Elon Musk blasts Trump’s bill for threatening millions of jobs

In the United States, Elon Musk publicly condemned the latest version of President Donald Trump's tax and spending cuts bill on June 29, 2025. Musk, whose criticism came on his 54th birthday, described the Senate draft as detrimental, stating it would destroy millions of jobs and pose immense strategic harm to the nation. He reiterated his opposition to the bill, arguing it primarily benefits outdated industries while hindering the growth of emerging sectors, particularly renewable energy. His remarks highlighted a significant ongoing political tension between Musk and Trump's administration, following their earlier alliance during Trump's campaign. The Senate bill faced a crucial vote around the same time, as Republican leaders aimed to pass it by July 4. Musk's comments were not merely isolated expressions of discontent; they reflected broader concerns voiced by stakeholders in the renewable energy sector. Criticism from the American Clean Power Association pointed to new taxes and potential investment freezes that could jeopardize future energy initiatives that align with green practices. The association's CEO urged Senate leaders to reconsider these last-minute tax increases, framing the issue as critical for American businesses. Musk's apprehensions about the impact of the bill on employment were coupled with fears about increased taxes on clean energy projects not yet under construction. These concerns were voiced not only by Musk but echoed by other industry leaders and advocates for renewable energy. Acknowledging the urgency of the situation, various stakeholders pressed Senate leadership to conduct a thorough analysis of the proposed tax regime before moving forward with the vote, citing the potential long-term consequences for both economic stability and environmental initiatives. With Musk positioning himself against what he described as “political suicide for the Republican Party,” the dynamics within the GOP were further complicated. Earlier in June, Musk expressed disappointment with the bill during a public engagement, calling it a “massive, outrageous, pork-filled Congressional spending bill.” He urged his followers to mobilize and voice their opposition, reflecting an ongoing conflict that not only concerned fiscal policy but also had implications for the future of industrial innovation in the U.S. The evolving situation illustrates the challenges Republican leaders face in balancing their legislative strategies against backlash from influential figures like Musk and critical constituency groups advocating for sustainable, forward-thinking policies.