Name: Trump on Musk’s Criticism of the Spending Bill: ‘I’m Very Disappointed’
Uploaded: 2025-06-05T17:25:00Z
Duration: 2 min 7 s
Description: President Trump responded to Elon Musk’s criticism of his tax-and-spending bill, saying cutting the EV mandate in the legislation 'disturbed' Musk.

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Under CEO Cristiano Amon, semiconductor company Qualcomm is bringing its technology to multiple industries. This conversation was recorded on May 28, 2025.

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Chinese tech company DiDi Global, which runs a ride-sharing app, has announced it plans to delist from the New York Stock Exchange. Investors are watching and waiting to see what other Chinese giants with U.S. listings, like Alibaba and JD.com, will do. Here's what delisting entails.

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Is Electric Vehicle Demand Cooling Off? 

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President Trump responded to Elon Musk’s criticism of his tax-and-spending bill, saying cutting the EV mandate in the legislation 'disturbed' Musk. Photo: Evan Vucci/AP; Francis Chung/Press Pool

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President Trump responded to Elon Musk’s criticism of his tax-and-spending bill, saying cutting the EV mandate in the legislation 'disturbed' Musk.

Trump on Musk’s Criticism of the Spending Bill: ‘I’m Very Disappointed’

Reporter 1: The criticism that I've seen and I'm sure you've seen regarding Elon Musk and your Big Beautiful Bill, what's your reaction to that? Do you think it in any way hurts passage in the Senate, which of course, what is your seeking.

Well, look, I've always liked Elon and so I was very surprised, you saw the words he had for me. The words for, and he hasn't said anything about me that's bad. I'd rather have him criticize me than the bill because the bill is incredible. Look, Elon and I had a great relationship. I don't know if we will anymore. I was surprised because you were here, everybody in this room practically was here as we had a wonderful sendoff. He said wonderful things about me. You couldn't have nicer, said the best thing. He's worn the hat, Trump Was Right About Everything, and I am right about the great Big Beautiful Bill. But I'm very disappointed because Elon knew the inner workings of this bill better than almost anybody sitting here, better than you people. He knew everything about it, he had no problem with it. All of a sudden he had a problem and he only developed the problem when he found out that we're gonna have to cut the EV Mandate because that's billions and billions of dollars and it really is unfair. We wanna have cars of all types, electric. We wanna have electric, but we want to have gasoline combustion. We wanna have different, we wanna have hybrids, we wanna have all, we wanna be able to sell everything. He hasn't said bad about me personally, but I'm sure that'll be next. But I'm very disappointed in Elon. I've helped Elon a lot.

Reporter 2: Mr. President, did he, I just wanna clarify, did he raise any of these concerns with you privately before he raised them publicly? And this is the guy you put in charge of cutting spending. Should people not take him seriously about spending now? Are you saying this is all sour grapes?

No, he worked hard and he did a good job. And I'll be honest, I think he misses the place. I think he got out there and all of a sudden he wasn't in this beautiful Oval Office and he wasn't, and he's got nice offices too. But there's something about this, when I was telling the chancellor, this is where it is. People come in here, even from Germany, they come in.

Chancellor: Even from Germany.

And they walk into the Oval Office and it's just a special place.

Trump on Musk’s Criticism of the Spending Bill: ‘I’m Very Disappointed’

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