Politics

Trump Wants Elon Musk to Thrive After Subsidy Threat

Trump wants Elon Musk to thrive — that’s what the former U.S. President said just days after warning he might revoke federal subsidies if the billionaire doesn’t support him politically.

The remark comes in the heat of the 2024 presidential campaign, where tech leaders like Elon Musk are increasingly playing a role in shaping public opinion, politics, and policy. Trump’s comments raise new questions about the relationship between politics and private industry, particularly when it comes to billion-dollar subsidies and influence.

Let’s take a closer look at what’s behind Trump’s statements, how Elon Musk has responded, and what this could mean for the future of the electric vehicle (EV) and space industries — and even free speech.


Trump’s Message to Musk: A Mix of Praise and Pressure

In a recent interview, former President Donald Trump praised Elon Musk, calling him a “smart guy” and saying, “I want him to thrive.” However, this comment came just after Trump threatened to pull federal subsidies for companies like Tesla if Musk didn’t support his presidential campaign.

“He’s getting a lot of government money,” Trump said. “If he’s not with us, maybe we take that away.”

It’s not the first time Trump has mixed compliments with thinly veiled threats. During his presidency, he praised business leaders while also pressuring them behind the scenes. Now, with the 2024 race heating up, Trump seems to be using a similar strategy again — especially toward high-profile entrepreneurs like Musk, who hold massive influence.


What Are the Subsidies Trump Is Talking About?

Trump’s comments likely refer to federal tax credits and government contracts that benefit Musk’s companies, mainly:

  • Tesla – Receives federal tax credits for electric vehicles (EVs) under the Inflation Reduction Act (IRA) and other clean energy policies.
  • SpaceX – Has billions of dollars in contracts with NASA and the U.S. Department of Defense.
  • Starlink – Received federal funds for rural broadband development.

These subsidies and contracts are not personal gifts to Musk, but part of larger government programs aimed at supporting innovation, national defense, and the shift to clean energy.

Still, Trump’s remarks signal he might politicize these arrangements if Musk doesn’t fall in line.


Elon Musk’s Response: Staying Neutral (For Now)

As of now, Elon Musk hasn’t officially endorsed any candidate for the 2024 election. In the past, Musk has expressed frustration with both political parties, although he has leaned more conservative in recent years, particularly on cultural and free speech issues.

Musk responded to Trump’s remarks with a characteristically measured tone. While he didn’t engage directly with the threat, he posted on X (formerly Twitter):

“The government should not be in the business of picking winners and losers.”

This response reflects Musk’s growing push for government neutrality and free-market competition, even as his companies continue to benefit from public contracts.


Trump and Musk: A Complicated History

The relationship between Trump and Musk has always been complex:

  • 2017: Musk served on Trump’s business advisory council but left in protest after Trump withdrew from the Paris Climate Agreement.
  • 2020: Trump praised Musk as “one of our great geniuses” and supported Tesla reopening during COVID lockdowns.
  • 2022–2023: Musk acquired Twitter, leaned more conservative, and reinstated Trump’s account — though Trump has rarely used it.

While both men see themselves as anti-establishment disruptors, they differ on several issues, especially climate change and foreign policy. Their alliance, if it ever becomes formal, would be driven more by strategy than shared values.


The 2024 Election: Why Trump Wants Musk on His Side

Musk is one of the most influential voices in the digital world today. Through X, Tesla, and his ventures in AI and space, he reaches millions — not just consumers, but voters.

Trump likely sees Musk as a potential megaphone or even kingmaker. Having Musk’s public or even silent support during the 2024 election could mean:

  • Access to digital influence on X.
  • Credibility with tech-savvy and independent voters.
  • Reduced resistance from the EV and space industry.

By saying “I want him to thrive,” Trump may be signaling an open door for partnership — as long as Musk doesn’t back someone else.


Could Trump Actually Cut Off Elon Musk’s Subsidies?

Let’s be clear: Trump can’t unilaterally revoke subsidies just because of political differences. Most of these funds are part of laws passed by Congress or contracts awarded through competitive processes.

However, if Trump were re-elected, he could:

  • Push for legislative changes to roll back EV incentives.
  • Redirect federal contracts or slow down approvals for SpaceX.
  • Use regulatory pressure through agencies like the Department of Energy, FCC, or Pentagon.

This type of political leverage is not new, but it would raise serious questions about the independence of public policy from partisan politics.


Business Leaders and Political Pressure: A Troubling Trend?

Trump’s message to Musk could be part of a wider trend of political leaders pressuring private business figures to fall in line. In the last few years, we’ve seen:

  • Florida Governor Ron DeSantis retaliate against Disney.
  • Tech CEOs grilled in Congress over content moderation.
  • Threats to defund companies based on ESG (Environmental, Social, and Governance) stances.

This raises the question: Should public contracts and tax incentives be used as political weapons? And how much influence should billionaires like Musk have in return?


Musk’s Influence Is Growing — With or Without Trump

Whether or not Musk endorses Trump, his impact on society is undeniable:

  • Tesla dominates the EV market and is pushing the global clean energy transition.
  • SpaceX is launching satellites, carrying astronauts, and preparing for missions to Mars.
  • Starlink is changing how people access the internet in remote areas.
  • X (Twitter) has become a major platform for political and cultural discourse.

With this much power, it’s no surprise that political candidates want Musk on their side — or at least not working against them.


Will Musk Play Kingmaker in 2024?

So far, Elon Musk has stayed vague about his political intentions for 2024. He has said he prefers candidates who are “centrist” and support innovation, free speech, and economic growth.

There’s speculation that he might:

  • Stay neutral to avoid alienating customers or regulators.
  • Quietly support Trump or another Republican.
  • Back a third-party or independent candidate.
  • Use X to shape the debate without endorsing anyone.

One thing is certain: whatever Musk does, it will make headlines.


Final Thoughts: A Strategic Game of Power and Influence

At its core, this situation isn’t just about subsidies or political threats — it’s about power, influence, and control over the future of tech, energy, and information.

Trump wants Elon Musk to thrive — as long as Musk’s success doesn’t come at his political expense. Musk, meanwhile, wants his companies to keep growing without being used as political pawns.

Both are playing a high-stakes game. And the outcome could shape not just the 2024 election, but the direction of American innovation for years to come.

Read Next – Trump Visits Federal Reserve, Ramps Up Pressure on Powell

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