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Trump Poised to Target Musk’s Wealth and Tesla Subsidies, Cohen Predicts

He argues that Musk’s $291 million in campaign spending for Trump has bred resentment that could trigger a subsidy crackdown.

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Overview

  • Michael Cohen delivered his warning on MSNBC, saying Trump’s envy of Musk’s wealth will drive the fallout.
  • Musk formally left his post at the Department of Government Efficiency last week after working to reduce federal spending.
  • OpenSecrets.org records show Musk spent about $291 million in the 2024 election cycle, mostly to support Trump’s campaign.
  • Cohen warned that Trump could use the Department of Government Efficiency to audit Tesla’s subsidies and seek repayment of public funds.
  • Cohen draws on his past as Trump’s fixer and personal lawyer—roles that ended in his conviction for campaign finance violations—to predict Trump’s treatment of allies.