Trump Cuts Ties with Elon Musk Over Tax Bill Dispute

Former President Donald TRUMP has severed his relationship with Elon Musk following the Tesla CEO's public criticism of the recent tax bill. Trump attributed Musk's opposition to the removal of electric vehicle tax credits and the rejection of his preferred NASA nominee, Jared Isaacman. "He knew it… a long time ago," Trump remarked, referencing the elimination of incentives that had significantly benefited Musk's ventures.

Musk responded tersely on his social media platform, X, with a dismissive "Whatever" before escalating his critique. The billionaire took aim at the bill's provisions, particularly the retention of oil and gas subsidies while cutting EV and solar incentives. "Keep the EV/solar incentive cuts in the bill, even though no oil & gas subsidies are touched (very unfair!!)," Musk posted, highlighting the perceived inequity.

The clash underscores the tension between political agendas and corporate interests in the clean energy sector. Trump defended the legislation as transformative, dismissing Musk's objections as politically motivated. Meanwhile, Tesla's stock continues to face volatility amid the escalating feud.