Musk Denies Receiving Trump's Claimed Subsidies | JQJO

Elon Musk refuted President Trump's claim that Musk's companies receive substantial government subsidies, stating they are nonexistent or expired. Musk cited the removal of EV tax credits impacting Tesla's US sales and SpaceX's success through merit-based contracts. Trump's earlier threats to cancel Musk's contracts, stemming from their deteriorating relationship, caused a market downturn in Tesla's stock. The White House, Tesla, and SpaceX have not commented on the dispute.