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Trump says he won't 'destroy' Musk's companies by taking away subsidies - TL;DR CNBC

Trump says he won't 'destroy' Musk's companies by taking away subsidies

Publishing timestamp: 2025-07-24 15:45:45


Summary

President Trump denies claims of wanting to destroy Elon Musk's companies by taking away government subsidies. Musk's companies have significant government contracts and subsidies, which could be impacted by Trump administration policies. Regulatory credit sales are a key source of revenue for Tesla.


Sentiment: MIXED

Tickers: TSLA

Keywords: internetpoliticsbreaking news: businessdonald j. trumptechnologybusiness newstransportationbreaking news: politicsdonald trumpbreaking news: technologytesla incsocial mediaelon musk

Source: https://www.cnbc.com/2025/07/24/trump-musk-subsidies.html


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