Elon Musk called US President Donald Trump's “one, big, beautiful bill“ to cut government spending “disgusting” because it attacks the entrepreneur's political and business interests, the Axios portal reported, citing its sources.
According to them, Musk was dissatisfied that his powers as head of the Department of Government Efficiency (DOGE) were not expanded. In addition, the entrepreneur reacted sharply to Trump's withdrawal of Jared Isaacman's nomination for the post of NASA director.
The failures in promoting business led Musk to criticize the bill. According to Musk, it will “increase the already gigantic budget deficit” and will “burden the American people with unbearable debt“.The document proposes to reduce tax credits for electric vehicles, which will harm Musk's company Tesla. According to Axios, Musk's car company spent about $ 240 thousand on lobbying to preserve these credits. Also, according to sources of the portal, the businessman was counting on the transition of the American air traffic control system to Starlink communication satellites.