Latest / Elon Musk Podcast / Elon SLAPS BACK at Trump in MAGA WAR

Transcript

Elon SLAPS BACK at Trump in MAGA WAR · Elon Musk Podcast

• 0:02
  Your ultimate authority for daily Elon Musk news.
• 0:06
  Exploring the world's biggest ideas with your host Will
• 0:09
  Walden. There's something new every day.
• 0:17
  So Elon Musk has called President Trump's signature
• 0:20
  domestic policy legislation. A disgusting abomination and.
• 0:24
  Accused Congress of making America bankrupt.
• 0:27
  That attack came just days after a farewell ceremony.
• 0:31
  In the Oval Office when he had a black eye.
• 0:34
  Also, Musk and Trump praised each other and celebrated Musk's
• 0:37
  exit from his advisory role as head of the Doge Department of
• 0:43
  Government Efficiency. Now, why would the billionaire
• 0:46
  who helped shape Trump's cost cutting agenda now turn so
• 0:49
  publicly and forcefully against it?
• 0:52
  The answer sits at the intersection of political
• 0:54
  fallout, budget math, and personal interest.
• 0:57
  Now, Musk fired off a series of posts on X condemning the One
• 1:00
  Big Beautiful Bill Act, the President sweeping legislation
• 1:04
  that passed the House on May 22nd.
• 1:06
  The bill aims to slash taxes, increase defense and immigration
• 1:10
  enforcement spending, and reduce funding for healthcare,
• 1:13
  education, and clean energy. Analysts from the Congressional
• 1:16
  Budget Office estimate that it will increase the deficit by
• 1:20
  over $1 trillion. Now Musk echoed those concerns,
• 1:24
  stating that the bill would massively increase the already
• 1:27
  gigantic budget deficit. Now the.
• 1:30
  White House and House Speaker Mike Johnson defended the bill
• 1:33
  as a necessary overhaul, with Johnson saying Musk seemed to
• 1:37
  understand the legislation after they spoke privately.
• 1:40
  But Musk's public comments told a different story.
• 1:43
  He accused lawmakers of betraying voters and vowed to
• 1:46
  support efforts to unseat them in the 2026 midterm elections.
• 1:50
  He told his 180 million ex followers in November of next
• 1:54
  year, we fire all politicians who betrayed the American
• 1:58
  people. Now.
• 2:00
  Musk has previously used his platform and financial resources
• 2:03
  to influence policy debates and election outcomes.
• 2:06
  Last year, his super PAC spent nearly $30 million supporting
• 2:10
  Republican candidates. Now, his threats to back
• 2:13
  challengers in Republican primaries have raised concerns
• 2:16
  among GOP leaders, especially since Musk made clear he plans
• 2:20
  to spend a lot less next cycle but hasn't ruled out targeting
• 2:24
  investments. Now, one key source of Musk's
• 2:27
  anger appears to be the bill's removal of EV subsidies and tax
• 2:32
  credits. These incentives have been
• 2:34
  essential to Tesla's market position and their elimination
• 2:38
  would directly affect the company's bottom line.
• 2:41
  Now, people close to the congressional negotiations said
• 2:44
  that Musk expressed frustration that Republicans, particularly
• 2:48
  fiscal conservatives, insisted on eliminating subsidies as part
• 2:53
  of cost saving measures. Now, Trump's bill not only
• 2:56
  dismantles programs have benefited Tesla, but also shift
• 2:59
  the government's financial priorities in ways that
• 3:01
  contradict Musk's long standing public stance on innovation and
• 3:06
  environmental technology. Although he has generally
• 3:09
  supported deregulation and tax cuts, Musk has also relied on
• 3:13
  government funding and incentives to scale his
• 3:15
  companies. Now, Musk's criticisms this week
• 3:18
  build on earlier clashes with Trump's administration.
• 3:21
  In April, Musk publicly insulted Peter Navarro, Trump's top trade
• 3:25
  advisor, calling him a moron and Dumber than a sack of bricks.
• 3:29
