Tax Proposals

Elon Musk’s criticism of Republican tax and spending plans has reportedly strained his relationship with Donald Trump. Disagreement over proposed legislation impacting Tesla and the electric vehicle industry, including fees for EV owners and elimination of tax credits, has fueled the tension. Musk, expressing concerns about “debt slavery,” has actively campaigned against the proposals, potentially damaging a previous close collaboration with Trump, who is reportedly displeased with the shift.