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Home»Economy & Business»Donald Trump suggests US authorities evaluation subsidies to Elon Musk’s corporations
Economy & Business

Donald Trump suggests US authorities evaluation subsidies to Elon Musk’s corporations

By Admin01/07/2025No Comments2 Mins Read
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Donald Trump suggests US government review subsidies to Elon Musk’s companies
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Donald Trump has recommended the US authorities ought to look at any subsidies handed out to Elon Musk’s enterprise empire, claiming that “huge cash” may very well be saved.

In a publish on his Reality Social platform early on Tuesday, Trump stated: “Elon could get extra subsidy than any human being in historical past, by far, and, with out subsidies, Elon would in all probability have to shut up store and head again to South Africa.”

Responding to Trump’s suggestion, Musk stated in a publish on his personal social media platform X: “I’m actually saying CUT IT ALL. Now.”

The trade comes because the rift between the 2 males over the US president’s signature tax and spending invoice deepens.

Because the Senate pressed forward with a marathon voting session on the invoice on Tuesday, Musk renewed his assaults on laws that he stated would result in “the largest debt enhance in historical past”.

The bitter public feud between the 2 marks a dramatic reversal from the beginning of Trump’s second time period, when the president put in Musk as the top of the so-called Division of Authorities Effectivity (Doge) and tasked him to seek out financial savings in authorities.

In his message on Tuesday, Trump added: “Maybe we should always have DOGE take a very good, exhausting, have a look at this? BIG MONEY TO BE SAVED!!!”

Musk, chief govt of corporations together with Tesla and SpaceX, has criticised elements of the White Home agenda since leaving in Could, together with the tax invoice, which he has beforehand referred to as a “disgusting abomination”.

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