Elon Musk Torches Senate Bill: ’Clean Energy Sector Headed for Implosion’
Elon Musk just dropped a truth bomb on Capitol Hill—and the clean energy industry might not survive the blast.
The billionaire tech disruptor eviscerated the latest Senate energy proposal, warning it could trigger a catastrophic collapse in renewable investments. His critique comes as solar stocks tumble and wind energy projects face financing headwinds.
Musk's takedown exposes the dirty secret behind 'green' legislation: most bills are written by lobbyists who couldn't identify a solar panel if it hit them in their leased Teslas. Meanwhile, traditional energy stocks quietly hit 52-week highs as politicians play musical chairs with our power grid.
- Elon Musk slams the Trump-backed Senate bill, calling it “utterly insane” for slashing clean energy funding.
- Musk warns of massive job losses and EV industry collapse as key tax credits face sudden expiration.
- Political fallout deepens as Musk breaks ranks with Trump, signaling a shift in GOP-tech alliances.
Elon Musk has ignited a fresh political storm, blasting the U.S. Senate’s latest version of former President Donald Trump’s tax and spending bill as “utterly insane and destructive.” In a strongly worded post on X, Musk warned that the legislation could eliminate millions of American jobs and severely harm emerging industries crucial to the nation’s economic future.
The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!
Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future. https://t.co/TZ9w1g7zHF
The contentious bill, which reconfigures funding priorities across energy and industrial sectors, significantly slashes support for clean energy initiatives such as solar, wind, and electric vehicles (EVs). At the same time, it reintroduces tax breaks and incentives favoring coal and other traditional energy sources, an apparent nod to Trump’s longstanding support for legacy industries.
Musk, the CEO of Tesla and SpaceX, did not hold back. “This bill is a disgusting abomination,” he wrote, accusing lawmakers of “betting on the past instead of building the future.” He argued that the new provisions would derail U.S. leadership in clean technology and cripple the electric vehicle market, noting that key tax credits are set to expire abruptly on September 30.
Elon Musk Political Fallout as Trump Alliance Crumbles
This latest outburst marks a dramatic turn in Musk’s political trajectory. Once considered a key ally to Trump, with close ties to the GOP during the 2024 campaign season, Elon Musk’s influence has waned following a controversial tenure leading the now-defunct Department of Government Efficiency.
His past involvement in derailing a major spending bill in December 2024 nearly triggered a federal shutdown after his criticism pushed several Republican lawmakers to withdraw support.
But with his political capital diminished and his relationship with TRUMP frayed, Musk’s latest pushback may be more symbolic than strategic. Even so, some fiscally conservative Republicans in the Senate echoed his concerns online, potentially complicating the bill’s path to passage.
“Shame on those who supported it. DEEP down, you know it was wrong,” Musk posted in another fiery comment, rallying public opinion against what he sees as short-sighted policymaking.
Trump Ignores Musk as GOP Feud Grows
The feud has added new volatility to Republican politics just as Trump tries to consolidate his influence in Washington. Trump, for his part, has brushed off the conflict. “We’ve got more important things to focus on,” he said in a recent statement, redirecting attention to economic negotiations and a new round of trade talks with China.
Meanwhile, insiders say Trump has no intention of reaching out to Musk, despite the tech mogul’s apparent hope for reconciliation. In the background, Musk has reportedly considered backing primary challengers to GOP lawmakers who vote in favor of the bill, a MOVE that could reshape key midterm battles.
For now, the standoff between Trump and Musk underscores the growing rift between old-guard conservatism and a new wave of tech-driven economic priorities. With the fate of clean energy subsidies hanging in the balance, the next few weeks in Washington may determine whether that gap widens or begins to close.
