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BlockNews
Home FINANCE

Trump Reveals the Real Reason Why Elon Musk is Unhappy with the Big Beautiful Tax Bill

Michael Juanico by Michael Juanico
June 5, 2025
in FINANCE, OPINION, POLITICS
Reading Time: 3 mins read
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  • Trump says Musk is “very upset” over EV subsidy cuts and NASA appointment rejection.
  • Musk accuses Trump of hypocrisy and slams the bill for being packed with “disgusting pork.”
  • Their once-solid alliance now looks fractured, with both trading barbs over policy and power.

The high-profile alliance between President Donald Trump and Elon Musk took a sharp turn Thursday, as both publicly clashed over Trump’s massive tax reform bill. Speaking from the White House, Trump said Musk’s fiery opposition to the legislation stems from two things: the removal of electric vehicle (EV) incentives and Trump’s rejection of Musk’s NASA pick, billionaire Jared Isaacman. “I’ve helped Elon a lot,” Trump said. “I’m very disappointed.”

🚨 TRUMP: DISAPPOINTED IN MUSK, "I HELPED HIM ALOT" — " ELON HASN'T SAID BAD ABOUT ME BUT THAT'LL BE NEXT" https://t.co/2PFPrRDGkV pic.twitter.com/RpVtHmuHac

— BlockNews (@blocknewsdotcom) June 5, 2025

Musk, who had previously overseen Trump’s DOGE initiative on government spending cuts, didn’t waste time firing back. He blasted the bill on X, calling it bloated with “DISGUSTING PORK” and slammed Trump’s decision to scrap EV and solar incentives while keeping oil and gas subsidies intact. In another swipe, Musk claimed Trump owed him for the 2024 election win, saying, “Without me, Trump would have lost.”

Deficit Concerns and Political Grudges

Musk’s criticism isn’t just personal—it’s policy-driven. He’s been railing for days about the bill’s projected $2.4 trillion impact on the deficit, calling it a “disgusting abomination.” Trump, in contrast, insists the bill is “incredible” and essential, even if it slashes key green energy programs. The president suggested Musk only voiced concerns after learning his preferred tax credits were getting the axe.

The tensions grew deeper after Trump rejected Isaacman as NASA’s head, citing political differences. “We won,” Trump said bluntly. “We get certain privileges. And one of them is not appointing a Democrat to run NASA.” That move came just days after Trump publicly praised Musk for his government service during a celebratory Oval Office event.

Fractured Alliance, Fading Trust

What started as a strategic relationship between a business tycoon and a populist president now looks like it’s unraveling. Trump said Musk once knew “the inner workings” of the bill better than most in government. But now, the president says the Tesla CEO’s outbursts are politically motivated and come “all of a sudden,” driven by what Trump called Musk’s desire for “billions and billions of dollars” in subsidies.

I couldn’t agree more! 🇺🇸🇺🇸 https://t.co/sZ6xgisZEA

— Elon Musk (@elonmusk) June 5, 2025

Musk, for his part, isn’t backing down. With tweets full of sarcasm, frustration, and political fire, he’s positioning himself as a disillusioned insider. Whether this feud dies down or escalates into an all-out war could shape not just EV policy—but the future of conservative tech alliances in Washington.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: DOGEDonald TrumpElon MuskNASA
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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