Trump ‘confused' over Elon Musk's outbursts after leaving DOGE role
Elon Musk criticized President Trump 's "big, beautiful bill" as a "disgusting abomination" on X, leading to White House advisors being "caught off guard."
Trump is reportedly "losing patience" and "confused" by Musk's stance, especially after Musk's recent tenure as a special government employee.
Musk's opposition stems from the bill's cut to an electric vehicle tax credit, impacting Tesla customers, and Trump's decision to scrap Jared Isaacman's NASA nomination.
House Speaker Mike Johnson expressed surprise at Musk's sudden reversal, while Kentucky Senator Rand Paul and other fiscal conservatives support Musk's concerns about the bill adding trillions to the national debt.
White House Press Secretary Karoline Leavitt said Musk's opinion didn't change the President's stance, while Trump aides have suggested that while Trump can be forgiving, he does not easily forget slights.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Mail
11 minutes ago
- Daily Mail
Red state hit with huge influx of MILLIONAIRES fleeing woke, crime-ridden California
The desert state once known for cheap buffets and neon-lit dreams is now bursting at the seams with California 's richest refugees fleeing the chaos of the Golden State. But they're not just bringing suitcases. They're bringing millions. According to a new study that looked at data from the US Census Bureau the number of millionaire households in the Las Vegas Valley has surged an eye-popping 166 percent since 2019. That's 879 millionaire households in 2023, up from just 331 before the pandemic. Many of these new millionaires are homeowners, bucking national trends where even the ultra-rich are increasingly looking to rent. The real estate boom has been driven in no small part by Californians, particularly those weary of cities' crime, homelessness, high taxes and what some describe as the state's 'hostile' regulatory climate. Nevada is so attractive to the monied because the state levies no taxes on corporate income or shares. It also doesn't have taxes on personal income, franchises, inheritances, gifts or estates In 2024 alone, nearly 39,000 Californians traded palm trees for desert heat, handing over their driver's licenses at Nevada DMVs in record numbers, and reigniting fears that the Silver State may soon resemble the Golden State - politically and economically. 'It's no surprise to see the number of millionaire households in Las Vegas tripling since 2019. We've felt that momentum firsthand. The city has transformed into a magnet for high-net-worth individuals who want more space, better quality of life, and the energy of a city that's constantly evolving,' said Las Vegas-based luxury real estate broker Ivan Sher to the Las Vegas Review-Journal. Some high profile business leaders who have left California for the bright lights of Vegas include billionaire spouses Andrew and Peggy Cherng, the co-founders of Panda Express, and David Chao, cofounder and general partner of multibillion-dollar venture firm DCM. Even some celebrities - Mark Wahlberg and Dean Cain among them - have been drawn to the bright lights of Vegas over the last two years in the wake of California's mansion tax. Teddy Liaw, the founder of NexRep marketplace, relocated to Southern Nevada a few years ago after becoming 'disenchanted' with the San Francisco Bay Area. Liaw explained how he is pitching to California's tech entrepreneurs, millionaires, billionaires and CEO's how Nevada is 'pro-business.' 'There's a reason they're leaving California in the first place: the politics and the regulatory environment,' Liaw said. 'They are seeing the allure here in terms of access and quality of life and the opportunities we have here.' Liaw founded the Vegas Tech Summit, where tech entrepreneurs can discuss the business landscape of the region with one other each October. He described Nevada's pro-business culture was like a breath of fresh, tax-free air.' They are seeing the allure here in terms of access and quality of life and the opportunities we have here. At the end of the day California has lost population, this is a big deal.' Kent Yoshimura, co-founder of NeuroGum, a company that makes gum with caffeine in to boost memory and focus. Yoshimura moved the multimillion-dollar business from Los Angeles to Las Vegas and said the choice to relocate his company and part of his staff to Summerlin was about more than just money but about clarity. 'When you don't have to think about that excess stuff as much, it makes life much easier and it allows you to maintain a higher level of focus,' Yoshimura said. 'I probably see more people now being in Vegas than I did in LA, because everybody wants to come visit here.' Yoshimura spoke at the third annual Vegas Tech Summit, an increasingly elite event that has drawn tech millionaires, CEOs, and investors to the city's most exclusive neighborhoods like the Summit Club, a far cry from Silicon Valley's increasingly grim tech scene. 