After Tesla and SpaceX CEO Elon Musk said he has a “super bad feeling” about the U.S. economy, President Joe Biden on Friday took a swipe at the billionaire. More specifically, his aspirations for returning the U.S. to the moon.
A trip using a SpaceX rocket that NASA is funding.
The friction between the figures is no secret as the president blatantly ignores the nation’s foremost businessman and visionary. Instead of acknowledging Tesla’s leadership in driving the auto industry forward, Biden chooses to kowtow to Detroit unions.
A day earlier, Musk told executives about his economic doubts and said Tesla needs to cut 10% of its workforce. On Tuesday, he directed employees to spend a minimum of 40 hours a week in the office or “we will assume you have resigned.”
His comments closely echo those of JPMorgan Chase CEO Jamie Dimon earlier this week, who told a gathering that a “hurricane is right out there down the road coming our way.”
The president had just spoken in Delaware about the Labor Department’s positive jobs report released Friday morning. Biden was then asked about Musk’s worry over the nation’s finances.
The president pulled a notecard from his jacket pocket. “While Elon Musk is talking about that,” Biden declared, “Ford is increasing their investment in new electric vehicles.” He then touted the company’s plans to hire 6,000 new union employees in the Midwest.
Biden also praised “the former Chrysler corporation, Stellantis,” for similar investments in EVs.
The president then waved his hands and dismissively said, “So, you know, lots of luck on his trip to the moon.” This was an obvious reference to Musk’s SpaceX company.
Minutes later, the entrepreneur tweeted “Thanks, Mr. President!” along with a NASA press release from April of last year. It announced that Musk’s SpaceX was chosen to take Americans back to the moon for the first time in five decades.
It’d be one thing if Tesla and SpaceX were North Korean companies, or Iranian, or anywhere hostile to U.S. interests. But they’re not. Both are homegrown success stories leading the advancement of science and technology. Of all people, the American president should appreciate that.