EconomyLens.com
No Result
View All Result
Thursday, October 2, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Trump ramps up Musk feud with deportation threat

Emma Reilly by Emma Reilly
July 2, 2025
in Other
Reading Time: 7 mins read
A A
0
21
SHARES
259
VIEWS
Share on FacebookShare on Twitter

US President Donald Trump unloaded on Elon Musk as he left the White House on Tuesday. ©AFP

Washington (AFP) – Donald Trump and Elon Musk reignited their bitter feud Tuesday, with the US president threatening to deport the tech tycoon and strip federal funds from his businesses for criticizing Trump’s flagship spending bill. The world’s richest person was Trump’s biggest political donor in the 2024 election and became his inseparable ally during his first months back in the White House as head of the Department of Government Efficiency (DOGE).

Related

Boom or bubble: How long can the AI investment craze last?

Tech stocks fuel Asian and European gains, Wall Street wobbles

US Treasury chief says ‘fully prepared’ to support struggling Argentina

Markets surge on US rate hopes, tech fired by chip deal

Air traffic controllers warn of US shutdown strain

But the SpaceX and Tesla boss is now threatening to turn his riches against Trump, mulling a rival political party to challenge Republican lawmakers who vote for the president’s “One Big Beautiful Bill.” Trump, 79, reacted vengefully on Tuesday as he headed to the opening of a new migrant detention center in Florida dubbed “Alligator Alcatraz.” “We’ll have to take a look,” he told reporters when asked if he would consider deporting Musk, who has held US citizenship since 2002.

Trump also signaled that he could take aim at the huge contracts and subsidies that Musk’s SpaceX rocket and Starlink satellite internet businesses receive from the US government. “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,” Trump said. Trump added later in Florida: “I don’t think he should be playing that game with me.”

In reply to a post on his X social network featuring Trump’s deportation comments, Musk said on Tuesday: “So tempting to escalate this. So, so tempting. But I will refrain for now.” Shares of Tesla sank around five percent Tuesday after Trump’s threats. Trump had made similar comments on Monday, saying Musk was attacking the bill because he was annoyed that it had dropped measures to support the electric vehicles (EV) industry.

“Without subsidies, Elon would probably have to close up shop and head back home to South Africa,” Trump said on his Truth Social network. The tycoon and the president shared a brief but intense bromance after Trump’s return to power in January. Wearing MAGA baseball hats, Musk was an almost constant presence at Trump’s side. Trump returned the favor by promoting Tesla electric vehicles when protesters targeted them for Musk’s cost-cutting drive at DOGE.

But they had a huge public blow-up in May as Musk criticized the spending bill and then left the government. Musk had kept a low profile in recent weeks but returned to the fray as the bill began its difficult path through Congress. He has since posted a steady stream of posts against the bill on the X social network that he owns. The billionaire’s criticisms center on claims that the bill would increase the US deficit.

He also accuses Republicans of abandoning efforts to place the United States at the front of the EV and clean energy revolution. “All I’m asking is that we don’t bankrupt America,” he said on social media Tuesday, accusing Republicans of supporting “debt slavery.” More worrying perhaps for Trump is the way that Musk is seeking to target vulnerable Republican lawmakers ahead of the 2026 US midterm elections.

Musk has said he will set up his own political movement called the “America Party” if Trump’s bill passes. And he has pledged to fund challengers against lawmakers who campaigned on reduced federal spending only to vote for the bill. “VOX POPULI VOX DEI 80% voted for a new party,” he said after launching a poll on the idea on X.

© 2024 AFP

Tags: Donald TrumpElon Muskpolitics
Share8Tweet5Share1Pin2Send
Previous Post

Stocks diverge while tracking US trade deal prospects

Next Post

US Senate approves divisive Trump spending bill

Emma Reilly

Emma Reilly

Related Posts

Other

Dow, S&P 500 end at records despite US government shutdown

October 1, 2025
Other

Trump says to push China’s Xi on soybeans as US farmers struggle

October 1, 2025
Other

Wall Street stocks shrug off start of US shutdown

October 1, 2025
Other

UK’s Labour govt plans permanent fracking ban

October 1, 2025
Other

YouTube, platforms not cooperating enough on EU content disputes: report

October 1, 2025
Other

European stocks rise, Wall St futures drop as US shutdown begins

October 1, 2025
Next Post

US Senate approves divisive Trump spending bill

IMF urges Swiss to strengthen bank resilience

UN aid meeting seeks end to Global South debt crisis

French league launches own channel to broadcast Ligue 1

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

79

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Boom or bubble: How long can the AI investment craze last?

October 2, 2025

Tech stocks fuel Asian and European gains, Wall Street wobbles

October 2, 2025

Musk joins ‘cancel Netflix’ campaign

October 2, 2025

US Treasury chief says ‘fully prepared’ to support struggling Argentina

October 2, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.