Elon Musk Calls Trump-Backed Senate Bill 'Insane,' Warns It Will 'Destroy Millions of Jobs'

Elon Musk called the Senate’s sweeping domestic policy bill “utterly insane and destructive,” according to CNBC. The Tesla CEO slammed provisions that raise taxes on solar, wind, nuclear, battery, and geothermal projects, which are central to Tesla’s energy division. President Donald Trump endorses the bill, which includes new subsidies for coal used in steel production. Musk warned the bill would “destroy millions of jobs” and accused lawmakers of giving handouts to outdated industries at the expense of future-facing ones. Musk has openly criticized Trump’s “big, beautiful bill,” sparking a public feud between them. He previously called the legislation a “disgusting abomination” and urged lawmakers to “KILL the BILL.”