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Musk fumes as tax bill cuts EV credits
Financial Express Pune
|June 30, 2025
ELON MUSK SLAMMED the US Senate's latest version of President Donald Trump's multi-trillion dollar tax bill Saturday, warning that the cuts to electric vehicle and other clean energy credits would be "incredibly destructive" to the country.
Musk, the chief executive officer of Tesla and SpaceX, posted on his social media platform X about the bill, which the Senate advanced in a contentious vote late Saturday.
"The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country," Musk wrote on X on Saturday ahead of a procedural Senate vote to open debate on the nearly 1,000-page bill.
This story is from the June 30, 2025 edition of Financial Express Pune.
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