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Feud Between Tesla's Elon Musk and Trump Escalates
Bloomberg Television· 2025-07-01 16:02
Let's also talk a little bit about Tesla, because the stock is sputtering after that feud between President Trump and Elon Musk reignited on social media. The president posted that the Tesla CEO gets more subsidies than any human being in history. That post came after Musk bashed Trump's spending bill, threatening to unseat any lawmakers who support that bill if it's the last thing he does on this earth.Joining us now with the latest is Bloomberg Tech co-host Ed Ludlow there. So this has been simmering for ...
X @Elon Musk
Elon Musk· 2025-07-01 10:34
RT Ana Mostarac (@anammostarac)On the topic of subsidies: a large sum of public funds flows to already well established companies that aren't inventing new technologies, rethinking infrastructure, or advancing the national interest. They're mostly just milking their decaying dominance.Threatening to pull subsidies from the few companies driving American progress will only stall innovation, slow national competitiveness, and discourage future founders.Elon’s companies aren’t even in the top 15 recipients of ...
Musk Bashes Spending Bill, Trump Threatens Tesla Subsidies
Bloomberg Television· 2025-07-01 10:13
Most recently Trump writing on Truth Social that Musk may get more subsidies than any human being in history so far, and that Elon would probably have to close up shop and head back to South Africa without subsidies. Tyler, is this just palace intrigue or could this have real ramifications. Well, I think it's probably a little bit of both.One, this is starting to veer into the personal again, with President Trump also appearing to threaten in his post on social that there should be some sort of investigatio ...
X @Bloomberg
Bloomberg· 2025-06-30 22:11
Policy & Regulation - Senate Republicans are advocating for a less aggressive phase-out of subsidies for wind and solar projects under President Trump's tax-and-spending package [1] Renewable Energy - The plan aims to soften the planned phase-out of subsidies for wind and solar projects [1]
X @Elon Musk
Elon Musk· 2025-06-18 03:12
Subsidies & Energy - Fossil fuel subsidies are approximately $10-15 billion annually [1] - Solar and wind energy subsidies are approximately $10-15 billion annually [1] - The industry requires both fossil fuels and renewable energy sources currently [1] Energy Independence - American energy independence is a key goal [1]