  That insult followed concerns over new tariffs that would
• 3:33
  affect Tesla's supply chain and component costs.
• 3:36
  Now, according to Tesla executives, Musk initially
• 3:39
  underestimated how severely the tariffs would impact the
• 3:41
  company. Tensions between Musk and Trump
• 3:44
  have escalated as Musk moves away from his role in Washington
• 3:47
  and returns to political messaging through X.
• 3:50
  Last December, Musk derailed a bipartisan spending bill by
• 3:53
  threatening Republicans who supported it.
• 3:55
  In March, he attempted to influence a judicial race in
• 3:58
  Wisconsin with numerous posts supporting the conservative
• 4:01
  candidate, And Republicans have struggled to maintain unity
• 4:04
  around this bill. Trump exerted pressure by
• 4:07
  summoning skeptical lawmakers to the White House and framing
• 4:10
  opposition as betrayal. Even so, several Senate
• 4:13
  Republicans have expressed dissatisfaction and are seeking
• 4:16
  changes before the bill moves forward.
• 4:19
  Some want deeper cuts to Medicaid and other entitlements
• 4:22
  to reduce the deficit, while Trump has urged them to protect
• 4:24
  programs that are popular with his base now.
• 4:28
  Musk's remark have also drawn responses for Democrats.
• 4:32
  Senate Minority Leader Chuck Schumer used Musk's ex post to
• 4:36
  reinforce Democratic criticisms of the bill at a news
• 4:39
  conference. He held up a printed copy and
• 4:41
  said Musk is right and that Republicans should listen.
• 4:45
  The White House tried to defuse the situation.
• 4:47
  Press secretary Carolyn Levitt downplayed Musk's criticism,
• 4:51
  reiterating that Trump still views the bill as a success and
• 4:55
  won't change course. This is 1 big beautiful bill.
• 4:59
  In a sticking to it. She said Musk added fuel to the
• 5:01
  fire by posting a meme that mocked the Republican bill.
• 5:04
  Promised spending cuts. The image featured a tiny pair
• 5:07
  of scissors and the caption Republicans getting ready to
• 5:10
  reduce the size of government now.
• 5:11
  Sarcasm mirrored his C PAC appearance in February, though,
• 5:15
  where he took the stage wielding a chainsaw and declared it would
• 5:18
  be easy to save billions of dollars now.
• 5:22
  Iran's nuclear program also surfaced in this week's
• 5:25
  developments. The administration reportedly
• 5:28
  floated a proposal to let Iran continue low level uranium
• 5:31
  enrichment while a broader deal is negotiated.
• 5:34
  This marks the first sign of a possible compromise between the
• 5:37
  US and Iran under Trump after years of hostility and
• 5:40
  sanctions. Officials say the goal is to
• 5:42
  prevent Iran from acquiring a nuclear weapon without sparking
• 5:46
  a collapse in diplomacy. Now, Trump's legislation remains
• 5:51
  stalled in the Senate right now, with Republicans divided and
• 5:54
  Democrats unified in opposition. Musk's intervention has
• 5:58
  complicated the GOP's internal negotiations.
• 6:01
  Whether or not he spends big in the next cycle, his public
• 6:05
  influence remains substantial. He's broken ranks with Trump,
• 6:10
  and he's using his platform to challenge the president's
• 6:13
  legislative agenda at a critical time.
• 6:16
  Hey, thank. You so much for listening today.
• 6:18
  I really. Do.
• 6:19
  Appreciate your. Support if.
• 6:20
  You could take a second and hit this subscribe or the follow
• 6:23
  button on whatever podcast platform that you're listening
• 6:25
  on right now. I greatly appreciate it.
• 6:28
  It helps out the show tremendously and you'll never
• 6:30
  miss an episode. And each episode.
• 6:32
  Is about. 10 minutes or less to get you caught up quickly.
• 6:36
  And please, if you want to support the show even more.
• 6:39
  Go to atreoncom Stage 0. And please take care of
• 6:44
  yourselves and each other, and I'll see you tomorrow.