Elon Musk Criticizes Trump's Tax Bill as Senate Republicans Rush to Pass It

Elon Musk criticized President Donald Trump’s tax and spending cuts bill, warning it would harm the economy and hinder future industries. Musk called the bill a threat to American jobs and strategic interests. He accused the bill of favoring outdated industries over emerging ones.

Musk, CEO of Tesla and SpaceX, expressed concern that the bill would be detrimental to the Republican Party. His comments reignited tensions between him and the administration. Republican Senate leaders faced challenges as they pushed to pass the bill before Trump’s Fourth of July deadline.

Musk had previously condemned the bill as wasteful and criticized lawmakers who supported it. The public exchange of criticism between Musk and Trump escalated, with Musk making unsubstantiated claims about Trump’s ties to Jeffrey Epstein. Despite attempts to reconcile, the fallout between Musk and the administration continued.

It remains to be seen how Musk’s latest remarks will impact his relationship with the president. Musk, a significant GOP donor, has the potential to influence politics with his financial support. Meanwhile, Trump exerted pressure on Senate Republicans to pass the bill, targeting those who opposed it.

The Senate narrowly passed the test vote, allowing for further debate on the bill.

According to the source: AP News.