{"id":172627,"date":"2025-06-04T16:16:08","date_gmt":"2025-06-04T16:16:08","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/06\/04\/elon-musks-introduction-to-politics-techcrunch\/"},"modified":"2025-06-04T16:16:08","modified_gmt":"2025-06-04T16:16:08","slug":"elon-musks-introduction-to-politics-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2025\/06\/04\/elon-musks-introduction-to-politics-techcrunch\/","title":{"rendered":"Elon Musk\u2019s introduction to politics | TechCrunch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Elon Musk spent the last several months knee-deep in government, sidelining his companies to pursue a long-standing Republican quest to weed out alleged waste and fraud.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Then, a few weeks ago, House Republicans passed a bill with provisions that would kneecap Tesla.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Now Musk is fuming that the bill is \u201ca disgusting abomination.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Plenty has been written about Musk\u2019s motivations for cozying up to President Donald Trump; for spending 130 days as a special government employee; for spending time away from Tesla, the main source of his wealth. Whatever his reasons, Musk did come away with some wins: He managed to secure some <a href=\"https:\/\/www.nbcnews.com\/tech\/elon-musk\/trump-musk-tesla-white-house-showroom-buys-car-rcna195905\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">free advertising<\/a> for Tesla, and Starlink is <a href=\"https:\/\/www.nbcnews.com\/tech\/elon-musk\/elon-musk-starlink-growing-footprint-federal-government-rcna195400\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">slowly embedding itself<\/a> into the federal government.<\/p>\n<p class=\"wp-block-paragraph\">But his time roaming the halls of power and standing alongside the president hasn\u2019t exempted Tesla from Republicans\u2019 desire to sink clean energy and electric vehicles.<\/p>\n<p class=\"wp-block-paragraph\">On Tuesday, Musk let loose. \u201cI\u2019m sorry, but I just can\u2019t stand it anymore,\u201d he <a href=\"https:\/\/x.com\/elonmusk\/status\/1929954109689606359\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">wrote<\/a> on X. \u201cThis massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.<\/p>\n<p class=\"wp-block-paragraph\">\u201cShame on those who voted for it: you know you did wrong. You know it.\u201d<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I\u2019m sorry, but I just can\u2019t stand it anymore.<\/p>\n<p>This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.<\/p>\n<p>Shame on those who voted for it: you know you did wrong. You know it.<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1929954109689606359?ref_src=twsrc%5Etfw\" target=\"_blank\">June 3, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p class=\"wp-block-paragraph\">The Congressional Budget Office has yet to score the bill and its impact on the deficit, but this week the Committee for a Responsible Federal Budget, a nonprofit organization, <a href=\"https:\/\/www.crfb.org\/blogs\/house-reconciliation-bill-barely-slows-spending-growth\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">estimated<\/a> that the legislation would add $3 trillion in debt.<\/p>\n<p class=\"wp-block-paragraph\">Musk might be publicly denouncing the reconciliation bill for its inability to rein in federal deficits \u2014\u00a0there\u2019s no reason to think he doesn\u2019t believe its a problem \u2014\u00a0but it\u2019s hard to imagine he doesn\u2019t feel personally slighted by the legislation.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">An <a href=\"https:\/\/www.axios.com\/2025\/06\/03\/elon-musk-trump-white-house-relationship\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Axios report<\/a> backs up that take on the situation, saying that Musk was \u201cfrustrated at failing to win favorable treatment in the bill and the administration at large.\u201d<\/p>\n<p class=\"wp-block-paragraph\">\u201cElon was butthurt,\u201d a source with knowledge of Musk\u2019s feelings told Axios.<\/p>\n<p class=\"wp-block-paragraph\">It\u2019s not just Musk\u2019s feelings that could be bruised: His fortune could be dented if provisions hostile to Tesla survive the Senate.<\/p>\n<p class=\"wp-block-paragraph\">Tesla\u2019s biggest hit would come from <a href=\"https:\/\/techcrunch.com\/2025\/05\/13\/house-gop-wants-to-cut-parts-of-the-inflation-reduction-act-while-sparing-others\/\" target=\"_blank\" rel=\"noopener\">revisions<\/a> to the EV tax credit. Today, consumers who buy an eligible EV can claim up to $7,500, a provision that runs through 2032. Republicans want to end it in 2026 and reinstate the per-manufacturer cap of 200,000 vehicles. The cap almost feels targeted at Tesla, since the automaker was among the first to exceed that figure.<\/p>\n<p class=\"wp-block-paragraph\">But Republicans didn\u2019t stop there. They also took a hammer to clean energy, severely constraining the ability of rooftop solar installations to qualify for 30% tax credits. If passed, the changes would undercut Tesla\u2019s energy division, which recently has grown 67% year-over-year. The business line has already been threatened by Trump\u2019s tariffs, which \u201cwill have a relatively larger impact on our energy generation and storage business compared to our automotive business,\u201d Tesla said in its <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1318605\/000162828025018911\/tsla-20250331.htm\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">quarterly report<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">In a parting shot, the White House announced Saturday, the day after Musk\u2019s departure, that it was pulling Jared Isaacman\u2019s nomination to be NASA administrator, something Musk had championed.<\/p>\n<p class=\"wp-block-paragraph\">Welcome to politics, Elon.<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2025\/06\/04\/elon-musks-introduction-to-politics\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk spent the last several months knee-deep in government, sidelining his companies to pursue a long-standing Republican quest to weed out alleged waste and fraud.\u00a0 Then, a few weeks ago, House Republicans passed a bill with provisions that would kneecap Tesla.\u00a0 Now Musk is fuming that the bill is \u201ca disgusting abomination.\u201d Plenty has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":172628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-172627","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/172627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=172627"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/172627\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/172628"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=172627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=172627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=172627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}