Michaela
Tech titan Elon Musk has fired back at President Donald Trump following the former president’s remarks about Musk’s sharp criticism of a Republican-backed tax and spending package currently making its way through Congress, which Trump has dubbed the “big beautiful bill.”
Speaking from the Oval Office during a bilateral meeting with German Chancellor Friedrich Merz, President Trump voiced frustration with Musk’s recent criticisms of the legislation. He went as far as to hint that the U.S. government might reconsider its extensive partnerships with Musk’s companies.
“I’m very disappointed with Elon. I’ve helped him a lot. He knew the inner workings of the bill better than anybody sitting here. He had no problem with it. All of a sudden he had a problem & he only developed the problem when he found out we’re going to cut EV mandate,” President Trump stated.
Musk’s EV mandate refers to government policies that encourage people to buy electric vehicles, mainly through tax credits that lower the cost for buyers. These incentives have helped Tesla, Musk’s electric car company, grow significantly.
In a post on X, Musk refuted President Trump’s remarks, stating that the claims made by the president were untrue. “This bill was never shown to me even once and was passed in the dead of night so fast that almost no one in Congress could even read it,” Musk wrote.
Musk continued to amplify his stance by reposting and sharing X posts from other users supporting his position. Notably, he spotlighted a post asserting that, without his assistance, President Trump would have lost the election.
Additionally, Musk claimed that the legislation, which he referred to as “The Big Ugly Bill,” would raise the U.S. deficit to $2.5 trillion.
Amid Musk’s series of posts on X, President Trump responded on his own social media platform, Truth Social. “Elon was “wearing thin,” I asked him to leave, I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY!” President Trump wrote. Musk responded by denying the president’s claim, labeling it as false.
However, Musk was not finished with his remarks about the president. He made a startling claim that President Trump is mentioned in the Epstein files—documents related to the investigations into Jeffrey Epstein’s criminal activities and connections—and suggested this is the reason the files have not been released publicly. Musk urged people to pay attention to this revelation, asserting that the truth will soon emerge.
While not proof of wrongdoing, inclusion could raise serious questions. If former President Trump were named, it could spark public and political fallout given his past association with Epstein.
Musk’s opposition to the “big beautiful bill” stems from concerns about a rising U.S. deficit and potential economic risks. In contrast, President Trump supports the legislation, viewing it as essential for funding government operations and promoting growth.
The two previously maintained a close working relationship and mutual understanding in the months following President Trump’s inauguration. However, this emerging conflict between two of the most influential figures could signal a new era of uncertainty.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
