Elon Musk, Tesla's chief executive, retweeted on Twitter that the Senate bill "raises tax rates on all wind and solar projects not yet under construction", replying: "The latest draft Senate bill will destroy millions of American jobs and cause tremendous strategic damage to our country! Crazy and destructive. It provides handouts to industries of the past, but seriously damages industries of the future."
Tesla CEO Elon Musk sharply escalated his attacks on Trump's top trade adviser, Peter Navarro, as he defended his car company and chafed at the administration's tariff plans. "Tesla has the most American-made cars. Navarro is dumber than a bag of bricks," Musk, Trump's top campaign donor, wrote on the social media platform X, which he owns. "Navarro is such an idiot. What he said here is clearly wrong," Musk wrote in another post. (CNBC)