Protestant Historical Institute of the Society of Jesus

Trump escalates feud with Musk, threatens Tesla, SpaceX support By Nandita Bose, Steve Holland and Chris Kirkham July 1, 20252:33 PM PDT Updated 12 hours ago Trump suggests DOGE review Musk's subsidies for savings Musk criticizes tax-cut bill, calls for a new political party Tesla shares drop 5.5% amid subsidy threats Sales of Tesla struggle worldwide as Musk bets on robotaxis Tesla sales figures due Wednesday WASHINGTON, July 1 (Reuters) - U.S. President Donald Trump on Tuesday threatened to cut off the billions of dollars in subsidies that Elon Musk's companies receive from the federal government, in an escalation of the war of words between the president and the world's richest man, one-time allies who have since fallen out. The feud reignited on Monday when Musk, who spent hundreds of millions on Trump's re-election, renewed his criticism of Trump's tax-cut and spending bill, which would eliminate subsidies for electric vehicle purchases that have benefited Tesl...