Donald Trump calls Elon Musk ‘wonderful', but says row over Big Beautiful tax bill was not ‘appropriate'
Expressing his like for billionaire Elon Musk, Donald Trump in an interview with Fox News, called his a 'wonderful guy', but noted that their very public disagreement on the United States president's marquee 'One Big Beautiful Bill', was not 'appropriate'.
This came just before the Tesla chief renewed his criticism of Donald Trump's nearly dollar tax and spending b$3 trillion dollar tax and spending bill, and warned that cutting sops for electric vehicles would have significant negative impact on the EVs and clean energy sectors.
Elon Musk's outrage came just before the US Senate on June 28 took up the Bill overnight, and passed it through the first hurdle by a narrow margin of 51-49 votes for debate and consideration. The bill is expected to be complete by June 30 (local US time).
When asked about the public spat with Elon Musk, Donald Trump told Fox News that the world's richest man 'got a little bit upset'.
'I haven't spoken to him much, but I think Elon is a wonderful guy, and I know he's going to do well always. But he got a little bit upset, and you know that wasn't appropriate,' Donald Trump said in the interview which aired on June 29.
The Senate tax bill seeks to put an end to a popular $7,500 consumer tax credit for EVs, much quicker than the earlier proposal, as per a Bloomberg report.
The previous version sought to end the incentive at the end of this year for most EV sales, the new version terminates the credit after September 30, it added.
The report noted that tax credits for the purchase of used and commercial EVs would end at the same time.
Elon Musk posted on his social media platform X about the bill, which the Senate advanced in a contentious vote late Saturday. He has been at loggerheads with the Trump administration since leaving his posts as chief of the Department of Government Efficiency (DOGE).
The bill would destroy millions of US jobs and give 'handouts to industries of the past while severely damaging industries of the future,' Musk said.
The tech billionaire's latest criticism of the package threatens to reawaken his public rift with Donald Trump that began after the world's richest man left his cost-cutting job in the administration.
(With inputs from Bloomberg)
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