PANews June 8 news, it was reported that on June 7 local time, U.S. President Trump stated that if TSL and SpaceX CEO Elon Musk fund Democratic candidates opposing the Republican budget plan, they will face "very serious consequences."
Trump said: "If he does this, he will pay the price for it." But he did not disclose specific measures. Trump added that he has no intention of repairing his relationship with Musk, "I think that relationship is over."
Recently, the two have publicly clashed on social media over a budget proposal led by the Republican Party, with Trump stating that Musk "shows extreme disrespect for the presidency." Previously, Musk criticized the large-scale tax and spending bill pushed by the U.S. government on social media platform X, attacking Trump and even sharing content related to past news about Jeffrey Epstein, which he later deleted.
Trump responded by saying that the allegations regarding Epstein are "old news" and denied any association with him.
In addition, Trump threatened that he has the power to cancel government contracts and subsidies for Musk's companies, although no action has been taken on this yet. He emphasized that the Republican Party is exceptionally united and optimistic about the smooth passage of the budget proposal.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Trump warns: Musk may face serious consequences if he funds the opposition party's budget proposal.
PANews June 8 news, it was reported that on June 7 local time, U.S. President Trump stated that if TSL and SpaceX CEO Elon Musk fund Democratic candidates opposing the Republican budget plan, they will face "very serious consequences."
Trump said: "If he does this, he will pay the price for it." But he did not disclose specific measures. Trump added that he has no intention of repairing his relationship with Musk, "I think that relationship is over."
Recently, the two have publicly clashed on social media over a budget proposal led by the Republican Party, with Trump stating that Musk "shows extreme disrespect for the presidency." Previously, Musk criticized the large-scale tax and spending bill pushed by the U.S. government on social media platform X, attacking Trump and even sharing content related to past news about Jeffrey Epstein, which he later deleted.
Trump responded by saying that the allegations regarding Epstein are "old news" and denied any association with him.
In addition, Trump threatened that he has the power to cancel government contracts and subsidies for Musk's companies, although no action has been taken on this yet. He emphasized that the Republican Party is exceptionally united and optimistic about the smooth passage of the budget proposal.