Elon Musk has expressed strong disapproval of President Trump's federal spending bill, which could negatively impact Tesla by altering EV tax credits. At the same time, Musk's other ventures like SpaceX and xAI may reap benefits. This criticism highlights Musk's unique relationship with Trump's administration, as he has recently distanced himself from formal roles. The bill is seen as aligning with conservative priorities and includes cuts to Medicaid. Musk's vocal opposition may have consequences for his businesses as federal policy continues to shape their prospective futures.
Tesla could take a hit if President Trump's 'Big Beautiful Bill' becomes law while Elon Musk's AI company, however, may get a boost.
I'm sorry, but I just can't stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.
Shame on those who voted for it: you know you did wrong. Musk's sharp words for Trump's bill come just days after he officially left his position.
While Tesla stands to potentially lose, companies like SpaceX and xAI may benefit from the president's massive spending bill.
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