Elon Musk would probably have to shut shop without EV subsidies, Trump says
- Posted on July 1, 2025
- By Business News Today
- 1 Views

Elon Musk would probably have to shut shop without EV subsidies, Trump says

Donald Trump asserted that Elon Musk's companies rely heavily on government subsidies for survival. Trump claimed Musk would face business failure and potential relocation to South Africa without this support. Trump highlighted his opposition to the electric vehicle mandate, emphasizing it as a core element of his presidential campaign.