logo
Trump says he'll look into deporting Musk as fight over bill escalates

Trump says he'll look into deporting Musk as fight over bill escalates

The Verge20 hours ago
President Donald Trump and Elon Musk's fighting over the 'big, beautiful' domestic policy bill has returned to the spotlight, with the president telling reporters on Tuesday that 'we'll have to take a look' into deporting the billionaire.
He also proposed targeting Musk via the Department of Government Efficiency (DOGE), saying, 'We might have to put DOGE on Elon. You know what DOGE is? DOGE is the monster that might have to go back and eat Elon.'
Musk has been a longtime critic of Trump's budget bill, which he says he opposes because it will increase the budget deficit. However, a proposed removal of EV tax credits that help Tesla, where Musk is CEO, likely plays a role.
After the pair traded insults in early June, both had retreated from publicly squabbling, and Musk deleted some of his posts on X — another of his companies — that linked Trump to Jeffrey Epstein, a convicted sex offender.
Then, on Monday evening, as the US Senate worked through a 'vote-a-rama' in an attempt to pass the bill, Musk started posting on X again. He reiterated a threat to primary politicians who support the bill and said, 'If this insane spending bill passes, the America Party will be formed the next day.' Trump posted a response on Truth Social, implying that DOGE (which Musk led before publicly stepping down in May) could cut subsidies for Musk's companies. Without those subsidies, Trump said, 'Elon would probably have to close up shop and head back home to South Africa.'
Trump's full response, posted on Truth Social:
Elon Musk knew, long before he so strongly Endorsed me for President, that I was strongly against the EV Mandate. It is ridiculous, and was always a major part of my campaign. Electric cars are fine, but not everyone should be forced to own one. Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa. No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!
Musk responded on X to Trump's comments, saying, 'So tempting to escalate this. So, so tempting. But I will refrain for now.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Big Surprise: The Hemi V-8 Ram 1500 Is Explosively Popular
Big Surprise: The Hemi V-8 Ram 1500 Is Explosively Popular

Motor 1

time6 minutes ago

  • Motor 1

Big Surprise: The Hemi V-8 Ram 1500 Is Explosively Popular

It's never easy to admit a mistake, but that's what Ram CEO Tim Kuniskis did last month. The brand had dropped the Hemi V-8 engine from the 1500 with the 2025 revamp, which some buyers didn't like. Ram is rectifying that error for 2026, and it appears customers are eager for the engine's return. The automaker said that it had received over 10,000 orders for the Hemi-powered 1500 within the first 24 hours after announcing its return . Kuniskis said in Stellantis's second-quarter sales results that the brand is already seeing 'consumer interest spurred by the return of the Hemi V-8.' Photo by: Ram Hemi Availability Ram said the V-8-powered 1500 will go on sale this summer, each one wearing a special " Symbol of Protest " badge. The 5.7-liter engine makes 395 horsepower and 410 pound-feet of torque, as it did before, while featuring the same eTorque hybrid system. This was one way Ram could speed the development and get the truck on sale as quickly as possible. The engine is an optional upgrade for the 2026 1500, which costs up to $1,200 on trucks equipped with the standard engine. Ram is offering the V-8 in Tradesman, Big Horn, Express, Warlock, Laramie, Limited, and Longhorn trims to start, with the Rebel arriving later. The V-8 is a free upgrade on the Limited and Longhorn, which comes standard with the high-output 3.0-liter inline-six high-output engine. What Comes Next Back in April, Kuniskis said Ram had 25 product launches scheduled for the next 18 months, and this is one of the first. The brand is also returning to NASCAR. However, it's unclear what Ram will launch next. There are rumors the TRX could return in 2026 . And with the announcement that Stellantis is reviving SRT , it seems like anything and everything is back on the table, even passenger vans . Here's More Ram News: 2026 Ram 2500 Warlock: An Even Tougher Off-Road Truck Ram Lengthened Its Warranty Because We're Keeping Cars Longer Than Ever Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Source: Ram Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )

Energy Stock Could Rally Back Toward Record Highs
Energy Stock Could Rally Back Toward Record Highs

Forbes

time8 minutes ago

  • Forbes

Energy Stock Could Rally Back Toward Record Highs

Natural gas giant EQT (EQT) is trading 0.3% higher at $55.87, struggling to recover from a recent pullback from its June 23 record peak of $61.02. The shares are enjoying a floor of support from the formerly resistant $55 level, with a historically bullish trendline just below. While the equity remains up 22% this year, another overdue boost could be looming. Per Schaeffer's Senior Quantitative Analyst Rocky White, EQT is within one standard deviation of its 50-day moving average. EQT was higher than this this trendline in at least eight of the last 10 trading days and spent 80% of the last two months above it. Within these parameters, 12 other signals occurred in the past five years, after which the equity was higher one month later 67% of the time, averaging a 5.5% pop. A move of comparable magnitude would place EQT back near $60 -- within a chip-shot of its record high. Now looks like a good time to weigh in with options, too. EQT's Schaeffer's Volatility Index (SVI) of 34% ranks in the 12th percentile of its annual range, meaning options traders are pricing in low volatility expectations. Daily chart of EQT with 50-day moving average

Blackstone Buys Rest of Cvent From Vista in $1.3 Billion Deal
Blackstone Buys Rest of Cvent From Vista in $1.3 Billion Deal

Bloomberg

time9 minutes ago

  • Bloomberg

Blackstone Buys Rest of Cvent From Vista in $1.3 Billion Deal

Buyout firm Vista Equity Partners has struck a deal to sell its minority stake in Cvent Holding Corp. to Blackstone Inc., marking a full exit for Vista from the events software company. Blackstone is acquiring Vista's stake in Cvent for $1.3 billion, according to people familiar with the matter, who asked not to be identified discussing non-public information. Vista retained the stake following Blackstone's $4.6 billion takeover of the company in 2023.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store