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Trump and Musk Rip Each Other to Shreds Over Budget Fight

Trump and Musk Rip Each Other to Shreds Over Budget Fight

Yahoo2 days ago

President Trump told reporters Thursday that Elon Musk opposes his 'big, beautiful bill' because it removes the electric vehicle mandate that subsidizes Tesla. Musk responded in real time, only adding more speculation as to just how amicable their political divorce really is.
Trump was asked about the status of his relationship with Musk while meeting with German Chancellor Friedrich Merz in the White House. In recent days, as Trump and Musk have gone from being attached at the hip (and pocket) to publicly feuding over the most defining legislation of Trump's second term.
'Elon's upset because we took the E.V. mandate, which was a lot of money for electric vehicles, and you know they're having a hard time, the electric vehicles. And they want us to pay billions of dollars in subsidy,' Trump told reporters in the Oval Office. 'Elon knew this from the beginning, he knew it for a long time ago, that's been.… I would say, JD, that hasn't changed,' he said, as Vice President Vance voiced his agreement.
'Whatever. Keep the EV/solar incentive cuts in the bill, even though no oil & gas subsidies are touched (very unfair!!), but ditch the MOUNTAIN of DISGUSTING PORK in the bill,' Musk replied rather bitterly on X, the platform he owns. 'In the entire history of civilization, there has never been legislation that['s] both big and beautiful. Everyone knows this! Either you get a big and ugly bill or a slim and beautiful bill. Slim and beautiful is the way.'
This is the most recent installment in a somewhat surprising spat, as Musk has spent months hailing Trump and his agenda as he carried out his slash-and-burn work as DOGE head. Now, right as Musk makes his exit from the administration, he has fallen on the side of the deficit hawks, the few true fiscal conservatives left in the Senate. The Congressional Budget Office projects that the One Big Beautiful Bill Act will add $2.4 trillion to the deficit.
Musk continued to rail against Trump and his bill online as Trump expressed disappointment with Musk in real life.
'Elon endorsed me very strongly, he actually campaigned for me.… I would've won Pennsylvania easily anyway, even if the governor ran, the real governor,' Trump said. 'I'm very disappointed, because Elon knew the inner workings of the bill better than almost anybody sitting here, better than you people, he knew everything about it. All of a sudden he had a problem, and he only developed the problem when he found out that we're gonna have to cut the E.V. mandate.
'He knew every aspect of this bill, and he never had a problem until right after he left. And if you saw the statements he made about me, which I'm sure you can get very easily, it's very fresh … he said the most beautiful things about me,' Trump continued. 'And he hasn't said bad about me personally, but I'm sure that'll be next. I'm very disappointed in Elon. I've helped Elon a lot.'
'False, this bill was never shown to me even once and was passed in the dead of night so fast that almost no one in Congress could even read it!' Musk replied.
'Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate,' he wrote. 'Such ingratitude.'
It was easy to see a rift between these two extreme personalities happen, but perhaps not over this. It would seem that Musk, given his senior role on the campaign and within the administration, would have some sense that the budget bill that Trump had been hyping up for months would impact the deficit. Or is Musk really just now realizing that Republicans don't actually care about decreasing the deficit and cutting spending unless it's for social programs and 'woke' stuff?
Now the X posts are flying and the beef seems real. This caps off a tumultuous week for Musk, who pulled up to his DOGE exit press conference last Friday with a black eye, telling reporters that his 5-year-old son punched him in the face. It was also reported last week that he has a ketamine dependency and was frequently high while on the campaign trail.
Politics aside, this is a man who was living at Mar-a-Lago for months, and seemed inseparable from the president. They can't just have a meeting or a phone call instead of talking around each other on X or at press conferences?