'The employment laws are a lot easier here, the affordability of a house, transportation,' Yoshimura said, adding, 'I live in Summerlin and it's 20 miles to my office and it takes 20 minutes. … When I was in downtown [Los Angeles] to Koreatown where my office was, it was only 8 miles away and it took me 45 minutes.' Billionaire Cherng, meanwhile, quietly moved his Panda Express base of operations to Nevada in recent years. He joins a growing exodus of wealth from California's crumbling urban centers to the business-friendly, regulation-light promise of the Mojave. And while Hollywood types recently suffered a setback when a bill to attract movie studios to southern Nevada failed, local leaders like luxury broker Ivan Sher remain bullish. For years, California's natural beauty, elite universities, and deep tech economy were enough to hold its wealthy residents in place but the situation has changed. Homelessness is spiraling, taxes are soaring, crime appears to be creeping into once-safe enclaves and pandemic-era restrictions which were among some of the strictest in the country, pushed many over the edge. California has indeed been losing hundreds of thousands of people since 2019, before posting a moderate gain in 2023. Nearly 158,000 Californians moved to Nevada between 2020 and 2023, making up 43% of all new residents, according to Nevada Department of Motor Vehicles data. But with wealth comes pressure and Las Vegas is feeling the squeeze. Housing prices are pushing record highs, and Nevada Treasurer Zach Conine is warning of a housing crisis if action isn't taken soon. 'We are spending a lot of time talking about housing right now, affordable housing, attainable housing, housing for all,' Conine said. 'Housing instability is economic instability, if we do not have a housing market that works it makes it harder for people to start businesses, it makes it harder for kids to do well in school, nothing is easy when we have a housing problem.' That hasn't slowed the flood. At last year's Vegas Tech Summit, the mood was electric. On stage, former Olympic gold medalist Apolo Ohno, now a Miami-based entrepreneur, hinted he might make the move himself. 'Vegas has got a special vibration to it right now,' he said. For all the optimism, some locals fear the very migrants fleeing California's dysfunction could eventually turn Nevada into its mirror image. The message from business leaders is clear: don't California our Nevada. That means no income tax, no bloated regulations and no 'woke' politics.
The Guardian
17 minutes ago
- The Guardian
Trump news at a glance: Marines arrive in LA and Republicans back Israel on attacking Iran
About 200 US marines arrived in Los Angeles on Friday morning and detained a man soon after in the first known detention by active-duty troops since their deployment. Marines also took charge of a federal building in a rare domestic use of US troops after days of protests over immigration raids. Federal troops continued to be on duty in LA's streets on Friday after a series of court rulings and more arrived, with large protests planned in California and across the country this weekend against the Trump administration's aggressive anti-immigration raids and a big military parade in Washington DC. Here's our round-up of key Trump stories of the day: US marines deployed to Los Angeles on Friday temporarily detained a civilian, the US military confirmed, in the first known detention by active-duty troops deployed there by Donald Trump. Reuters images showed marines apprehending a man, restraining his hands with zip ties and then handing him over to civilians from the Department of Homeland Security. A US military spokesperson said active-duty forces 'may temporarily detain an individual in specific circumstances'. Read the full story Donald Trump and Republicans in Washington on Friday cheered Israel for carrying out long-threatened strikes on Iran. But several Democrats accused the Israeli prime minister, Benjamin Netanyahu, of deliberately sabotaging talks to peacefully resolve the question of Tehran's nuclear program. Read the full story A second federal judge has rejected parts of Donald Trump's executive order on elections, dealing another blow to the president's directive that would require proof of citizenship to vote in US elections. Read the full story Donald Trump's military parade this weekend will bring thousands of troops out to march – and will also produce more than 2m kilograms of planet-heating pollution, equivalent to the amount created by producing 67m plastic bags or the energy used to power about 300 homes in one year, according to a review by a progressive thinktank and the Guardian. Read the full story Kilmar Ábrego García, the man returned to the United States last week after being wrongfully deported to his native El Salvador, pleaded not guilty on Friday to criminal charges of taking part in a conspiracy to smuggle migrants into the US. Read the full story The president has lost his latest legal attempt to challenge the $5m in damages awarded against him for defaming E Jean Carroll, the New York writer who a jury found was sexually abused by Trump in the 1990s, before he embarked on his political career. Read the full story Trump pulled the US government from a historic agreement to recover the salmon population in the Pacific north-west, calling the plan 'radical environmentalism'. Democrats are demanding the acting chair of the Equal Employment Opportunity Commission enforce civil rights protections for transgender and nonbinary people. A Republican member of South Carolina's state house has been arrested and charged with 10 counts of distributing sexual abuse material involving children. Catching up? Here's what happened on 12 June 2025.
