Trump Threatens Tesla Subsidies, Musk Dares to “Cut It All” Amid EV Tax Credit Clash
On July 1, 2025, U.S. President Donald Trump escalated tensions with Tesla CEO Elon Musk, threatening to review federal subsidies for Musk’s companies, including Tesla’s electric vehicle (EV) incentives, via the Department of Government Efficiency (DOGE). This follows Musk’s sharp criticism of Trump’s $3.3 trillion tax and spending bill, which eliminates the $7,500 EV tax…