Musk called the legislation a “disgusting abomination” and “pork-filled,” voicing frustration with its impact on the federal deficit. While Trump hinted that Musk’s anger stemmed from cuts to green energy tax credits, Musk has denied it.

But once again, Musk has bigger issues at Tesla that came to a head July 2. Tesla had a rough start to the year as Musk's political outspokenness has turned off many potential buyers. After record sales in Q4 2024, the company has now reported two straight quarters of falling sales.