Trump vs Musk: US President calls for review of Tesla subsidies, Tesla shares drop, Musk responds ‘CUT IT ALL’

US President Donald Trump called on Tesla Chief Elon Musk companies to review subsidies and said that he could save billions of taxpayers and increase a high -profile blood feud with the richest person in the world and said the most powerful most powerful.

Trump’s comments followed the renovated criticism of Musk, a great Republican donor who attacks the management’s tax and threatened to campaign against the deputies who spent the bill and supported him. Tesla shares are concerned that the dispute may create new challenges for the Business Empire of the investors, especially the Tesla shares fell by more than six percent because they betrayed the release of Robotaxis in Texas, especially electric car manufacturer Texas.

The US transport department organizes the vehicle design and decides whether Tesla can produce robotaxes without pedal and steering sagging, Mr. Musk’s rocket company SpaceX has approximately $ 22 billion ($ 33 ​​billion) in federal contracts.

“Elon can take more subsidies than any person in history, and Elon should probably close the shop and return home without subsidies,” Trump said.

“More rocket launch, no satellite or electric cars production and our country would save a reserve. Perhaps we should look at Doge well, harshly? The big money to be saved !!!” he said.

On the other hand, Mr. Musk’s own social media platform X, “I literally cut all of the word.” He said.

Mr. Trump warned Mr. Musk that he was upset that he lost his home task on his last tax and expenditure invoice and that Tesla CEO may loser much more than that ”.

Speaking while leaving the White House on Tuesday morning, Mr. Trump said that Mr. Musk was “very sad” because he loses his home mission ”.

“But you know, he could have lost more than that, believe me, Tr Trump continued. “Elon can lose much more.”

“Doge may have to take a look at Elon, Tr Trump added, monster monster monster who might have to go back and have to eat Elon – Was this nothing?”

Treasury Secretary Scott Bessent has returned to Mr. Musk’s criticism that he would say the finance of the country with the balloon, the deficit of the bill.

At the beginning of June, Mr. Trump threatened to interrupt the government of Mr. Musk when his relations would add about $ 3 trillion to the US debt by non -partisan analysts.

The slit resulted in a market value of $ 1550 billion at the market value of Tesla shares, as investors feared a harder regulatory path for self -ruling Robotaxi, which supports most of the company’s valuation.

Mr. Musk recovered after walking back some of his jabs, saying that he went.

Tesla, which holds the shares of the stock, Dennis Dick, the chef of the merchant network, said, “Musk cannot stop itself. Tesla is entering the bad side of Tesla. Tesla has fallen significantly and if the USA loses its subsidies, US sales are likely to fall,” he said.

“Musk needs Trump, Trump does not need Musk,” he said.

Tesla sales fell for a sixth flat month in Sweden and Denmark in June, but on Tuesday, he showed data, but he rose in Norway and Spain for the same month.

Analysts expect the company to declare a decrease in the second quarter delivery figures on Wednesday.

After a relative silence that lasted weeks, Mr. Musk joined the discussion on Saturday while he called the Senate Package, while he called it “completely crazy and destructive” in an article in X.

On Monday, Mr. Musk said that the deputies who campaign to interrupt the expenditures but support the bill, “Hang their heads in shame,” he said.

“And the last thing I have done in this world will lose its primary years next year,” Musk said.

In addition, the big expenditures of the bill “We live in a single -party country – Porky Pig Party!”

Criticism pointed out a dramatic change after spent approximately $ 300 million in the billionaire Trump’s re -election campaign and leading the management of the Dogan attempt.

Mr. Musk argued that the legislation would greatly increase the country’s debt and delete the savings he said he had achieved through Dogge.

It remains unclear how Mr. Musk was affected on the congress or how much the invoice could have on the passage.

However, the Republicans expressed their concerns that the case with Mr. Trump has repeatedly been able to harm their majority in the 2026 midterm exam congress elections.

– with Reuters