The feud between President Donald Trump and his former ally, Elon Musk, was reignited once again on Tuesday after the world’s richest person said he’ll back primary challenges against GOP lawmakers voting for the president’s signature spending bill, prompting Trump to retaliate by threatening to scrap government subsidies for Elon Musk’s firms.
Donald Trump and Elon Musk Breap-Up – Version 2
US President Donald Trump on Tuesday suggested DOGE should take a look at cutting the subsidies that Tesla CEO Elon Musk’s companies have received to save the federal government money. The berating from the US President came after tesla chief Elon Musk threatened to launch the ‘America Party’ if Donald Trump backed ‘Big Beautiful Bill’ was passed by the US Senate.
Donald Trump launched a fiery tirade against tech billionaire Elon Musk, accusing him of benefiting from massive US government subsidies while attacking the electric vehicle (EV) mandate.
In a characteristically unfiltered social media post, Donald Trump claimed that Elon Musk “may get more subsidy than any human being in history, by far,” and suggested that without such government support, Musk would be forced to “close up shop and head back home to South Africa.”
The remarks come despite Elon Musk having previously endorsed Donald Trump’s presidential bid, a point the US president addressed directly: “Elon Musk knew, long before he so strongly endorsed me for President, that I was strongly against the EV mandate. It is ridiculous, and was always a major part of my campaign.”
Donald Trump reiterated his long-held stance that while electric vehicles “are fine,” consumers should not be compelled to adopt them, calling the mandate “ridiculous.”
In a tone laced with sarcasm, Donald Trump hit at Elon Musk’s SpaceX and Tesla saying, “No more rocket launches, satellites, or electric car production, and our country would save a FORTUNE.”
Taking aim at the financial scale of government support for Musk’s ventures — from Tesla and SpaceX to Starlink — Donald Trump even suggested the DOGE (Department of Government Expenditure) should be brought in to scrutinise the tech mogul’s empire:
“Perhaps we should have DOGE take a good, hard look at this? BIG MONEY TO BE SAVED!!!”
America Party – Elon Musk’s fresh salvo on X
“Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame! And they will lose their primary next year if it is the last thing I do on this Earth,” Elon Musk posted early on Monday.
A few hours later the Tesla and SpaceX chief executive doubled down:
“If the insane spending bill passes, the America Party will be formed the next day.”
He added: “Our country needs an alternative to the Democrat‑Republican uniparty so that the people actually have a VOICE.”
Elon Musk Calls time on ‘the PORKY PIG PARTY!!’
The row escalated when Elon Musk blasted the Senate package for boosting borrowing by a record US$5 trillion:
“It is obvious with the insane spending of this bill, which increases the debt ceiling by a record FIVE TRILLION DOLLARS that we live in a one‑party country – the PORKY PIG PARTY!! Time for a new political party that actually cares about the people.”
Elon Musk insists lost subsidies for electric vehicles and solar power are not his chief concern; instead, he brands the bill “debt slavery” that props up “industries of the past while severely damaging industries of the future”.
Tesla In US EV Market
Tesla remains a dominant player in the US electric vehicle market. Despite recent volatility and a year-over-year revenue decline in early 2025, Tesla has continued to command a market capitalisation exceeding $1 trillion.
Tesla’s valuation is driven largely by its popular Model Y and Model 3 sales, alongside growth in its energy generation and storage segments. Analysts hold mixed views, with price targets ranging broadly from around $248 to $316, reflecting both optimism about Tesla’s innovation in autonomy and concerns over competition and regulatory challenges.
Elon Musk, Donald Trump, electric vehicles, government subsidies, Tesla, electric vehicle mandate, America Party
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