{"content":"#TrumpVsMusk 🔥 Latest on the Trump vs. Musk Feud ⚡ What’s happening now? . .Elon Musk has reignited his conflict with Donald Trump by condemning the recent “One Big Beautiful Bill” – calling it a “disgusting abomination” due to its explosive impact on the federal deficit and elimination of EV incentives vital to Tesla . In reaction, Trump threatened to withdraw federal contracts and subsidies from Tesla and SpaceX and even floated the idea of “putting DOGE on Elon” or reviewing Musk’s citizenship. 🎯 Musk’s America Party ambitions . .On July 4, Musk announced plans for a new "America Party," aiming to strategically win 2–3 Senate seats and 8–10 House districts to shape legislative outcomes . He’s also suggested launching primary challenges against lawmakers who supported Trump’s bill . 🏛 Political and corporate stakes .Ballot‑access challenges: Experts note the immense logistics and financial hurdles in creating a nationwide third party across 50 states . .Tesla's business risk: Tesla stock dropped ~5% after subsidy threats; analysts warn the loss of EV tax credits could cost the company over $1 billion in earnings . .Deepening partisan split: The clash highlights growing rifts within MAGA ranks—Musk is even battling with Steve Bannon over the new party idea . 📌 The Bottom Line What began as an alliance—Musk’s major support for Trump’s 2024 campaign and his leadership of the DOGE initiative—has quickly turned into a political showdown. With Musk leveraging his billions to shake up U.S. politics and Trump threatening his business empire, their feud could reshape future elections and corporate-government ties.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/05/d1a153b78196a4db9471e4cf163ba4bf.jpg"],"tags":[],"tradingPairs":["DOGE/USDT"],"quotearticleid":0}