Musk again attacks the spending bill for Trump, saying supporters will "pay the price" in the primary.

Although the public dispute between Tesla, Inc. (TSLA.US) CEO Musk and President Trump has temporarily come to an end, he still has no intention of giving up on blocking the massive tax and fiscal spending bill that Trump is pushing for. On Monday, Musk once again harshly criticized the bill, calling it a "debt enslavement bill," and specifically criticized Republican lawmakers who support the bill. The billionaire tech mogul had invested around $290 million in supporting Trump and other Republicans during the 2024 presidential election cycle. However, now he is not only openly opposing the bill, but even calling for the creation of a "new party" to counter the current fiscal policy direction. Musk warned that any "fiscal conservative" who supports the bill will face strong backlash from him in the next round of primaries. "Every congressperson who has campaigned on cutting government spending, but voted for the largest increase in debt in history, should be ashamed of themselves!" he wrote on social media. He even vowed, "If this is the last thing I do on this earth, I will make sure that these people fail in next year's primaries." At the time of these statements, the Senate is in the process of voting on multiple amendments to the bill. The bill is being pushed through a complex budget reconciliation process, which allows Republicans to pass the bill without Democratic support. If the revised version passes the Senate, the bill will return to the House for a final vote, and then be sent to Trump for signing into law. Musk's threat to "oust" Republican lawmakers may have a greater practical impact in the House than in the Senate. House members face primaries and elections every two years, while Senators serve six-year terms with staggered elections. Furthermore, House elections are conducted in smaller districts, and compared to statewide senatorial elections, Musk's significant funding for challengers to these representatives could have a more significant impact. In response to this news, Tesla, Inc. fell against the market on Monday, closing down 1.84% at $317.66.