
      • Finance
      • Opinions
      • Trending News
    The Daily FuseThe Daily Fuse
    Home»Trending News»Trump, Musk feud deepens over sweeping tax-cut bill as Tesla shares plunge
    Trending News

    Trump, Musk feud deepens over sweeping tax-cut bill as Tesla shares plunge

    The Daily FuseBy The Daily FuseJune 5, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Trump, Musk feud deepens over sweeping tax-cut bill as Tesla shares plunge
    Share
    Facebook Twitter LinkedIn Pinterest Email


    FEUD ESCALATES AS MUSK CRITICISES TRUMP’S ‘BEAUTIFUL BILL’

    Starting Tuesday, Musk launched a wave of criticism in opposition to Trump’s proposed laws, dubbed the “massive, stunning invoice”, calling it a “disgusting abomination” that will drive up US debt. Nonpartisan estimates say the measure might add between US$2.4 trillion and US$5 trillion to the nationwide debt, which now exceeds US$36 trillion.

    Trump dismissed Musk’s critique as self-serving, saying it stemmed from the invoice’s plan to scrap tax credit for electrical automobiles, a key profit for Tesla.

    “He isn’t the primary,” Trump stated. “Individuals go away my administration … then sooner or later they miss it so badly, and a few of them embrace it and a few of them truly change into hostile.”

    Musk had headed the White Home’s Division of Authorities Effectivity, the place he oversaw broad spending cuts and workers reductions. Although hailed by Trump final week upon his departure, Musk later expressed frustration with the bounds of his affect.

    Musk claimed he deliberate to cut back his political exercise, however his newest posts recommend in any other case. He referred to as the invoice a “mountain of disgusting pork” and posted: “Slim Stunning Invoice for the win… KILL the BILL.”

    Although Musk’s workplace lower federal spending by tens of billions, the whole fell far wanting his US$2 trillion goal. The disruption triggered authorized motion and backlash throughout authorities businesses.

    Some Republicans are actually echoing Musk’s concern concerning the invoice’s value, elevating doubts about its future within the Senate.

    In the meantime, buyers and political analysts are watching intently because the fallout from the feud grows. Protests at Tesla websites within the US and Europe have intensified, with critics arguing Musk’s political focus is hurting his firms.

    A White Home official, talking on background, underscored the cooling dynamic between the 2 males.

    “The president is making it clear: this White Home will not be beholden to Elon Musk on coverage,” the official stated. “By attacking the invoice the way in which he did, Musk has clearly picked a aspect.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    The Daily Fuse
    • Website

    Related Posts

    Sydney beaches stay closed after three shark attacks in two days

    January 20, 2026

    EU ban on ‘forever chemicals’ set for delay

    January 19, 2026

    Trump to charge US$1bn for permanent ‘peace board’ membership

    January 19, 2026

    Man swims at flooded golf course as heavy rainfall, flash flooding hit Sydney

    January 19, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Will Arnett Quietly Splits From His Girlfriend Alessandra Brawn

    August 30, 2025

    Race for Seattle mayor seems to be more about Trump than the city

    October 27, 2025

    First international flight since al-Assad’s removal lands in Syria | Syria’s War News

    January 7, 2025

    Court ruling opens way for long-needed inspection of detention center

    August 29, 2025

    Leaders Flex Muscles Against International Criminal Court

    April 8, 2025
    Categories
    • Business
    • Entertainment News
    • Finance
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Thedailyfuse.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.