Politics USA
Musk-Trump Feud Erupts Over Tax Bill, Signaling End of Political Alliance
The relationship between Elon Musk and Donald Trump is rapidly deteriorating in a highly public manner. On Thursday, Musk criticized Trump’s favored tax bill on X, leading to a series of escalating attacks between the two. Trump expressed doubt about their continued relationship, citing Musk’s opposition to the bill’s phase-out of electric vehicle tax credits, which could impact Tesla’s profits. Musk responded by slamming the bill’s cost, accusing Trump of lying about his knowledge of the bill’s details, and even taking credit for Trump’s 2024 election win. By mid-afternoon, Musk suggested the creation of a new political party, an idea endorsed by Mark Cuban. Trump, in turn, criticized Musk on Truth Social, suggesting the termination of Musk’s governmental subsidies and contracts. This fallout marks the end of a once-close relationship, with Musk having previously spent over $277 million backing Trump and Republicans in 2024.