Elon Musk has denounced Trump's tax bill, saying it will destroy jobs and negatively affect the future of American industry.

Billionaire Elon Musk has vehemently criticized the latest version of Donald Trump's proposed tax bill, calling it "completely insane and destructive". Musk argues that the bill will destroy millions of jobs and seriously harm the US economy by subsidizing obsolete industries at the expense of emerging ones. His criticism underscores a public rift between him and Trump amid a heated debate in the Senate, where Republicans are struggling to pass the bill. Musk has reiterated that the legislation would undermine investment in renewable energy, sparking concerns among other Republican senators.