Latest news: Early this morning (July 1st), Eastern Time, U.S. President Trump posted on his social media platform "Truth Social" in response to American entrepreneur Elon Musk's criticism of his promoted "Big and Beautiful" tax cut and spending bill.

In the post, Trump stated, "Elon Musk knew long before he strongly supported my presidential campaign that I strongly opposed the 'electric vehicle mandate.' This is ridiculous, and it has always been a major part of my campaign. Electric vehicles are fine, but no one should be forced to own one. The subsidies Elon receives may far exceed anyone in history. Without subsidies, Elon might have to close up shop and go back to South Africa. No more rocket launches, satellites, or electric vehicle production, and our country would save a lot of money. Maybe we should have the Government Efficiency Department take a good look at this? That could save a lot of money!"

At the beginning of last month, Trump's relationship with Musk, who previously led his Government Efficiency Department, publicly broke down, with both sides exchanging barbs through public statements and social media posts. Trump had threatened to cancel government contracts for Musk's companies at that time. However, signs of a thaw in their relationship emerged later. Recently, as the "Big and Beautiful" bill faced hurdles in the U.S. Senate, Musk again posted a series of criticisms against the bill.

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