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  • 6/6/2025
Tesla CEO Elon Musk launched a blistering attack on Trump’s sweeping tax and spending bill, according to Reuters. The backlash prompted Trump to publicly rebuke Musk during an Oval Office appearance, threatening to cancel the billionaire’s federal subsidies and contracts. The feud marks a dramatic collapse of a relationship that once gave Musk deep influence in Washington and nearly $300 million in political access. The White House called the fallout with Musk an unfortunate episode driven by his dissatisfaction with the bill's lack of his preferred policies. Musk did not respond to Reuters' emails seeking comment about the deterioration of his relationship with Trump. His super PAC, America PAC, and spokeswoman, Katie Miller, did not reply to calls or texts. Aides have scheduled a call between the two men for Friday.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla CEO Elon Musk launched a blistering attack on Trump's sweeping tax and spending bill,
00:07according to Reuters.
00:08Backlash prompted Trump to publicly rebuke Musk during an Oval Office appearance,
00:12threatening to cancel the billionaire's federal subsidies and contracts.
00:15It marks a dramatic collapse of a relationship that once gave Musk deep influence in Washington
00:19and nearly $300 million in political access.
00:23The White House called the fallout with Musk an unfortunate episode,
00:25driven by his dissatisfaction with the bill's lack of his preferred policies.
00:28Musk did not respond to Reuters' email seeking comment about the deterioration of his relationship with Trump.
00:34Consumer PAC, America PAC, and spokeswoman Katie Miller did not reply to calls or texts.
00:39Aids have been scheduled a call between the two men for Friday.
00:42For all things money, visit Benzinga.com slash GSTV.

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