---Advertisement---

Trump Targets Elon Musk – DOGE to Investigate?

On: Tuesday, July 1, 2025 6:33 AM
elon musk trump news
---Advertisement---

Trump said – Elon Musk should stop getting billions in subsidies! Musk replied – “CUT IT ALL!” political war began.

What happened?

US President Donald Trump taunted on social media platform Truth Social that the government’s DOGE (Department of Government Efficiency) should re-examine the accounts of subsidies given to Elon Musk’s companies. Trump’s argument – “If this assistance is stopped, the country can save billions of dollars.”

Trump’s claim- “Elon is the biggest subsidy warrior ever! If the subsidy is removed, America will save a lot.”

Musk’s counterattack

Musk wrote on his platform X (Twitter) – “Cut it all – end it all!”

That is, he is saying that not only yours, but all government subsidies should be stopped.

Tax cut bill:

Trump’s new bill, whose extra expenditure can increase up to about $3 trillion, Musk did not like this “tax cut bill”.

Clashes earlier: The two had a tussle in June. That day, Tesla’s shares suffered the biggest single-day drop ever—about $150 billion had evaporated.

Musk’s contracts: SpaceX alone has government contracts worth $22 billion. Apart from Starlink and Tesla.

Why does it matter?

Taxpayers’ money: If DOGE really investigates, then without subsidies, Elon Musk’s plans could prove very costly.

Stock market turmoil: Shares of companies like Tesla and SpaceX keep jumping on every debate or action.

Political impact:

Musk says—”I will defeat the MPs who are with the bill to increase expenditure in the next election.” This could cause a stir in the 2026 elections.

The Bottom Line

Trump targeted Musk by calling him the “subsidy king”, Musk replied, “Then eliminate all subsidies!”

Now it remains to be seen whether DOGE will actually investigate or this social media war will end here.

Join WhatsApp

Join Now

Join Telegram

Join Now
---Advertisement---

Leave a Comment