Close Menu
    Trending
    • Don’t miss this future sports legend, ready to launch from Rainier Beach
    • OpenAI, Google, and Perplexity near approval to host AI directly for the U.S. government (exclusive)
    • IEEE Course Improves Technical Writing Skills
    • Market Talk – February 18, 2026
    • Dolores Catania Blasts Rob Rausch For Turning On ‘Housewives’ On ‘Traitors’
    • Trump warns Britain not to ‘give away’ Diego Garcia base as US mulls Iran attack
    • Russia’s Putin meets Cuban FM, says US restrictions ‘unacceptable’ | News
    • Rashid Shaheed wants to ‘run it back’ with the Seahawks
    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

    Trump warns Britain not to ‘give away’ Diego Garcia base as US mulls Iran attack

    February 18, 2026

    Meta’s Zuckerberg faces questioning at youth addiction trial

    February 18, 2026

    In reversal, US agrees to review new Moderna flu shot

    February 18, 2026

    Ukraine war talks end in Geneva, neither side signals progress

    February 18, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Commentary: Meta’s fact-checking reversal lets Mark Zuckerberg drop the charade

    January 8, 2025

    Former Trump Advisor: “Government Set to Release $150 Trillion Asset to Public” | The Gateway Pundit

    June 11, 2025

    What is Systeme.io + how it works + my review (January 2024)

    December 30, 2024

    ‘Existential Threat’: Planned Parenthood Faces Potential $1.8 Billion Liability in Major Medicaid Fraud Lawsuit | The Gateway Pundit

    September 26, 2025

    How Timothée Chalamet Spoiled Girlfriend Kylie Jenner On Her Birthday

    August 22, 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.