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‘Elon has finally woken up’: Musk battles to save Tesla from Trump

‘Elon has finally woken up’: Musk battles to save Tesla from Trump

Their escalating feud threatens critical parts of the billionaire’s business empire – and leaves Republican legislators caught in a tussle between the US president and the world’s richest man.

Elon Musk’s involvement in US politics has not helped Tesla. AP

Elon Musk donated more than $US250 million to elect Donald Trump. In return, he received a bill that could cost Tesla billions.

Trump’s “big, beautiful bill” puts at risk a crucial source of profit for Tesla by neutering rules that allow the electric-vehicle maker to sell billions of dollars of emissions credits.

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Financial Times

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Original URL: https://www.afr.com/world/north-america/elon-has-finally-woken-up-musk-battles-to-save-tesla-from-trump-20250706-p5mcsw