Elon Musk Warns of Punishment for Lawmakers Who Support Trump’s Proposed Bill

Elon Musk Warns of Punishment for Lawmakers Who Support Trump’s Proposed Bill
Washington | July 1, 2025 —
Billionaire entrepreneur Elon Musk on Monday issued a sharp warning, calling U.S. President Donald Trump’s massive budget and tax-cut proposal “destructive” and vowing that lawmakers who support the bill will lose in their primaries—something he promised to personally ensure.

During Saturday's Senate debate, Musk posted on X (formerly Twitter), saying: “This bill is complete madness and destructive.” On Monday, he escalated his remarks further, stating, “Those who were elected on promises of cutting spending but support this bill should hang their heads in shame.”

The Tesla and SpaceX chief added, “Even if this is the last thing I do in my life, I will make sure they lose in next year’s primaries!”

Musk also reiterated the need for a new political party. “We are now living in a one-party state—the ‘Porky Pig Party,’” he said. “It’s time for a party that will truly work for the people.”

Fracture in the Trump-Musk Relationship
Musk’s tough stance signals a dramatic turn in his relationship with Trump. During the 2024 election, Musk spent nearly $300 million supporting Trump’s re-election campaign and led a cost-cutting initiative called the “Department of Government Efficiency (DOGE).” He now says Trump’s bill undermines all those efforts and will only increase the national debt.

Political and Financial Fallout
It remains unclear how much influence Musk holds in Congress, but some Republicans are concerned that this internal conflict could make it harder to maintain a majority in the 2026 midterm elections.

Meanwhile, the controversy also sent shockwaves through the stock market—Tesla lost nearly $150 billion in market value, though it later partially recovered.