Musk condemns latest Senate bill that would 'destroy millions of jobs,' raise taxes on wind, solar projects
- Elon Musk criticized the White House's latest tax and spending legislation, expressing concerns about its potential impact on jobs and emerging industries as senators prepared to vote on the measure on June 29, 2025.
- Musk renewed his criticism because he believes the bill would destroy millions of jobs and cause strategic harm to the U.S. economy.
- He condemned the bill for providing subsidies to outdated sectors at the expense of emerging industries and warned that supporting it would be a political disaster for Republicans.
- Musk criticized the legislation on X, stating it increases the nation's borrowing limit by $5 trillion—a historic spike—that he believes will lead the U.S. toward severe financial dependency.
- The vote's outcome may impact Musk's political influence and business relations with the administration amid his recent public feud with Trump.
155 Articles
155 Articles
Musk Reignites Row Over Trump’s ‘Big, Beautiful Bill’ as Senate Republicans Advance It: ‘Utterly Insane and Destructive’
Elon Musk has renewed his criticism of President Donald Trump’s “Big, Beautiful, Bill,” showcasing his fierce opposition to the measure at a critical time. As Senate Republicans scrambled to advance the newly-revised 940-page proposal, Musk took to social media on Saturday to highlight his disapproval. “The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country,” Musk said to his more th…
Elon Musk doubles down on Donald Trump's 'big beautiful bill' as he issues warning to GOP
Elon Musk has launched a scathing attack on President Donald Trump's 'big beautiful bill', warning it will "destroy millions of jobs in America and cause immense strategic harm to our country"
Elon Musk Calls Trump’s Megabill ‘Political Suicide,’ Says ‘It Is Utterly Insane and Destructive,’ Will ‘Destroy Millions of Jobs in America’ - Tesla (NASDAQ:TSLA)
Elon Musk publicly criticized President Trump's One Big Beautiful Bill, which advanced in the Senate Saturday night, calling it "utterly insane" and "destructive."
Elon Musk does not support Trump's proposed grand and beautiful budget law. ...
American billionaire Elon Musk has reiterated his opposition to US President Donald Trump's tax and budget cuts, arguing that the legislation, which Republican senators are rapidly trying to pass, would kill jobs and stunt the development of growing industries.
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