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Fortune

Dave Smith

Elon Musk says 'without me, Trump would have lost the election' after the president says he's 'very disappointed' in the world’s richest man

Elon Musk Donald Trump Mike Johnson Tesla Inc. White House

Trump and Musk lean into each other to talk (Credit: Jim Watson / AFP—Getty Images)

President Trump and Elon Musk, two of the world’s most powerful men, are having a public falling-out after Musk came out against Trump’s “big, beautiful” spending bill. Musk believes the bill would hurt Tesla, as it would cut subsidies for electric vehicles, and undo much of the cost-cutting work he did at DOGE.

Just one day after House Speaker Mike Johnson said he had spoken to President Trump about Elon Musk’s X posts raging against his “big, beautiful bill,” Musk has doubled down and shifted his focus to the president himself.

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