Amid their growing public feud, President Trump said Thursday that Tesla mogul Elon Musk’s vocal opposition to Republicans’ “big, beautiful bill” is based on its elimination of incentives for electric vehicles (EVs).

“Elon knew the inner workings of this bill better than almost anybody sitting here ... He had no problem with it,” Trump told reporters in the Oval Office.

“All of a sudden he had a problem, and he only developed the problem when he found out that we're going to have to cut the EV mandate, because that's billions and billions of dollars,” he added.

Musk’s car company was a major beneficiary of the 2022 Inflation Reduction Act, which expanded and extended $7,500 tax credits for consumers who purchase EVs as they became more affordable and accessible for many Americans.

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