San Francisco: After he was done thanking Trump for his greetings over the new Tesla plant in the US, Musk tweeted: "Another government stimulus package is not in the best interests of the people imo (in my opinion)".
"As a reminder, I'm in favour of universal basic income," he added.
President Trump has reiterated that he is willing to send more direct payments to the citizens in the election year. However, the White House has emphasised payroll tax cuts in order to get more money into the hands of the Americans.
Musk said: "The goal of the government should be to maximize the happiness of the people. Giving each person money allows them to decide what meets their needs, rather than the blunt tool of legislation, which creates self-serving special interests."
"These are jammed to gills with special interests earmarks. If we do a stimulus at all, it should just be direct payments to consumers," he continued.
The first stimulus cheque under the Cares Act was up to $1,200 for each individual, $2,400 for married/joint filers and up to $500 for dependents.
There have been discussions on making the second stimulus check less than $1,200, reports CNBC.
Before Musk tweeted his political views, Trump congratulated him on the new Tesla plant.