In recent days, Tesla CEO and U.S. billionaire Elon Musk criticized President Donald Trump's new budget bill, which included new spending measures and a US$4 trillion increase to the U.S. debt limit. Musk was brought into the White House on a 130-day mandate to reduce government spending. During that period, he cut close to 300,000 government and contractor jobs. Musk thanked Trump for the opportunity in a social media post on X on Wednesday.