News and Analysis

Elon Musk Unloads On Biden Over Remarks About American Manufacturing
FUERSTENWALDE, GERMANY - SEPTEMBER 03: Tesla head Elon Musk arrives to have a look at the construction site of the new Tesla Gigafactory near Berlin on September 03, 2020 near Gruenheide, Germany. Musk is currently in Germany where he met with vaccine maker CureVac on Tuesday, with which Tesla has a cooperation to build devices for producing RNA vaccines, as well as German Economy Minister Peter Altmaier yesterday.
Maja Hitij / Getty Images

Billionaire entrepreneur Elon Musk slammed Democrat President Joe Biden on Thursday over remarks that Biden made about using American automakers to produce more electric vehicles.

“I meant it when I said the future was going to be made right here in America,” Biden wrote in a tweet that featured a video of him talking with General Motors CEO Mary Barra. “Companies like GM and Ford are building more electric vehicles here at home than ever before.”

“Starts with a T,” Musk responded. “Ends with an A. ESL in the middle.”

Another account responded to Biden’s remarks by writing: “Honestly how does he say this with a straight face. Shame on you President Biden for trying to cancel a great American company and rewrite EV history. No one is buying this. What an embarrassment for the United States. @elonmusk #Tesla”

Musk responded, “Biden is treating the American public like fools.”

Musk has repeatedly mocked Biden online after Biden has spurned the CEO and his companies, despite their extraordinary accomplishments.

Musk responded to a Twitter user who asked why Biden had not acknowledged that SpaceX’s ‘Inspiration4’ mission, the world’s first all-civilian crew spaceflight, raised hundreds of millions of dollars for charity by tweeting: “He’s still sleeping.”

Musk has slammed Biden for being a “puppet” for the United Auto Workers union and for not inviting Tesla to an EV event at the White House.

Musk also has taken shots at Biden’s Build Back Better agenda.

Musk warned against passing the massive multi-trillion-dollar bill by pointing out how it would add to the “insane” federal deficit.

“Honestly, I would just can this whole bill,” Musk said at The Wall Street Journal’s CEO Council Summit earlier this month. “Don’t pass it, that’s my recommendation.”

The next day, Musk shared an analysis from the University of Pennsylvania’s Wharton School — Musk’s alma mater — that explained that the national debt would increase by over 24% if the bill’s provisions are made permanent.

The analysis stated:

We evaluate the Act under two scenarios. In the first scenario, PWBM presents the spending and revenue provisions ‘as written’ in the legislative text where certain provisions sunset within the 10-year budget window. Under this scenario, we project that the long-run trajectory of public debt would be 1.5 percent larger and that GDP would be 0.2 percent lower in 2050 relative to baseline projections.

Under the second scenario, we assume that temporary provisions of the proposal are extended permanently. We find that, against baseline projections, government debt would be more than 24 percent larger in 2050 and GDP would be about 3 percent lower in the same year.

“There is a lot of accounting trickery in this bill that isn’t being disclosed to the public,” Musk said about the Build Back Better Act. “Nothing is more permanent than a ‘temporary’ government program.”


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The Daily Wire   >  Read   >  Elon Musk Unloads On Biden Over Remarks About American Manufacturing