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President Donald Trump warned on Saturday that there would be "serious consequences" for Elon Musk if he were to fund Democratic candidates. The president made the remark during a phone interview with NBC News.

"If he does, he’ll have to pay the consequences for that," Trump told NBC News. However, according to the outlet, Trump did not detail what the consequences would be.

<i>This is a developing story. Please check back for updates.</i>

<div class="author-bio"><p>Rachel Wolf is a breaking news writer for Fox News Digital and FOX Business.</p></div>

President Donald Trump told NBC News on Saturday that Elon Musk would face "serious consequences" if he were to fund Democratic candidates to run against pro-Big Beautiful Bill Republicans.{ai:summary}<p>President Donald Trump cautioned Elon Musk about potential "serious consequences" if he supports Democratic candidates financially. Trump did not specify what those consequences might entail during a phone interview with NBC News.</p><p>This statement highlights the ongoing tensions between Trump and Musk regarding political contributions. #politics</p>

Trump warns of 'serious consequences' if Elon Musk funds Democrats

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