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Biden Appears to Take a Jab at Musk After Raising Concerns About the Economy – He Responds

by Bradley Cortright
June 3, 2022 at 2:31 pm
in News
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Biden Appears to Take a Jab at Musk After Raising Concerns About the Economy – He Responds
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President Joe Biden appeared to take a shot at SpaceX and Tesla CEO Elon Musk after he voiced some serious concerns about the state of the U.S. economy.

During an event on Friday, a reporter noted that Musk said he has a “super bad feeling” about the economy.

She asked Biden, “What do you say to Elon Musk about his feeling about the economy?”

“Well, let me tell you. While Elon Musk is talking about that, Ford is increasing their investment overwhelmingly,” Biden responded.

He went on:

“I think Ford is increasing the investment in building new electric vehicles: 6,000 new employees — union employees, I might add — in the Midwest. The former Chrysler Corporation, Stellantis, they’re also making similar investments in electric vehicles. Intel is adding 20,000 new jobs for making computer chips.”

“So, you know, lots of luck on his trip to the Moon. I mean, I don’t…I mean, you know,” Biden added.

Watch the video below:

#BREAKING: President Biden responds to Elon Musk's "super bad feeling about" the US economy and wants to cut 10% of workforce: "Lots of luck on his trip to the moon." pic.twitter.com/QEYnPI6hlf

— Forbes (@Forbes) June 3, 2022

Musk responded in a tweet, “Thanks Mr President!”

He linked to an article from NASA titled, “NASA Picks SpaceX to Land Next Americans on Moon.”

Thanks Mr President!https://t.co/dCcTQLsJTp

— Elon Musk (@elonmusk) June 3, 2022

In an email to Tesla executives, obtained by Reuters, Musk said he has a “super bad feeling” about the economy.

The email was titled, “Pause all hiring worldwide.”

The businessman also shared that he wants to reduce the number of salaried employees by 10% because it is “overstaffed in many areas.”

However, Musk clarified that “hourly headcount will increase.”

“Note, this does not apply to anyone actually building cars, battery packs or installing solar,” he added.

Tags: Elon MuskJoe Bidenpolitics
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Bradley Cortright

Bradley Cortright

IJR, Senior Writer He's written for Independent Journal Review since 2019.

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