Trump vs. Musk: Billionaire Battle Over Tesla Subsidies Heats Up
(Source: Reuters)
In a shocking twist, former President Donald Trump just suggested cutting government money to Elon Musk’s companies – and the Tesla CEO fired back: “Cut it all!” Here’s what’s happening in simple terms:
What Trump Said
- Wants to review all subsidies to Tesla/SpaceX (“Elon gets more government money than anyone!”)
- Claims removing support could force Musk “back to South Africa”
- Threatens to cancel SpaceX’s $22 billion rocket contracts
Musk’s Surprise Response
- Agreed with Trump: “I literally say CUT IT ALL”
- Already angry about new tax laws (calls them “insane”)
- Vowed to campaign against politicians who support spending
Why This Matters (Source: Reuters)
💰 Tesla stock dropped 6% – investors worry about future
🚗 Robotaxi dreams at risk – needs government approval
🇺🇸 Political war – Musk spent $300M on Trump’s campaign
The Big Problem
Tesla’s sales are falling (6 bad months in Europe), and losing U.S. subsidies could make things worse. As Reuters reports, one expert warned: “Musk needs Trump more than Trump needs Musk.”
What Happens Next?
- Tesla announces new sales numbers Wednesday
- SpaceX contracts could be reviewed
- Musk threatens to “make politicians lose elections”
(Source: Reuters)