Elon Musk unloads on Biden's big social and climate spending bill: 'I would just can this whole bill. Don't pass it'

• Billionaire CEO Elon Musk had a scathing assessment of the Democratic social and climate bill.

• He urged Democrats to "can" the legislation.

• He specifically targeted a provision that would authorize a tax credit if Americans bought an electric vehicle assembled by unionized workers with batteries constructed in the US.

Tesla CEO Elon Musk assailed a $2 trillion social and climate spending bill, saying he's in favor of scrapping the entire package.

"Honestly, I would just can this whole bill. Don't pass it," Musk said at the Wall Street Journal's CEO Council, which he appeared at virtually. "That's my recommendation."

He swung at a specific provision within the legislation that would authorize a tax credit up to $12,500 for Americans if they bought an electric vehicle assembled by unionized workers with batteries constructed in the US.

"I am literally saying get rid of all subsidies," he said.