On June 4, 2025, in response to the U.S. House of Representatives passing the “One Big Beautiful Bill” (OBBB), Elon Musk criticized the legislation and the lawmakers who voted for it.
However, after Donald Trump stated that Musk’s criticism of the OBBB stemmed from the bill’s impact on his business interests — due to cuts in electric vehicle subsidies, rather than concerns over the national debt it would create — Musk’s critiques escalated and shifted into direct conflict with the President.
Elon Musk predicted that the tariff policy, which became the cornerstone of Trump’s foreign economic approach during his second term, would trigger a recession in the second half of 2025.
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