Overview

• Michael Cohen told MSNBC that Trump will go after Elon Musk’s money now that Musk has stepped down from the Department of Government Efficiency role.
• Cohen said Trump’s jealousy over Musk’s status as the world’s richest person will drive an effort to claw back electric vehicle tax credits via DOGE.
• Elon Musk’s companies have received over $38 billion in government contracts, loans and subsidies, including a $7,000 credit per Tesla vehicle.
• Musk contributed roughly $288 million to Trump’s 2024 campaign and served as a special government employee before his late‐May resignation.
• Cohen cited Trump’s history of turning on loyal allies, including his own past fallout with Cohen, as the basis for his forecast.