Elon Musk is not happy and he makes it known. This weekend, the billionaire attacked Peter Navarro, his head “thinking” behind the new customs tax policy desired by Donald Trump. For the CEO of Tesla, this tariff war is a mistake, as he explained in a tweet, always in his very … personal style. “”A doctorate in Harvard economics is a bad thing, not a good thingHe said in response to an extract from Peter Navarro justifying these taxes on CNN.
Elon Musk then participated in videoconference in a meeting with the Italian right -wing populist political party Lega. During this one, he notably claimed to campaign for a “Free trade zone” Total between the United States and Europe, the area in which no customs duties would apply, explains Business Insider.
“”If people want to work in Europe or wish to work in North America, they should be allowed to do so, in my opinion“Surgish the businessman. In other words, he does not support the economic policy of that which he nevertheless helped to find the oval office, by funding his campaign height of $ 270 million (around 247 million euros). Difficult to disagree with Elon Musk as the “reciprocal” prices seem to be based on any logic, even if the billionaire motivations are much more personal.
Musk and his businesses were hit hard by the sudden implementation of taxes, reports Futurism. The inevitable increase in production costs will hardly impact its electric vehicle company, which are highly dependent on foreign supplies. Tesla, already in bad shape, did not ask for so much and the actions of the company are down.
Best Friends Forever?
Elon Musk’s behavior and escapades have greatly penalized Tesla, whose reductions collapse and whose brand image is today catastrophic. The extremist opinions of the billionaire and his work of systematic and brutal destruction of the federal government in no way arrang his business. It is this post at DOGE (Department of Government Effectiveness) that Tesla’s investors criticize, saying that they were abandoned by Musk.
The extent of the crisis triggered by customs taxes does not seem to frighten Donald Trump who calls the Americans to courage, convinced that his policy will be paying, and quickly. Will this subject be the point of rupture in the alliance, however solid between the two men? For the moment the White House tempers and specifies that it wishes to remain on good terms with Elon Musk, even when it has completed its special mission within the DOGE, which should happen in “A few months” estimates the American president.
“”Elon Musk and President Trump both publicly declared that the public service will leave as a special civil servant when his incredible work at Doge is finished“, In particular tweeted the spokesperson for the White House, Karoline Leavitt, last week. She reacted to a politico article which announced the next departure of the president’s right arm.
If Donald Trump maintains the chaotic CAP he has set for himself, Elon Musk’s companies, like those of many other entrepreneurs, are likely to spend a very difficult a few months. Peter Navarro, for his part, replied to the billionaire on Fox News: “Listen, Elon, when he is in his Doge register, he is great. But we understand what is going on here. We just have to understand. Elon sells cars. And he only protects his own interests, as any businessman would.»»
