- Elon Musk has publicly severed ties with Donald Trump over a controversial Congressional spending bill, slamming it as fiscally irresponsible and warning it will balloon the U.S. national debt to unsustainable levels. Prominent financial leaders—including Jamie Dimon, Jerome Powell, Ray Dalio, and Warren Buffett—echo Musk’s concerns, warning that unchecked government borrowing could trigger a severe economic crisis.
The partnership between Elon Musk and Donald Trump appears to be over for good, with the Tesla CEO departing Washington D.C. before launching an attack on the White House’s central spending bill.
