Musk backs Sen. Paul's criticism of Trump's megabill in first comment since it passed

Tesla CEO Elon Musk, who bombarded President Donald Trump's signature spending measure for weeks, connected Friday made his archetypal comments since the authorities passed.

Musk backed a station connected X by Sen. Rand Paul, R-Ky., who said the bill's fund "explodes the deficit" and continues a signifier of "short-term politicking implicit semipermanent sustainability."

CNBC has reached retired to the White House for comment.

The House of Representatives narrowly passed the One Big Beautiful Bill Act connected Thursday, sending it to Trump to motion into law.

Paul and Musk person been vocal opponents of Trump's taxation and spending bill, and repeatedly called retired the imaginable for the spending bundle to summation the national debt.

On Monday, Musk called it the "DEBT SLAVERY bill."

The autarkic Congressional Budget Office has said the measure could adhd $3.4 trillion to the $36.2 trillion of U.S. indebtedness implicit the adjacent decade. The White House has labeled the bureau arsenic "partisan" and continuously refuted the CBO's estimates.

The measure includes trillions of dollars successful taxation cuts, accrued spending for migration enforcement and ample cuts to backing for Medicaid and different programs.

It besides cuts taxation credits and enactment for star and upwind vigor and electrical vehicles, a peculiarly sore spot for Musk, who has respective companies that payment from the programs.

"I took distant his EV Mandate that forced everyone to bargain Electric Cars that cipher other wanted (that helium knew for months I was going to do!), and helium conscionable went CRAZY!" Trump wrote successful a societal media station successful aboriginal June arsenic the brace traded insults and threats.

Shares of Tesla plummeted arsenic the feud intensified, with the institution losing $152 cardinal successful marketplace headdress connected June 5 and putting the institution beneath $1 trillion successful value. The banal has mostly rebounded since, but is inactive beneath wherever it was trading earlier the ruckus with Trump.

Tesla one-month banal chart.