Tuesday, July 1, 2025

Trump Threatens To ‘look Into’ Deporting Elon Musk Amid Escalating Tax Invoice Feud

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Donald Trump publicly acknowledged he would “have a look” at the potential for deporting billionaire entrepreneur Elon Musk, escalating their ongoing feud over Trump’s signature tax and spending laws.

The remark got here throughout a press briefing on the White Home, the place Trump was requested straight concerning the prospect of eradicating the South African-born, naturalized US citizen from the nation. “I don’t know, we’ll have to have a look,” Trump replied, fueling hypothesis concerning the depth of the rift between the 2 high-profile figures.

From Allies to Adversaries

The connection between Trump and Musk has dramatically soured in current weeks. Musk, who was a significant donor to Trump’s 2024 marketing campaign and led the Division of Authorities Effectivity (DOGE) till late Might, has develop into a vocal critic of Trump’s $4 trillion spending invoice.

Musk has lambasted the laws as an “insane spending invoice,” warning it might kill jobs, enhance the nationwide debt, and remove key tax credit for electrical car (EV) purchases—straight impacting Tesla, the place Musk is CEO.

Trump, in flip, has accused Musk of opposing the invoice solely as a result of it might finish authorities subsidies that profit his corporations. “Elon might get extra subsidy than any human being in historical past, by far,” Trump mentioned, warning that with out these federal contracts and tax advantages, Musk’s corporations would “have to shut up store and head again house to South Africa.”

Trump added, “He’s dropping his EV mandate. He’s very upset about issues, however you already know, he may lose much more than that, I can let you know proper now. Elon can lose much more than that”.

The Position of DOGE and Threats of Additional Motion

Trump additionally instructed that the Division of Authorities Effectivity, which Musk beforehand headed, may now be tasked with investigating Musk’s federal subsidies. “We would should put DOGE on Elon. DOGE is the monster that may have to return and eat Elon,” Trump mentioned, referencing the company’s cost-cutting mission.

This public spat is the most recent in a collection of escalating exchanges between the 2, with Musk threatening to assist main challenges towards Republican lawmakers who again Trump’s invoice and even floating the concept of launching a brand new political occasion, the “America Get together,” if the laws passes.

Musk’s Response and Broader Implications

Musk responded to Trump’s deportation remarks on social media, writing, “So tempting to escalate this. So, so tempting. However I’ll chorus for now.” The billionaire has denied that his opposition to the invoice is motivated by a want to guard subsidies for his corporations, as an alternative framing his criticism as a stand towards what he sees as reckless fiscal coverage and a retreat from US management within the EV and clear power sectors.

The feud has already had tangible results: Tesla shares fell greater than 4% in premarket buying and selling following the change, reflecting investor considerations over the way forward for EV incentives and Musk’s standing with the administration.

A Excessive-Stakes Political and Enterprise Showdown

Trump’s remarks mark a dramatic escalation in a battle that blends politics, enterprise, and private rivalry on the highest ranges. Whereas the probability of deporting a naturalized US citizen like Musk is extraordinarily distant, the episode underscores the volatility of Trump’s relationships with even his former allies and the far-reaching penalties of coverage disputes within the present political local weather

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