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Musk lashes out, again, at trump's big abominable bill [1]
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Date: 2025-06-28
After a few weeks of quiet, Musk lashed out today at trump’s big spending bill, which he called “abominable” just a few weeks ago, which led to his ouster from the White House. This time, his ire is aimed at the provisions in the bill that kill subsides and raise taxes on solar and wind projects, something that affects his own businesses.
It is no secret that the new regime and all its enablers in Congress want to kill green energy and make fossil fuels, including coal, great again.
Musk’s tweet was in response to a thread by Prof. Jesse D. Jenkins of Princeton Univ., which succinctly describes the provisions in the Senate bill -
This is unbelievably bad. I am astonished that the Senate language got WORSE overnight than even the House version. This One Big Horrible Bill will raise energy costs, kill $100s of billions of new investment in energy & manufacturing, make our grid less reliable, increase pollution, and constrain our ability to compete with China for the future or AI. Total loser stuff. The new Senate draft raises taxes on all wind and solar projects that haven't begun construction today unless they are placed service by end of 2027 and navigate complex, likely unworkable requirements to prove they don't use a drop of Chinese materials. After that, this bill ADDS A NEW tax on wind and solar projects that can't prove the same. Oh & it does so while killing the tax credits to support domestic manufacturing of wind components at the end of 2027 & adding the same unworkable requirements to the credits supporting US solar & critical minerals. It'll murder our nascent clean energy manufacturing sectors. Oh and it actually kills the EV tax credits sooner than the House bill: after September 30 this year, rather than the end of 2025 (or 12 months after passage as in the Finance committee draft). This will destroy the battery manufacturing boom taking hold across Republican districts, killing 100s of thousands of good jobs. Oh, and the cherry on top: this adds a new production tax for metallurgical coal! You read that right: through the end of 2029, met coal producers get a 2.5% PTC. This bill kills the industries of the future while subsidizing the industries of the 19th century. It's insanity!
Jenkins has a longer thread on BlueSky —
x The Senate version of GOP's budget bill dropped in the middle of the night. Astonishingly, it got EVEN WORSE. It raises energy costs, kills $100s of billions of investment in manufacturing, makes grids less reliable, increases pollution & constrains our ability to compete w/China on AI. Loser stuff. — Jesse D. Jenkins (@jessedjenkins.com) 2025-06-28T15:51:44.139Z
Jenkins’s tweet was in response to this tweet by the Senator from Hawaii Brian Schatz.
To be clear, Musk is not unhappy with the hundreds of provisions in the bill that raises cruelty towards to those less unfortunate than the billionaire class to a new level. He is freaking out mainly because it hurts his own businesses.
We all know, that there is little to like about the trump spending bill, which is aimed at slashing government services to all but the extraordinarily rich and to kill the services and industries of the future, killing science and education, so that a selected few can get richer drilling for fossil fuels, peddling quack medications and crypto currencies and building prison systems, while paying even lower taxes.
Let’s keep spreading the truth to our fellow citizens, including republicans, on how these policies will hurt everyone and will make America backward again.
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