Elon Musk to Trump: 'Cut it all' amid subsidy fight

Just when the tensions between Elon Musk and Donald Trump appeared to settle, the dispute took a fresh turn after Trump publicly suggested reviewing subsidies received by Musk's companies. In response, the Tesla and SpaceX CEO openly dared the U.S. President to “cut it all.”

Musk made his remark following Trump’s post on Truth Social, where he criticized the electric vehicle mandate and indicated that a government agency, referred to as DOGE, should investigate Musk’s financial benefits. Trump argued this would save taxpayer money.

Trump repeats criticism of EV policy and Tesla support

Donald Trump stated that Elon Musk knew all along that he opposed the EV mandate, describing it as “ridiculous.” Trump also questioned the necessity of government support for Tesla, implying that Musk may have received more subsidies than anyone else. He further suggested that without such support, Musk would be unable to continue rocket launches, satellite missions, or car production — adding that ending these could lead to major national savings.

The remarks also included a suggestion for the DOGE department to review Musk’s business dealings: “BIG MONEY TO BE SAVED!!!” said Trump.

Musk hits back after earlier apology

While the two have clashed in the past — including over Musk’s previous reference to Trump’s alleged ties to Jeffrey Epstein — the Tesla CEO had earlier expressed regret. “I regret some of my posts about President Donald Trump… They went too far,”

Musk had said.

However, the latest developments pushed Musk back into criticism. On X, he slammed the spending bill as “utterly insane and destructive.” Musk accused lawmakers who supported it of hypocrisy and said they “should hang their heads in shame.”

Calls for new party and warning to politicians

Musk didn’t stop at criticism. He warned that politicians who supported the bill despite campaigning against high spending would face consequences in the next election cycle. “They will lose their primary next year if it is the last thing I do on this Earth,”

he said.

It is obvious with the insane spending of this bill, which increases the debt ceiling by a record FIVE TRILLION DOLLARS that we live in a one-party country – the PORKY PIG PARTY!!

Time for a new political party that actually cares about the people.

— Elon Musk (@elonmusk) June 30, 2025

In a separate post, Musk once again called for the creation of a new political party, stating that the bill reflected a one-party rule — referring to it sarcastically as the “PORKY PIG PARTY!!”

Musk’s comments mark a renewed escalation in his rift with Trump, blending tech, politics, and spending in a high-profile online standoff.

For more news and current affairs from around the world, please visit Indiatimes News.