Elon Musk Trump Senate bill

Elon Musk ripped into the Senate’s massive domestic policy package on Saturday, calling it “utterly insane” and destructive,” pointing to provisions in the bill that would raise taxes on many solar, battery, geothermal, wind and nuclear energy projects.

Musk’s automaker Tesla produces, sells and installs both battery energy storage systems, and solar photovoltaics as part of its energy division.

Musk’s remarks come weeks after he first hurled harsh criticism against the bill, which is backed by President Donald Trump.

“The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!” Musk wrote on X, the social network that he owns.

“Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future,” he continued, hours before the Senate was poised to hold a key vote on the package.

The bill would also create a new subsidy for coal that’s used for the production of steel.

The Tesla and SpaceX CEO, who is the wealthiest man in the world, has been an outspoken critic of Trump’s “big, beautiful bill,” views that in part triggered a public feud that erupted earlier this month between the two men.

Musk previously called the bill a “disgusting abomination” and urged lawmakers to “KILL the BILL.”

Musk’s earlier comments led to the deterioration of his relationship with the president — a dramatic turnaround after the tech magnate had donated more than $250 million to Trump’s re-election campaign and went on to lead the Trump administration’s controversial Department of Government Efficiency (DOGE).

Shares of Tesla, Musk’s only publicly listed business, fell 14% in a single day after his initial criticism of the bill, as the president threatened to evaluate and pull government contracts for his companies.

Days after the public feud, however, Musk said that he regretted “some of the posts” he sent. He had voiced support for Trump’s immigration policy, and mostly reined in his political posts on X until Saturday’s legislative debate over the Republican megabill neared a vote.

Musk did not respond to a request for comment.

Saturday marked the tech magnate’s 54th birthday. Activists in a movement known as Tesla Takedown organized “anti-celebration” protests in response to Musk’s work with President Trump and endorsement of Germany’s extremist anti-immigrant party AfD.