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Axios learned about the reasons for Musk's negative reaction to Trump's budget law

Axios: Musk criticized Trump's government spending project because of the threat to his business interests
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Photo: AP/Matt Rourke
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American entrepreneur Elon Musk could have criticized US President Donald Trump's bill to reduce government spending due to the fact that his business interests were under attack. This was reported on June 3 by the Axios portal, citing sources.

It is clarified that one of the reasons could be Musk's dissatisfaction with the fact that his powers as a so-called "special government employee" were not extended after the expiration date. In addition, it is assumed that the entrepreneur could have been "offended" by Trump's decision to withdraw the candidacy of Jared Isaakman, an ally of Musk, for the post of head of the National Aeronautics and Space Administration (NASA).

Another reason was the very content of the bill. It includes a reduction in the electric vehicle tax credit, which helps Tesla, in particular, in which Musk is one of the largest shareholders. Moreover, the US administration refused to use Musk's Starlink satellite system for national air traffic control, the portal added.

Sources said that Elon Musk was "furious" about this, and Donald Trump, in turn, was "angry [because of] the sabotage." According to them, despite this situation, Trump and Musk still remain friends and allies.

On the same day, Musk sharply opposed the new draft budget proposed by the Trump administration, calling it an abomination. He added that the project would significantly increase the budget deficit to $2.5 trillion and impose an unbearable debt burden on American citizens.

Prior to that, on June 1, the businessman stated that he did not agree with the presidential administration in everything and was not ready to "take responsibility" for all the actions it was taking.

Переведено сервисом «Яндекс Переводчик»

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