Musk's Feud with Trump Over Tax-Cut Bill Sparks Political Turmoil
Billionaire Elon Musk has reignited his opposition to President Trump's tax-cut bill, criticizing it as detrimental and pledging to unseat supportive lawmakers. Musk suggests forming a new political party, straining his relationship with Trump, and affecting Tesla's market value amid political upheaval.
Billionaire entrepreneur Elon Musk has reignited his vocal opposition to U.S. President Donald Trump's sweeping tax-cut legislation, branding it as 'utterly insane and destructive.'
Musk, the CEO of Tesla and SpaceX, expressed his discontent on social media platform X, lambasting lawmakers who supported the bill despite campaigning on government spending cuts. He vowed political retribution against those backing the legislation, suggesting their terms in office would end prematurely.
Furthermore, Musk proposed the creation of a new political party, accusing the current administration of fostering a single-party system he labels as the 'PORKY PIG PARTY.' His dissent marks a significant rift with Trump, impacting Tesla's stock value and raising concerns among Republicans about midterm election prospects.
(With inputs from agencies.)
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