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Elon Musk Slams ‘Utterly Insane’ Trump-Backed Megabill

ByHilary Ong

Jul 2, 2025

Elon Musk Slams ‘Utterly Insane’ Trump-Backed Megabill

Elon Musk harshly criticized the Senate’s sweeping domestic policy package on Saturday, labeling it “utterly insane” and “destructive.” His main grievance centers on provisions that would raise taxes on numerous solar, battery, geothermal, wind, and nuclear energy projects.

Tesla, Musk’s automaker, produces and sells battery energy storage systems and solar photovoltaic panels through its energy division—making the bill’s impact particularly significant to the company.

Musk’s Strong Opposition to the Bill

Weeks after first condemning the legislation, Musk took to X, the social platform he owns, writing, “The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!” He continued, “It gives handouts to industries of the past while severely damaging industries of the future,” just hours before the Senate was set to vote on the bill.

Notably, the package includes a new subsidy for coal used in steel production, a move Musk criticizes as counterproductive.

Political Fallout and Public Feud

Musk’s outspoken opposition to the bill, which President Trump strongly supports, sparked a public feud earlier this month. Once a key donor—having contributed over $250 million to Trump’s re-election campaign—and an appointee to lead the Department of Government Efficiency (DOGE), Musk’s relationship with the president has since soured.

After his initial criticism, Tesla’s shares dropped 14% in one day, coinciding with Trump threatening to reconsider government contracts awarded to Musk’s companies.

In the days following the dispute, Musk expressed regret over some of his earlier posts and tempered his political commentary, though he returned to criticizing the bill as the Senate vote approached.

Saturday, Musk’s 54th birthday, also saw protests from a group known as Tesla Takedown. Activists criticized Musk for his political associations, including his work with Trump and endorsements of controversial parties abroad.

Author’s Opinion

Elon Musk’s vocal rejection of this bill underscores the tension between established political interests and the rapidly evolving clean energy sector. While the bill aims to support legacy industries, it risks stifling innovation critical for future economic growth and environmental sustainability. Musk’s fight reflects a broader struggle: how policymakers must adapt to a future powered by renewable technologies rather than cling to outdated energy sources.


Featured image credit: Heute

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Hilary Ong

Hello, from one tech geek to another. Not your beloved TechCrunch writer, but a writer with an avid interest in the fast-paced tech scenes and all the latest tech mojo. I bring with me a unique take towards tech with a honed applied psychology perspective to make tech news digestible. In other words, I deliver tech news that is easy to read.

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