Trump claims he’s not after Musk's companies as EV subsidies disappear

  • Posted on July 25, 2025
  • By Business News Today
  • 3 Views
Trump claims he’s not after Musk's companies as EV subsidies disappear

US President Donald Trump has denied claims that hes trying to damage Elon Musks business empire, saying he wants all American companies to succeed. The statement follows a sharp public feud triggered by Musks opposition to Trumps spending bill. Meanwhile, Tesla faces mounting pressure from expiring tax credits and rising tariffs, prompting a warning of “rough quarters” ahead. With Teslas shares slipping and Washington growing wary of Musks ventures, tensions between two powerful figures show no signs of easing.
continue reading...

Author
Business News Today

You May Also Like