00:00Thank you, Elon.
00:01Tech giant Elon Musk has blasted U.S. President Donald Trump's so-called big, beautiful bill of tax breaks and spending cuts as a disgusting abomination.
00:12His post on his social media platform X came just a few days after Trump gave him a celebratory farewell at the Oval Office, marking the end of his work for the administration.
00:22The bill, which is currently under debate in the Senate, extends Trump's 2017 tax cuts and includes new spending for border security and the military.
00:34Cuts to programs such as Medicaid, food stamps and green energy tax credits are planned to offset costs.
00:41The legislation would curtail subsidies that benefit Musk's Tesla, slashing funding for electric vehicles and related technologies.
00:49It's a sharp shift for Musk, who spent at least $250 million supporting Trump's campaign last year.
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