Trump’s Mega-Bill Clears Senate, Pits the White House Against Elon Musk on Subsidies
- The US Senate has passed a new Republican tax and spending bill
- The bill’s passage has sparked a public feud between President Trump and Elon Musk
- The conflict centers on the bill’s cuts to clean energy and EV subsidies
President Donald Trump has reignited his public feud with tech billionaire Elon Musk, issuing a sharp rebuke over green energy subsidies and the nationwide push for electric vehicles.
In a post on X on July 1, Trump claimed that Musk’s success is entirely dependent on government support, a charge that comes as a new Republican-led spending bill threatens to cut those very subsidies.
What Is at the Heart of the Dispute?
In his post, President Trump accused Elon Musk of receiving more subsidies than any other individual in U.S. history, arguing that these funds are what have kept companies like Tesla and SpaceX afloat.
Without them, Trump claimed, Musk “would probably have to close up shop and head back home to South Africa.” He framed his opposition to the EV transition as a long-standing part of his political platform, stating that while EVs are fine, the choice to own one should not be mandatory. He even humorously suggested th…
The post Trump’s Mega-Bill Clears Senate, Pits the White House Against Elon Musk on Subsidies appeared first on Coin Edition.
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Trump’s Mega-Bill Clears Senate, Pits the White House Against Elon Musk on Subsidies
- The US Senate has passed a new Republican tax and spending bill
- The bill’s passage has sparked a public feud between President Trump and Elon Musk
- The conflict centers on the bill’s cuts to clean energy and EV subsidies
President Donald Trump has reignited his public feud with tech billionaire Elon Musk, issuing a sharp rebuke over green energy subsidies and the nationwide push for electric vehicles.
In a post on X on July 1, Trump claimed that Musk’s success is entirely dependent on government support, a charge that comes as a new Republican-led spending bill threatens to cut those very subsidies.
What Is at the Heart of the Dispute?
In his post, President Trump accused Elon Musk of receiving more subsidies than any other individual in U.S. history, arguing that these funds are what have kept companies like Tesla and SpaceX afloat.
Without them, Trump claimed, Musk “would probably have to close up shop and head back home to South Africa.” He framed his opposition to the EV transition as a long-standing part of his political platform, stating that while EVs are fine, the choice to own one should not be mandatory. He even humorously suggested th…
The post Trump’s Mega-Bill Clears Senate, Pits the White House Against Elon Musk on Subsidies appeared first on Coin Edition.
Read More
Trump’s One Big Beautifl Bill TLDR: Good or Bad for Bitcoin?