Biden responds to Elon Musks super bad feeling about the economy. News Today Economy News 2022 economynews russiaukraine economy

#Biden responds to Elon Musk’s ‘super bad’ feeling about the economy. News Today #economy #economics #world, Economy News 2022

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Biden responds to Elon Musk’s ‘super bad’ feeling about the economy. News Today

U.S. President Joe Biden responded to businessman and founder of SpaceX and Tesla Elon Musk to his statements criticizing the country’s future on Earth.

“Let me tell you something: While Elon Musk talks about it, Ford is ramping up investment. The former Chrysler Corporation, now Stellantis, is also ramping up its investment in electric cars. So, you know, I wish all the best to him in flight to the moon,” the head of the state responded to the businessman.

The American leader said it after reviewing data on employment in the country in May. Economists predicted a healthy path for the U.S. economy after the COVID-19 pandemic. In addition, Biden was told about the growing competition among automakers shifting their facilities to the production of electric cars.

Earlier, Musk told top Tesla executives that he had a “very bad feeling” about the U.S. economy. He announced that 10 percent of the company’s employees would be laid off and recruitment would be halted worldwide.

Earlier, Elon Musk said he planned to vote for Republicans.

“In the past, I voted for Democrats because they were (mostly) the party of kindness. But they became the party of divisiveness and hatred, so I can no longer support them and will vote for Republicans,” Musk wrote on social media.
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#Biden responds to Elon Musk’s ‘super bad’ feeling about the economy. News Today #wealth #future #politics #usa #realestate, Economy News 2022

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