Elon Musk slammed Trump's 'big beautiful bill.' The stakes are high for Tesla if it becomes law.

Elon Musk referred to Trump's "Big Beautiful Bill" as a "disgusting abomination."

Allison ROBBERT / AFP

• Elon Musk's companies may be affected both positively and negatively by Trump's "Big Beautiful Bill."
• A JPMorgan analyst wrote in a note that the bill threatens Tesla's profits.
• The bill would increase federal AI spending, which could benefit Musk's AI company, xAI.

Tesla could take a hit if President Donald Trump's "Big Beautiful Bill" becomes law.

Elon Musk's AI company...