President Trump launched a scathing attack against Musk, stating that the latter receives "the most government support of any person in history" and that "without those subsidies, he would have ended his projects and returned to South Africa." Trump called for a review through the "Department of Government Efficiency" of the subsidies provided to Musk's companies (such as Tesla, SpaceX, and Starlink), arguing that the country could save a "fortune" by eliminating them.

For his part, Musk responded on platform X in a brief but decisive manner, saying: "I literally say abolish it entirely. Now." These interactions came amid rising tensions following Musk's recent attack on Trump's massive tax and spending plan, which he described as a "disgusting disgrace" and called for the creation of a "new political party."

This dispute is likely to spark additional scrutiny of government support for Musk's companies, and it negatively impacted Tesla shares, which saw a decline of more than 6% in pre-market trading.

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In general:

Trump calls for a review and cessation of government subsidies provided to Musk as "huge amounts,"

Musk clearly responded with a public stance demanding the abolition of all those subsidies, heating up the scene amidst a verbal battle over state support.