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Trumps suggests DOGE look at Musk subsidies to save money"Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa," Trump said on Truth Social.
Reuters
Last Updated IST
<div class="paragraphs"><p>US  President Donald Trump and Elon Musk.</p></div>

US President Donald Trump and Elon Musk.

Credit: Reuters File Photo

US President Donald Trump on Tuesday suggested his efficiency department should take a look at cutting the subsidies that Tesla CEO Elon Musk's companies have received to save the federal government money.

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"Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa," Trump said on Truth Social.

"No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!"

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(Published 01 July 2025, 11:26 IST)