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Musk 'disappointed' by Trump's tax and spending bill

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What’s in This “Big, Beautiful” Bill?
Okay, let’s break down this bill. It passed the House on May 22, 2025, by the skin of its teeth 215 to 214 votes. That’s about as close as it gets. Now it’s sitting in the Senate, waiting for a decision. The “One Big Beautiful Bill Act” is a monster of a package, combining tax cuts, new spending, and some controversial moves. Here’s the gist:
  • Tax Breaks Galore: It locks in the 2017 tax cuts from Trump’s first term, so individuals and corporations keep paying less. It also throws in new goodies, like no taxes on tips or overtime pay, bigger deductions for seniors, and incentives for buying American-made cars. Oh, and there’s this quirky idea of “Trump Savings Accounts” for newborns basically, a government-backed piggy bank to kickstart their financial future.
  • Big Spending: The bill pours money into defense, including $25 billion for a shiny new missile defense system called the “Golden Dome.” It also boosts funding for border security to back Trump’s mass deportation plans.
  • Some Cuts, But Not Enough?: It trims about $1.5 trillion from programs expanded under Biden, like Medicaid and clean energy tax credits. Sounds like a lot, but the bill still adds way more spending than it cuts.
  • Debt Ceiling Hike: Here’s the kicker it raises the national debt ceiling by $4 trillion, pushing it from $36 trillion to $40 trillion. That’s a number so big it’s hard to wrap your head around.
The Congressional Budget Office says the tax cuts alone will add $3.8 trillion to the deficit over the next decade. Other folks, like the Penn-Wharton Budget Model and Moody’s, peg the damage at $3.3 trillion to $4 trillion by 2034. That’s got people worried about the U.S. drowning in debt, and Musk is one of them.

Musk’s Role: The DOGE Days
If you’ve followed Musk’s wild ride, you know he’s not just a car guy or a rocket man he’s got a thing for shaking up systems. When Trump tapped him to lead DOGE, Musk jumped in with both feet. The goal? Slash government waste and make the feds run leaner. Under his watch, DOGE cut $175 billion in what Musk called “waste and fraud,” axed 11 federal agencies, and saw about 250,000 government workers hit the road. For Trump’s base, this was red meat a bold move to shrink the government and stick it to the bureaucracy.

But Musk stepped back from DOGE in April 2025, saying he needed to focus on Tesla and SpaceX after Tesla’s profits tanked by 71% in the first quarter. Ouch. Still, he stayed a big player in Trump’s orbit, having dumped over $250 million into the 2024 campaign and serving as a senior adviser. So when Musk calls out this bill, it’s not just some guy griping it’s a heavyweight throwing punches.

In that CBS interview, Musk didn’t mince words: “I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing.” He even took a jab at the bill’s name, saying, “I think a bill can be big or it can be beautiful, but I don’t know if it can be both.” Classic Musk sharp, witty, and not afraid to stir the pot.

Trouble in the Trump-Musk Bromance
This isn’t the first time Musk and Trump have butted heads. They were tight during the 2024 campaign, with Musk’s cash and X platform boosting Trump’s message. But lately, things have gotten rocky. Musk slammed Trump’s tariff plans, especially the ones targeting China, saying they’d hurt American consumers and companies like Tesla. He even went after Trump’s trade adviser, Peter Navarro, on X, calling him “dumber than a sack of bricks.” Yikes.

Now, the tax and spending bill is another sore spot. Musk’s all about cutting the fat think of him as a guy with a machete, hacking away at government bloat. Trump, on the other hand, is pushing a populist playbook: big tax cuts, big spending, and big promises to keep his base happy. Musk’s libertarian streak wants a lean government that spends less; Trump’s vibe is more about splashy wins, even if it means piling on debt. It’s like they’re speaking different languages.


Screenshot 2025-05-29 165923.png
Why Musk’s Mad: Deficit and EVs
Musk’s beef with the bill comes down to two big issues: the deficit and his business. On the deficit, he’s sounding the alarm that this bill’s spending spree undoes DOGE’s hard work. He’s got a point $4 trillion more in debt is no joke, and it’s not just Musk who’s worried. Republican Rep. Thomas Massie, who voted against the bill, warned it could push the national debt to $56 trillion in a decade. Musk reposted Massie on X, saying, “All government spending is taxation. This point really needs to be hammered home.” Translation: every dollar the government spends comes from your pocket, now or later.

Then there’s the EV angle. The bill cuts clean energy tax credits, including a $7,500 break for electric vehicle buyers. Musk used to say he didn’t care about EV subsidies, but with Tesla’s stock down 25% this year and profits in the gutter, that $7,500 could make a difference for buyers. Plus, the bill slaps a $250 annual registration fee on EV owners, which feels like a gut punch to Tesla’s market. No wonder Musk’s grumpy.

The Bigger Picture: Political Fallout
Musk’s comments could shake things up in the Senate, where the bill’s fate is uncertain. Some Republican senators, like Rand Paul and Ron Johnson, are already skeptical, calling the spending cuts weak and the debt hike reckless. With the House vote so close, even a few Senate holdouts could tank the bill. And Senate rules make it tricky some of DOGE’s cuts to discretionary programs don’t fit the bill’s mandatory spending framework, which could force changes.

Economically, the bill’s got people nervous. Moody’s downgraded the U.S. credit rating, citing the rising cost of borrowing. Critics say the tax cuts mostly help the rich, while slashing Medicaid and green energy hurts regular folks and the planet. Democrats are licking their chops, ready to hammer Republicans in the 2026 midterms over this.

The Republican Party itself is split. You’ve got fiscal conservatives like Musk and Massie, who want to rein in spending, versus Trump’s populist crew, who love the tax cuts and big projects. House Speaker Mike Johnson tried to thread the needle, calling the bill a win for “getting Americans back to winning again,” but the tight vote shows how tough it is to keep everyone happy.

What’s Next for Musk?
Musk’s public jab at Trump raises questions about where he’s headed. He’s already said he’ll spend less on politics, probably because Tesla’s troubles need his full attention. But with X in his pocket, he’s still got a megaphone to shape the conversation. On X, reactions to his comments are mixed some users, like
@vick55top
, back his deficit worries, while others, like
@lesleyabravanel
, think he’s just trying to dodge blame for backing Trump.

Wrapping It Up
Elon Musk’s frustration with Trump’s “One Big Beautiful Bill Act” isn’t just a policy spat it’s a clash of visions. Musk wants a lean, efficient government; Trump wants bold, crowd-pleasing moves. As the bill heads to the Senate, Musk’s criticism could tip the scales, especially if more Republicans start echoing his concerns. Beyond the politics, this fight shows the tricky balance between cutting taxes, boosting spending, and keeping the deficit in check. For Musk, it’s personal his legacy as a reformer and his businesses are on the line. And for the country, it’s a moment to wrestle with big questions about what we want our government to do and how we’re going to pay for it.
 

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$250M into his campaign donations, no discernable savings in his DOGE efforts, while his king is about to rack up $4T in debt and this is his remorse.

Imagine in a span of 5 months, European sales dropped by 50% when EV grew in Europe by 30%. BYD sold more in Europe than Tesla. China already Tesla overtook BYD. And in US he alienated his primary buyers.

The only reason Tesla didn't have a loss last quarter was because of its EV credits.

This is the fastest way for a successful brand to lose its shine. The foundation for this was put in not this year, but 3 years ago when he bought X and got distracted. Power got to his head just like it does in a banana (mango) republic
 
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