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Musk vs. Trump: Dispute over tax plan causes legendary alliance to collapse!
Elon Musk criticizes Trump's 2025 tax package for its lack of cost cuts, leading to a dispute between the two.
Musk vs. Trump: Dispute over tax plan causes legendary alliance to collapse!
In a surprising turn of events, the alliance between Elon Musk and Donald Trump has fallen apart. Tensions between the CEO of electric car manufacturer Tesla and the former US president have come to a head in recent days. Musk criticizes loudly Bietigheim newspaper the Trump-backed tax and spending bill, particularly the associated cuts to electric vehicle subsidies.
Musk calls for more cost cuts and criticizes the proposed law as a “disgusting abomination.” He calls on citizens to make it clear to their representatives to vote against the law in order to prevent an increase in the debt ceiling. He warns that the law could lead to higher budget deficits and rising national debt, which he considers unsustainable daily news.
The background to the dispute
The differences between the two figures continue to grow as Trump notes that Musk had previously expressed no objection to the law and only began to criticize it after the cuts to electric vehicle subsidies were announced. Republican House Speaker Mike Johnson suggests Musk's opposition may have self-serving motives, as Tesla is currently struggling with declining sales.
In addition, Musk, who has donated over $250 million to Trump's campaign in the past and was once considered a close confidant, recently announced his political retirement. Although he was originally tasked with cutting government spending, he withdrew from politics at the end of May, citing a 130-day deadline for outside government employees.
Political dynamics and outlook
The budget plan, which was passed by a narrow majority in the House of Representatives in May, is facing resistance in the Senate. Although the Republicans have the majority in both chambers, the political disputes between prominent members and colleagues remain noticeable. Trump's displeasure with Musk's comments could further strain the relationship between the two, which could also be important in the coming political negotiations.
Overall, it remains to be seen how the situation between Musk and Trump will develop, as both men have enormous influence on the US political and economic landscape.