Elon Musk has taken a hard line against Trump again! After apologizing to Trump, Musk once again criticized Trump's policies! On July 1st, according to foreign media reports, Musk stated that the bill's reckless spending, which increases the national debt ceiling by an unprecedented $5 trillion, indicates that we are living in a one-party state and it is time to establish a new party that truly cares about the people.
Evidently, after Trump's "big and beautiful" bill passed narrowly in the House of Representatives, Musk once again criticized Trump's policies. Of course, from the timing perspective, Musk's opposition might be just right. Because this bill not only faced resistance from Democrats, but also had divisions within the Republican Party. If there are Republican legislators who oppose it in the upcoming Senate vote, Trump's bill will not pass and take effect.
Of course, from Musk's point of view, he has sufficient reasons to oppose this bill. In order to cut government spending, Musk has invested a lot of effort in the Department of Government Efficiency, which has made him many enemies. However, Trump's promoted bill significantly increases spending, which would immediately nullify Musk's efforts. Seeing his ideals fall apart, Musk is naturally unwilling to accept it. Moreover, although the bill increased expenditures, it also reduced the tax credit policy for electric vehicles, which harms Musk's company's interests.
At present, Musk has spoken out against Trump again and claimed to want to form a new party, but this is likely to anger Trump and offend both major parties in the United States, which is unwise. Trump holds great executive power, and using administrative means to suppress Musk's business is a piece of cake for him. Forming a new party would disrupt the interest pattern of the two major parties taking turns in power. Musk's best choice may be to stay away from the political entanglements rather than rushing to the forefront.
Original article: https://www.toutiao.com/article/1836402215795722/
Statement: This article represents the personal views of the author.