Donald Trump threatened to withdraw government subsidies from Elon Musk’s companies and examine the billionaire’s immigration status after the Tesla Inc. chief executive officer ratcheted up his criticism of the president’s tax and spending bill.
President Trump said he could use the cost-cutting effort that Musk pitched during Trump’s campaign and led for months against the leader of Tesla and SpaceX, telling reporters on Tuesday the Department of Government Efficiency may review US funding for rocket launches, satellites and EVs, and that “not everyone wants an electric car.”
“DOGE is the monster that might have to go back and eat Elon,” Trump said as he walked along the White House’s South Lawn to board Marine One, echoing earlier posts on Truth Social that laid into Musk.
Musk “may get more subsidy than any human being in history, by far,” Trump posted on Tuesday shortly after midnight. Without that government support, “Elon would probably have to close up shop and head back home to South Africa.”
Read more: https://www.bloomberg.com/news/articles/2025-07-01/trump-takes-aim-at-musk-over-ev-mandate-and-subsidies
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