tradingkey.logo
搜索

Trump floats siccing DOGE on Elon Musk, says he should go back to South Africa

Cryptopolitan2025年7月1日 09:19
facebooktwitterlinkedin

President Donald Trump went after Elon Musk on Monday night in a long post on Truth Social, slamming the Tesla CEO for cashing in on government subsidies while pretending to oppose public spending. Trump wrote:

“Elon Musk knew, long before he so strongly endorsed me for President, that I was strongly against the EV Mandate. It is ridiculous, and was always a major part of my campaign.”

He then said electric cars might be fine, but people shouldn’t be forced to buy them, and he called out Elon for benefiting from what he said are record-breaking government handouts.

Trump also suggested that if the money stopped, Elon would have to shut everything down—rockets, satellites, electric vehicles—and head back to South Africa. He ended the rant by throwing in a jab at DOGE, the Department of Government Efficiency, saying, “Perhaps we should have DOGE take a good, hard, look at this? Big money to be saved!”

That hit hard because DOGE was Elon’s own idea, created with the goal of cutting $1 trillion in wasteful government spending. Now Trump wants to use it to investigate the very man who launched it. Meanwhile, the Tesla stock has plunged by 5.8% in premarket trading as reaction to the two men having a public spat yet again.

Elon threatens Republicans supporting Trump’s debt bill

A few hours before Trump’s post, Elon took to X to post a threat to every Republican in Congress who supports Trump’s latest tax and spending bill. He wrote:

“Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame! And they will lose their primary next year if it is the last thing I do on this Earth.”

That message was posted just as the Senate was getting ready to vote on Trump’s proposed legislation. The bill is 940 pages long and includes a $5 trillion increase to the debt ceiling while slashing federal aid programs.

The vote is part of a procedural process known as vote-a-rama, a chaotic session where lawmakers race through dozens of amendments. The session started on Monday morning and kept going for over 18 hours into Tuesday without a final vote.

$3.3 trillion price tag deepens GOP split

The Congressional Budget Office released its estimate on Sunday, placing the cost of the Senate version of Trump’s bill at $3.3 trillion. That’s $800 billion more than the House version passed last month. It would bring the total US national debt up from $36.2 trillion.

Some Republicans say the CBO numbers are inflated and that continuing current policy shouldn’t count as new spending, but that hasn’t calmed the markets. Global bondholders are already pulling back from US Treasuries, sensing instability.

Democratic Minority Leader Chuck Schumer told the Senate the bill would “steal people’s healthcare, jack up their electricity bill to pay for tax breaks for billionaires.” John Thune fired back by defending the tax cuts as help for families and small businesses, and he said Medicaid spending was growing too fast, claiming the bill included reforms to make it more sustainable.

Elon wasn’t done. In a separate post, he said, “America is going bankrupt extremely quickly, but everyone seems to be whistling past the graveyard.” He said the Defense Department’s budget is already over $1 trillion a year, and now interest payments on the national debt are also past $1 trillion, and rising. “We have to reduce the spending,” he wrote. He also said the debt ceiling is the only tool left that can actually force the government to cut fraud and waste, adding, “That’s why the debt ceiling legislation exists!”

The Senate already voted 51-49 to open debate on the bill late Saturday. The proposal covers tax cuts, border security, immigration, and increased military funding. Trump wants the whole thing signed and sealed before the July 4 holiday, according to his staff. And if Elon keeps pushing, it looks like the White House may push back even harder.

Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

免责声明:本网站提供的信息仅供教育和参考之用,不应视为财务或投资建议。

推荐文章

tradingkey.logo
* 参考、分析和交易策略由第三方提供商Trading Central提供,观点基于分析师的独立评估和判断,未考虑投资者的投资目标和财务状况。
风险提示:我们的网站和移动应用程序仅提供关于某些投资产品的一般信息。Finsights 不提供财务建议或对任何投资产品的推荐,且提供此类信息不应被解释为 Finsights 提供财务建议或推荐。
投资产品存在重大投资风险,包括可能损失投资的本金,且可能并不适合所有人。投资产品的过去表现并不代表其未来表现。
Finsights 可能允许第三方广告商或关联公司在我们的网站或移动应用程序的任何部分放置或投放广告,并可能根据您与广告的互动情况获得报酬。
© 版权所有: FINSIGHTS MEDIA PTE. LTD. 版权所有