This past Thursday, Elon Musk, billionaire entrepreneur and CEO of SpaceX, hurled criticism at Democrat President Joe Biden for remarks that were made about the use of American automakers to produce more electric vehicles.
“I meant it when I said the future was going to be made right here in America,” stated Biden in a tweet that highlighted a video of him speaking with Mary Barra, the CEO of General Motors. “Companies like GM and Ford are building more electric vehicles here at home than ever before.”
“Starts with a T,” stated Musk. “Ends with an A. ESL in the middle.”
Another user posted a response to Biden’s statements 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 to this, “Biden is treating the American public like fools.”
In the past, Musk has made it a point to mock Biden online after Biden spurned the CEO and all of his companies, all in direct spite of their amazing accomplishments.
Musk stated his response to one Twitter user who put forth a question asking why Biden had not even acknowledged that SpaceX’s ‘Inspiration4’ mission, which sported for the first time ever a crew of all civilians for its spaceflight, raised millions on top of millions of dollars for charity by tweeting out: “He’s still sleeping.”
Musk has also criticized Biden for just being a “puppet” for the United Auto Workers union and for failing to issue Tesla an invite to an EV event held at the White House.
Musk also took the chance to take shots at Old Uncle Joe for his Build Back Better plan.
He issued a warning against the passing of the bloated multi-trillion-dollar plan by describing how it would just end up adding to the already “insane” federal deficit.
“Honestly, I would just can this whole bill,” stated Musk at The Wall Street Journal’s CEO Council Summit earlier this month. “Don’t pass it, that’s my recommendation.”
The following day, Musk released an analysis from his alma mater, University of Pennsylvania’s Wharton School, that outlined that the national debt would spike by over 24% if the provisions within the bill were 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 stated concerning the Build Back Better Act. “Nothing is more permanent than a ‘temporary’ government program.”
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