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Reading: Elon Musk will face penalties if he backs Democrats
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StockWaves > Global Markets > Elon Musk will face penalties if he backs Democrats
Global Markets

Elon Musk will face penalties if he backs Democrats

StockWaves By StockWaves Last updated: June 8, 2025 3 Min Read
Elon Musk will face penalties if he backs Democrats
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U.S. President Donald Trump gestures whereas boarding Air Drive One as he departs for New Jersey at Joint Base Andrews, Maryland, U.S., June 6, 2025.

Nathan Howard | Reuters

President Donald Trump advised NBC Information on Saturday that Elon Musk would see “severe penalties” if he backs Democratic candidates who problem Republicans supporting the “huge, lovely invoice.”

“If he does, he’ll should pay the implications for that,” Trump advised NBC Information’ Kristen Welker in a cellphone interview.

“He’ll should pay very severe penalties if he does that,” he continued, with out giving specifics on what that may seem like.

Trump additionally mentioned that he thinks his relationship with Musk is finished after their public feud erupted this week.

“I gave him lots of breaks, lengthy earlier than this occurred, I gave him breaks in my first administration and saved his life in my first administration,” Trump mentioned.

“I’ve no intention of chatting with him,” Trump added.

When requested whether or not he thinks his relationship with Musk is over, he mentioned, “I’d assume so.”

Trump additionally accused Musk of being “disrespectful to the workplace of the president.”

Trump’s remarks are amongst his most intensive public feedback but on his feud with Musk, and the newest signal that the president is just not considering mending his relationship with the onetime ally.

Learn extra CNBC politics protection

Musk has been a vocal critic of the Trump-backed spending invoice that moved by the Home final month.

Earlier this week, Musk known as the spending invoice a “disgusting abomination” that can result in exploding federal funds deficits.

“In November subsequent yr, we hearth all politicians who betrayed the American individuals,” he wrote in a separate X publish.

Musk’s criticism of the spending bundle — which is now being thought-about within the Senate — is partially what spurred the conflict between the 2 males.

Trump advised NBC Information that he’s nonetheless “very assured” that the invoice will probably be handed by July 4, and that he would not suppose Musk might derail the invoice.

“Should you have a look at the Republicans, we have by no means been extra unified,” Trump advised NBC Information. “The invoice is incredible.”

— NBC Information contributed reporting

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1 Comment
  • binance says:
    July 19, 2025 at 2:08 pm

    Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

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