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‘This is not over': Tesla Takedown protesters keep pressure on Elon Musk despite DOGE exit
‘This is not over': Tesla Takedown protesters keep pressure on Elon Musk despite DOGE exit

Yahoo

time43 minutes ago

  • Yahoo

‘This is not over': Tesla Takedown protesters keep pressure on Elon Musk despite DOGE exit

Demonstrations against tech billionaire Elon Musk are continuing, even after the Tesla CEO stepped away from his role leading the Department of Government Efficiency and engaged in an all-out feud this week with Donald Trump over the president's massive tax and domestic policy bill known as the 'big, beautiful bill.' Musk, who contributed $288 million to Trump's 2024 presidential campaign, called the bill a 'disgusting abomination' just days after announcing he would leave DOGE, his federal cost-cutting project. As the two traded jabs, Trump threatened to cut government contracts for Musk's companies and Musk claimed that 'Trump would have lost the election' without him. Anti-Musk sentiment spilled onto sidewalks outside of Tesla showrooms with 60 demonstrations scheduled Saturday in cities such as Delray Beach, Florida; Louisville, Kentucky; and Decatur, Georgia, as part of the Tesla Takedown movement, which began in mid-February amid Musk's role with DOGE. At 11:30 a.m. ET, a crowd of about 30 demonstrators had gathered outside of a Tesla showroom on a rainy morning in the Georgetown neighborhood of Washington, DC. Attendance for the Tesla Takedown event was well short of the roughly 200 who showed up last week in Rockville, Maryland, according to local co-organizers Melissa Knutson and Sara Steffens, who cited the weather and Pride Month events for the lower turnout. 'This is not over because (Musk) decided to go home with his tail between his legs,' Knutson told CNN. The Tesla Takedown movement, according to its website, calls on people to 'sell your Teslas, dump your stock and join the picket lines' and believes that 'stopping Musk will help save lives and protect our democracy.' Tesla sales plunged 13% in the first three months of this year, the largest drop in deliveries in its history. Shares of Tesla (TSLA) dropped roughly 14% this week and are down nearly 47% from the high of $488.54 on December 18. Steffens said she 'was really encouraged' to see Tesla's stock plunge this week. 'It just shows none of this is normal,' she said. Musk, the world's richest man, has blamed a drop in sales on overall economic weakness and consumer uncertainty, though sales for competing EV models and other car companies rose. Neither Tesla nor Alex Winter, one of the initial lead organizers for Tesla Takedown, responded to CNN's requests for comment. Musk's exit from DOGE, his now-strained relationship with Trump, slumping Tesla sales and the drop in the company's share price do not mean the Tesla Takedown movement is ending anytime soon, according to attendees and organizers. After Musk announced he was leaving DOGE, the Bluesky account for Tesla Takedown called for protests on Saturday, June 28 (Musk's birthday), as a way of 'recommitting to the fight.' 'We are tired of the billionaire takeover and we are not letting up,' Knutson said. Steffens noted some protesters have called on pension funds to divest from Tesla. The public backlash is part of the reason that long-term institutional investors sent a letter to Tesla's board in late May raising concerns about the company. Many of the protesters in Georgetown on Saturday attended previous demonstrations and said they have no plans to stop protesting despite Musk's departure from DOGE. Jeanne Ferris told CNN that this was her fifth Tesla protest and that she agrees with organizers that 'Musk's tendrils' are still involved with the government. James Decherd said he attends protests almost every week because 'it's nice to be out with other people.' He added that he hopes to 'get people motivated' and 'mobilized.' Donna Powell says she and her husband have attended between 50 and 60 rallies against the Trump administration. She described Musk and Trump as 'billionaire brats having a tiff.' She does not expect Trump supporters to join the demonstrations as an act of solidarity with the president after Musk's attacks on X. She said Trump's base isn't 'the type to go 'anti-Musk.'' 'In the long run, (Trump and Musk) rely on each other, so they'll work something out,' said her husband, Don Powell. CNN's John Towfighi, Anna Cooban and Chris Isidore contributed to this report.

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