Former Trump lawyer Michael Cohen has issued a sharp warning about what he believes could be Donald Trump's next political target — billionaire entrepreneur Elon Musk.
🗣️ Cohen's Claim: Trump May Go After Musk’s Wealth
Speaking on MSNBC, Michael Cohen predicted that Trump’s envy over Musk’s status as the world’s richest man may lead to federal scrutiny or funding rollbacks for Musk’s companies. Cohen said:
“Trump will ultimately go after Elon’s money next, because it bothers him that he is the richest man in the world.”
He also claimed that Trump had once “used” Musk for political gain but is now positioning to undermine him.
🏛️ DOGE and Federal Subsidy Threats
Cohen pointed to Trump’s creation of the Department of Government Efficiency (DOGE) — a real agency Musk was once connected with — as a possible instrument to audit and challenge:
$7,500 EV tax credits given to Tesla buyers
$22 billion in federal contracts awarded to Tesla and SpaceX
Trump allegedly joked DOGE might have to “eat Elon” to balance the budget — an apparent dig that underscores escalating rhetoric.
🔎 What the Trump Team Could Actually Do
According to Reuters and political analysts:
Trump could push for IRS or DOE audits into Musk’s tax subsidies and R&D claims.
He may also attempt to cancel or delay existing federal contracts—though that would require legal cause, such as misrepresentation or fraud.
Aggressive executive orders or a newly appointed DOGE head could create administrative friction for Musk’s ventures.
⚠️ Legal Action vs Political Theater
ActionImpactIRS or DOE investigationsPotential freezing or clawback of EV subsidiesTermination of SpaceX/NASA contractsDisruption to U.S. space projectsPopulist rhetoricMay erode investor confidence and public trustExecutive orders targeting green energy spendingBroader impact on the EV sector
👁️🗨️ What to Watch For
Changes in DOGE leadership or charter
Mentions of Musk in Trump speeches or campaign ads
Shifts in federal contract renewals with Tesla/SpaceX
Any regulatory filings by the DOE or IRS against Musk’s entities
✅ Bottom Line
Michael Cohen’s warning paints a picture of personal rivalry becoming political policy. If Trump regains power, his administration may pivot from alliance to attack — potentially leveraging DOGE and other agencies to claw back billions in federal support from Musk’s empire.
Investors and political analysts alike should closely monitor developments related to federal subsidies, contract renewals, and administrative shakeups targeting Tesla and SpaceX.
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