Trump and Musk Clash over EV Mandates and Federal Subsidies
Former President Donald Trump criticised Elon Musk for benefiting from federal subsidies for electric vehicles, questioning Musk's support despite his own opposition to EV mandates. Meanwhile, Musk slammed Trump's tax policy as detrimental to the Republican Party. Their strained relationship continues with ongoing disagreements over financial policies.
- Country:
- United States
In a recent statement, former U.S. President Donald Trump renewed his criticism of electric vehicle mandates, taking aim at both government subsidies and Tesla's CEO, Elon Musk. Trump alleged that Musk has received unprecedented federal assistance, which, if curtailed, could substantially benefit American taxpayers.
Via his social media platform, Truth Social, Trump reiterated his stance against EV mandates, recalling Musk's early presidential endorsement despite these opposing views. The former president suggested that Musk's enterprises might suffer without federal support, asserting that cutting these subsidies could lead to significant fiscal savings.
Contrarily, Musk has called out Trump's economic policies as self-damaging, labeling a recent tax proposal as catastrophic for the Republican Party's political future. The ongoing feud reflects a broader debate over subsidies and governmental fiscal strategies, further straining their already tenuous relationship.
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