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Musk Clashes with Trump on Trade, Faces Backlash

6/3/2025

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Story summary
  • Elon Musk publicly disagreed with some Trump administration policies, particularly the "One Big Beautiful Bill Act," citing a potential $4 trillion deficit increase.
  • He advocated for lower tariffs, criticizing Trump's trade policies to enhance economic growth.
  • Musk faced backlash over his role in the "Department of Government Efficiency," resulting in protests and declining Tesla profits.
  • Shareholders are urging Musk to prioritize Tesla amid his claims of reducing government involvement.