The United States’s president, Joe Bidenrenewed this Friday his enmity with Elon Musk, dismissing the billionaire’s warnings about the economy and wishing him luck with his company’s adventures in space. Musk said in an email to executives at Tesla that he has a “super bad feeling” about the economy and wants to cut 10% of the automaker’s workforce, according to a Reuters report.
When asked about it on Friday, Biden touted ads from companies that have pledged to expand operations and hire staff. “While Elon Musk is talking about it, Ford is overwhelmingly increasing its investment” in building electric vehicles with unionized employees, Biden said.
The president cited other investments, including that of Intel, to rebuff Musk’s warnings about the economy. “So, you know, good luck on your trip to the moon,” Biden said. Musk was quick to respond on Twitter, the social media platform he’s looking to buy. “Thank you Mr. President!” he wrote, with a link to a statement from the POT about your agreement with SpaceXled by Musk, to go to the moon.
The two have a cold relationship. Biden frequently touts the achievements of automakers other than Tesla, which does not have a unionized workforce. Musk, in turn, has complained that the government is working against his efforts and has said that he will vote Republican in the next election, Bloomberg reported.
Tesla shares have plunged 22% since the billionaire struck a surprise deal to acquire Twitter, which now appears to have stalled. Anxiety about the global economy and the impact of the coronavirus lockdown in China have also hit the company, which has weathered global supply shortages of components like chips better than most.