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Trump Expresses Disappointment with Elon Musk Over EV Mandate Criticism

CNBC TelevisionJune 7, 20258 min202,544 views
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Trump's Disappointment with Elon Musk

  • πŸ’” President Trump expressed significant disappointment with Elon Musk, stating he had previously done a lot for him.
  • πŸ’‘ Musk's criticism is linked to the removal of the EV mandate from a large tax bill, which Trump described as the biggest cut in history.
  • πŸ’° Trump believes Musk is upset because the removal of the EV mandate, which involved billions of dollars, directly impacted him.

The "Great Big Beautiful Bill"

  • πŸ“Š Trump lauded the tax bill as the "biggest tax cut in history" and a major economic development move, claiming it would significantly lower people's taxes.
  • πŸ“ˆ He cited CBO (Congressional Budget Office) scoring, suggesting that including tariff revenue would put the bill in surplus, despite initial deficit projections.
  • πŸ“‰ The transcript mentions CNBC reporting incredible numbers for personal income and very low inflation, which Trump attributes to his administration's policies.

Economic Indicators and Policies

  • 🎯 Trump highlighted a decrease in inflation to 2%, contrasting it with what he described as the worst inflation in history under the Biden administration.
  • πŸ›’ He noted that grocery prices, including eggs, have decreased significantly, and gasoline prices are down to $1.98 a gallon in some states.
  • 🚧 The former president also claimed success in border security, stating it was the best in history with a near-zero illegal entry rate.

Past Relationship and NASA Appointment

  • 🀝 Trump recalled a previously good relationship with Musk, mentioning Musk's past endorsements and positive statements.
  • πŸ§‘β€πŸš€ He also revealed that Musk recommended a specific person, a Democrat, to run NASA, but Trump declined the appointment, stating, "we won... we don't have to appoint a Democrat."
  • πŸ€” Trump acknowledged that his decision not to appoint Musk's preferred candidate likely contributed to Musk's current dissatisfaction.
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Transcript32 segments

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What’s Discussed

Elon MuskDonald TrumpEV MandateTax CutsInflationGasoline PricesBorder SecurityNASA AppointmentCBO ScoringTariff Revenue
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ConceptsΒ· 12
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