Donald Trump, the former President of the United States, is going toe-to-toe with tech entrepreneur Elon Musk. This dispute comes amid ongoing negotiations over Trump’s mega economic plan, aka the “big, beautiful bill.” This latest plan to raise the debt ceiling, cut taxes, and roll back Medicaid health benefits has ignited a firestorm. Musk only recently exited a government efficiency minister position at DOGE (Department of Government Efficiency). Despite being one of the party’s biggest Republican Party donors, he has openly slammed Trump’s impending poison pill legislation.
This spat over the future of America’s driverless cars is a big change from the cozy relationship that the two business titans enjoyed. According to Trump, the guy who’s been driving him crazy the last three years is Elon Musk, who’s “wearing thin.” Musk’s distaste for the declared bill was clearly evident. In response, Trump asked if Musk’s concern was because he left government service.
Musk’s Criticism of Trump’s Economic Plan
Elon Musk, the CEO of Tesla and SpaceX, has not been shy in attacking Trump’s economic policy. He marked the proposal as a “disgusting abomination” and claimed that it would saddle hard working American citizens with “crushingly unsustainable debt.” It’s possible that Musk’s comments are driven by a concern that the bill’s long-term spending commitments could have serious financial implications. He fears particularly for its effect on economic growth and fiscal probity.
Musk’s critique extends beyond mere policy differences. In his announcement, he lamented in personal terms that his contributions were key to Trump’s electoral victory in 2016.
“Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate,” – Elon Musk.
This one sentence lays bare the ways Musk understands his power dynamics within the now far-right Republican Party. It underscores the frosty nature of his relationship with Trump.
The Fallout from Their Previous Alliance
The fallout from this disagreement is particularly striking considering the tumultuous history shared by Trump and Musk. The two had previously cultivated a strong working relationship, with Musk’s technological innovations aligning well with Trump’s pro-business agenda. Recent events have strained this alliance.
Trump’s comments on Musk give the impression that he feels personally betrayed. He suggested that Musk’s attacks are because he’s unhappy that he left DOGE.
“People leave my administration, then at some point they miss it so badly,” – Donald Trump.
In a pointed response to Musk’s criticisms, Trump claimed that he had taken decisive actions against Musk’s interests. He stated,
“I asked him to leave, I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY!” – Donald Trump.
This important, fundamentally different view on EVs and the role of government subsidies couldn’t be more clear than between two members of the Biden administration.
A Strained Relationship and Future Implications
With tensions running high, both men have further defamed each other in public. Musk then re-shared Trump’s 2013 remarks on Republican plans to raise the debt ceiling. Time magazine quoted his response as calling those remarks “wise words.” This reposting appears designed to signal criticism of Trump’s newfound, or at least present, appreciation for fiscal restraint.
Trump has dangled some clues as to why Musk may not like his bill. He thinks that might be partly due to the proposal to end consumer EV tax credits. This claim raises the troubling possibility that Musk’s personal interests are motivating his public opposition to the legislation.
“The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it!” – Donald Trump.
As they further go back and forth, their dynamic stands on a knives edge. How this tension affects their power in the Republican Party remains to be seen. The unfolding situation reflects broader tensions within American politics as key figures grapple with conflicting ideologies around fiscal responsibility and government spending.