Musk Clashes with Trump Again: Slams 'Big, Beautiful Bill' as Job-Killer, Calls It 'Utterly Insane and Destructive'

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Tesla CEO Elon Musk takes on Trump once more: "Big, beautiful bill," he says, "will destroy jobs," and "utterly insane, destructive." US President Donald Trump with Tesla CEO Elon Musk 

 Elon Musk has strongly criticized the "Big Beautiful Bill," warning it would devastate American jobs and strategically harm the nation.  He argues the bill favors outdated industries while crippling future-oriented sectors.  Despite concerns from various groups regarding the bill's potential negative effects, the Senate is pushing for its passage and intends to present it to President Trump by July 4. Be with us. Former Doge chief and Tesla CEO Elon Musk on Saturday reinforced his criticism of US President Donald Trump's Big Beautiful Bill, warning that the legislation, pushed urgently by Republican senators, would destroy millions of jobs in America and cause harm to the country.

 Musk stated in a post on X that the bill will have a significant negative impact on the industries of the future, describing it as "Utterly insane and destructive." "The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!  Completely irrational and destructive. He stated, "It severely harms industries of the future while giving handouts to industries of the past." — elonmusk (@elonmusk)

 The Senate was holding a key test vote on "big, beautiful bill" Saturday evening, June 28.

 CBS News reports that Trump has exerted pressure on Congress to approve the bill. The White House stated in a statement obtained by CBS News on Saturday that the "ultimate betrayal" would be the bill's demise. "The One Big Beautiful Bill Act reflects the shared priorities of both the Congress and the Administration.  Therefore, "to demonstrate to the American people that they are serious about 'promises made, promises kept,'" the statement stated, "the Congress should immediately pass this bill and send it to the President's desk by July 4, 2025

 

 "Passing this bill would be the ultimate betrayal, and President Trump is committed to keeping his promises." The bill includes modifications to Medicaid provider tax rates, food benefit cost-sharing, SALT deduction limits and reduced wind and solar incentives.  New guidelines restrict credits to projects starting before 2028 and implement additional taxes thereafter.

 Musk vs Big Beautiful Bill

 This is not for the first time when Musk disagreed with Trump regarding the administration's "big, beautiful" spending bill.

 Earlier, on June 3, Musk had criticised the initial version, describing it as a "massive, outrageous, pork-filled Congressional spending bill [that] is a disgusting abomination."

 "Shame on those who voted for it: you know you did wrong," Musk wrote in the June 3 post.  "You know it."

 Musk said in a post on X on June 3

 Senate Budget Committee Chair Lindsey Graham, R-SC, presented the revised version on Friday evening, with Republicans aiming to present it to the president by July 4.

 Musk argued that the bill harms future-oriented industries while favoring traditional ones. The American Clean Power Association shared similar concerns, warning about frozen energy investments and increased household costs.

 "With no warning, the Senate has proposed new language that would increase taxes on domestic energy production," Fox news quoted ACP CEO Jason Grumet stated.

 "In what can only be described as 'midnight dumping,' the Senate has proposed a punitive tax hike targeting the fastest-growing sectors of our energy industry."

 Grumet expressed concerns about threatened investments, energy security and manufacturing growth, particularly affecting rural communities.

 Senator Elizabeth Warren, D-Mass., announced her efforts to ensure a complete reading of the extensive bill, stating on X: "Democrats need to use every second to fight back against the Big Beautiful Bill