The president of essentially the most highly effective nation on the earth in opposition to essentially the most influential CEO on the earth.
Joe Biden versus Elon Musk.
For a number of months now, relations between the Democratic Party president and the tech tycoon have been at their worst. These tensions have escalated to the purpose that Musk in March truly fact-checked the State of the Union speech in actual time.
The bone of competition: Tesla’s chief govt blames the Biden administration for ignoring Tesla (TSLA) – Get Tesla Inc Report because it celebrates the auto business’s transformation to electrical autos.
Musk doesn’t perceive why Biden places ahead GM (GM) – Get General Motors Company Report, Ford (F) – Get Ford Motor Company Report and others on this transformation and forgets Tesla, which is by far the world’s main EV producer.
Musk Says He Voted for Biden
Musk can also’t stand that he was not invited to occasions bringing collectively auto-sector bosses. Nor does he settle for that Biden doesn’t have a good time the exploits of his SpaceX firm, which has reignited desires of conquering area.
Barack Obama, the final Democratic Party president earlier than Biden, did so at any time when the chance arose.
The dispute lately has escalated, with Musk going as far as to say Biden was nothing with out his teleprompter. He additionally vehemently criticized the administration’s proposals to attempt to battle inflation.
Finally, the world’s richest man has stated he would vote Republican within the midterm elections in November.
“I support free speech, but not any one candidate,” Musk lately wrote on Twitter. “In fact, I gave money to & voted for Hillary & then voted for Biden.”
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“However, given unprovoked attacks by leading Democrats against me & a very cold shoulder to Tesla & SpaceX, I intend to vote Republican in November.”
According to Musk, the snubs by the White House stem from Tesla being anti-union. Biden is a superb supporter of unions.
“Yeah, the public has no idea how much Tesla and SpaceX have been attacked/undermined, because we aren’t unionized (yet offer highest pay in industry!) and this administration would rather a company be dead than not unionized,” Musk repeated on May 30.
Biden, who waited till Feb. 8, 2022, greater than a yr after his inauguration, to publicly utter the identify Tesla, has simply had a possibility to reply to the billionaire’s latest criticisms.
‘Lots of Luck on His Trip to The Moon’
While journalists had been reaching out to him to criticize Musk, the president rigorously averted it.
He was requested what he thinks of Musk’s feedback that he has a “super bad feeling about” the U.S. financial system and desires to chop 10% of workforce.
“While Elon Musk is talking about that Ford is increasing its investments overwhelmingly,” Biden stated, referring to an announcement made on June 2 by the Dearborn, Mich., firm. He additionally applauded Stellantis (STLA) – Get Stellantis N.V. Report and Intel (INTC) – Get Intel Corporation Report.
But what’s fascinating is that the president not solely averted criticizing Musk, he took the chance to congratulate the manager and SpaceX. The space-tech firm in April was chosen by NASA to proceed growing the primary industrial lander that can carry the following two American astronauts to the moon.
“Lots of luck on his trip to the moon,” Biden stated on June 3, nearly two months after NASA made the announcement.
Musk appreciated the president’s soothing tone and the congratulations.
“Thanks Mr President!” the serial entrepreneur commented, with a hyperlink to the NASA press launch.
Source: www.thestreet.com