News and Commentary

Clinton-Era Economist Accuses Musk Of Shorting Tesla Workers, Cites Stock Performance; Musk Responds

Eric Quintanar
Clinton-Era Economist Accuses Musk Of Shorting Tesla Workers, Cites Stock Performance; Musk Responds
Yasin Ozturk/Anadolu Agency via Getty Images

Tesla CEO Elon Musk exchanged jabs with economist Robert Reich, the former secretary of labor under President Bill Clinton, after the left-leaning professor accused him of shorting his workers as a modern-day robber baron.

“Tesla forced all workers to take a 10 percent pay cut from mid-April until July. In the same period, Tesla stock skyrocketed and CEO Elon Musk’s net worth quadrupled from $25 billion to over $100 billion. Musk is a modern-day robber baron,” tweeted Reich.

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