Tesla CEO Elon Musk has criticized the Trump administration's tax cut bill, warning it could lead to 'debt slavery.' The bill, which proposes $3.75 trillion in tax cuts, is expected to increase the national debt by $2.4 trillion and result in 7.8 million people losing health insurance eligibility. Musk also suggested Bitcoin should become the US reserve currency, echoing sentiments shared by Coinbase CEO Brian Armstrong.