As tensions escalate between President Donald Trump and Elon Musk, the Tesla CEO warned that Trump’s "big, beautiful bill" will trigger an economic recession. It comes as the Congressional Budget Office reports that Trump's tariffs plan would reduce the deficit but shrink the economy.

Elon Musk has reignited his criticism of Donald Trump’s trade policies, warning that the president’s proposed tariffs could tip the U.S. into a recession. Responding to Dogecoin co-creator Billy Markus — known on X as @BillyM2k — who wrote,