Trump says Elon Musk is upset because he lost the EV mandate
ReutersJul 1, 2025 12:03 PM
WASHINGTON, July 1 (Reuters) - US President Donald Trump on Tuesday said billionaire Elon Musk is upset because he lost the mandate for electric vehicles in the recent tax and spending bill, and warned that the Tesla TSLA.O CEO "could lose a lot more than that."
Earlier in the day, Trump suggested the government efficiency department should review the subsidies Musk's companies have received in order to save money, reigniting a war of words between the world's most powerful man and its richest.
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