Trump criticizes Musk: Without subsidies, you would have returned to South Africa long ago! Musk responds: Cut everything, right now!

Wallstreetcn
2025.07.01 08:11
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After Musk's strong criticism of the "Big Beautiful Bill," "Trump&Musk" has once again clashed!

On July 1st local time, Trump blasted Musk on Truth Social, claiming that the subsidies Musk received might be more than anyone in history, and without the subsidies, he might have to shut down and "return to his hometown in South Africa."

Trump stated:

Musk has known for a long time, even before he strongly supported my presidential campaign, that I have always been strongly opposed to mandatory electric vehicle policies. This policy is absurd and has always been a key issue in my campaign. There is nothing wrong with electric vehicles, but no one should be forced to own one. The subsidies Musk has received may be more than anyone in history, and without those subsidies, he might have to shut down and return to his hometown in South Africa. That would mean no more rocket launches, satellite projects, or electric vehicle production, and our country could save a lot of money. Perhaps we should let DOGE carefully examine this issue? This could save a huge amount of funds!!!

Musk quickly responded:

"Cut it all, right now."

As early as early June, Musk criticized the congressional spending bill as "disgusting" on his social media platform X and called on lawmakers to cancel their support. Trump then retaliated, suggesting he would re-examine the government subsidies and contracts received by Tesla and its subsidiaries, "I am very disappointed; it is hard to say how long our relationship can last now."

This war of words ended in reconciliation on June 12, with Trump giving Musk's apology a "like" after Musk expressed regret.

According to an article from Wall Street Insight, on the 29th, the U.S. Senate passed an updated version of the "Big Beautiful Bill" pushed by Trump with a vote of 51 in favor and 49 against, which prematurely eliminated the $7,500 tax credit for consumers purchasing electric vehicles.

This once again sparked Musk's dissatisfaction. On the 30th, Musk fiercely criticized the "Big Beautiful Bill", stating that cutting subsidies for electric vehicles and clean energy would undermine the future industry of the United States, destroy millions of jobs, and would be political suicide for the Republican Party, causing "incredible damage" to the U.S