#TrumpVsMusk 💥Donald Trump once again criticized Elon Musk: “Without subsidies, he would have to close and return to South Africa”

The new onslaught from the President of the United States against the magnate focuses on a budget proposal that the president wants to approve before Friday. Tesla's shares fell by about 7%. The President of the United States, Donald Trump, once again criticized the South African magnate Elon Musk on Tuesday: “He can receive, by far, more subsidies than anyone else in history, and without subsidies, he would probably have to close and return to South Africa,” he expressed. Following those remarks, Tesla's shares fell nearly 7%.

The new attack from the president against his former ally, an important donor in the Republican campaign and until recently a government advisor, was made through a message on his Truth Social network and focused on a budget proposal that the U.S. head of state wants to approve before Friday; a proposal that, according to Musk, would increase the U.S. debt. In his message, Trump warned Musk that if the subsidies end, so would “rocket launches, satellites, and electric car production, and our country would save a fortune.”

“Elon Musk knew, long before he supported me so vehemently as president, that I was firmly opposed to the electric vehicle mandate. It’s ridiculous, and it was always an important part of my campaign. Electric cars are fine, but not everyone should be forced to have one,” Trump said.