The fight between US President Donald Trump and Billionaire Elon Musk is going to grow. Trump has asked the Department of Government Efficiency (DOGE) to seriously consider the subsidy being given to Musk’s companies. They believe that doing this can save a lot of money from the US government. It seems that this order of Trump is an action reaction of Musk. In fact, Musk had threatened every Republican MP who has supported several trumpes of Trump’s tax bills. Musk has said that the Republican MP supporting this bill will have to face defeat in the next election.
Trump got angry in social media posts
Trump has posted a post on the social media platform Truth in response. It said, “Elon Musk already knew that I am against making EV mandatory. Even then he supported my presidential campaign. It is a humorous, because he always stays together in my campaign. Electric car is fine, but not every person should be forced to buy it. No one should get the subsidy as much as the musk is getting.”
Musk’s business will come to a standstill when subsidy is closed
Trump also said in the post that if this subsidy is discontinued, Trump’s business will come to a standstill and then he would be forced to return home in South Africa. Satellite and rocket launch or cars production will stop. And America will save a lot of money. He said that dog should be seriously considered about this. This will save a lot of money from America. It seems that Trump and Musk’s fight is going to grow.
Musk told the need to form a new political party in America
The battle of Trump and Musk started with this tax bill. Musk resigned from the prominent post of Doge. Then there was a series of allegations and transplants between the two. Then this fight had cooled down. It seems that it has started again from June 28. Musk posted a post on social media platform x. In this, he criticized the MPs supporting the tax bill. He also stated the need to form a new political party that really takes care of the people.
11 percent slipped Tesla’s share in a week
Musk is the richest person in the world. They believe that the implementation of this tax bill will increase the debt burden on the US. This will also eliminate the savings that he had done through DOGE. However, it is not yet known how much the Trump’s opposition will have an impact on the approval of this bill. On the other hand, the growing fight with Trump has also affected the shares of Musk’s company Tesla. Tesla’s stock has crashed around 11 percent in the last one week.