The Independent
24 minutes ago
- The Independent
Trump clears path for Nippon Steel investment in US Steel, so long as it fits the government's terms
President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a 'national security agreement' submitted by the federal government. Trump's order didn't detail the terms of the national security agreement. But the iconic American steelmaker and Nippon Steel said in a joint statement that the agreement stipulates that approximately $11 billion in new investments will be made by 2028 and includes giving the U.S. government a ' golden share " — essentially veto power to ensure the country's national security interests are protected against cutbacks in steel production. 'We thank President Trump and his Administration for their bold leadership and strong support for our historic partnership," the two companies said. "This partnership will bring a massive investment that will support our communities and families for generations to come. We look forward to putting our commitments into action to make American steelmaking and manufacturing great again.' The companies have completed a U.S. Department of Justice review and received all necessary regulatory approvals, the statement said. 'The partnership is expected to be finalized promptly,' the statement said. The companies offered few details on how the golden share would work, what other provisions are in the national security agreement and how specifically the $11 billion would be spent. White House spokesman Kush Desai said the order 'ensures U.S. Steel will remain in the great Commonwealth of Pennsylvania, and be safeguarded as a critical element of America's national and economic security.' James Brower, a Morrison Foerster lawyer who represents clients in national security-related matters, said such agreements with the government typically are not disclosed to the public, particularly by the government. They can become public, but it's almost always disclosed by a party in the transaction, such as a company — like U.S. Steel — that is publicly held, Brower said. The mechanics of how a golden share would work will depend on the national security agreement, but in such agreements it isn't unusual to give the government approval rights over specific activities, Brower said. U.S. Steel made no filing with the U.S. Securities and Exchange Commission on Friday. Nippon Steel in late 2023 offered nearly $15 billion to purchase the Pittsburgh-based U.S. Steel in an acquisition that had been delayed on national security concerns starting during Joe Biden's presidency. As it sought to win over American officials, Nippon Steel gradually increased the amount of money it was pledging to invest into U.S. Steel. American officials now value the transaction at $28 billion, including the purchase bid and a new electric arc furnace — a more modern steel mill that melts down scrap — that they say Nippon Steel will build in the U.S. after 2028. Nippon Steel had pledged to maintain U.S. Steel's headquarters in Pittsburgh, put U.S. Steel under a board with a majority of American citizens and keep plants operating. It also said it would protect the interests of U.S. Steel in trade matters and it wouldn't import steel slabs that would compete with U.S. Steel's blast furnaces in Pennsylvania and Indiana. Trump opposed the purchase while campaigning for the White House, and using his authority Biden blocked the transaction on his way out of the White House. But Trump expressed openness to working out an arrangement once he returned to the White House in January. Trump said Thursday that he would as president have 'total control' of what U.S. Steel did as part of the investment. Trump said then that the deal would preserve '51% ownership by Americans,' although Nippon Steel has never backed off its stated intention of buying and controlling U.S. Steel as a wholly owned subsidiary. 'We have a golden share, which I control,' Trump said. Trump added that he was 'a little concerned' about what presidents other than him would do with their golden share, 'but that gives you total control.' The proposed merger had been under review by the Committee on Foreign Investment in the United States, or CFIUS, during the Trump and Biden administrations. The order signed Friday by Trump said the CFIUS review provided 'credible evidence' that Nippon Steel 'might take action that threatens to impair the national security of the United States,' but such risks might be 'adequately mitigated' by approving the proposed national security agreement. The order doesn't detail the perceived national security risk and only provides a timeline for the national security agreement. The White House declined to provide details on the terms of the agreement. The order said the draft agreement was submitted to U.S. Steel and Nippon Steel on Friday. The two companies must successfully execute the agreement as decided by the Treasury Department and other federal agencies that are part CFIUS by the closing date of the transaction. Trump reserves the authority to issue further actions regarding the investment as part of the order he signed on Friday. ___ Levy reported from Harrisburg, Pennsylvania.
