Elon Musk criticizes Biden for ignoring Tesla in his state address – Business – Economy


the expected state of the union address had the Americans and part of the world on the lookout for the problems that the president Joe Biden embarked. The focal point was Russia’s invasion of Ukraine.

Another focus was Western power economics, for which Biden highlighted the work of North American companies, such as Ford and General Motors (GM)the two automakers.

The President applauded efforts to switch to clean energy: “Ford is investing $11 billion to build electric vehicles, creating 11,000 jobs across the country.”

He called GM’s investment historic: “$7 billion to build electric vehicles, creating 4,000 jobs in Michigan.”

(Also read: Jack Sweeney, who stalks Elon Musk, will now attack Russian millionaires).

No reference to Tesla

Tesla has created more than 50,000 jobs in the United States.

However, such achievements were not welcomed by Elon Muskthe owner of Tesla – another of the most important manufacturers of electric cars.

The tycoon responded to the speech on his Twitter account and assured that his company also creates jobs and, in addition, far exceeds the investments of its rivals.

“Tesla has created more than 50,000 jobs in the United States building electric vehicles and is investing more than twice as much as GM and Ford combined,” tweeted Musk, the second richest person in the world with a fortune of 235. billions of dollars. , according to a list in ‘Forbes’ magazine.

(Be sure to read: Shipment of Starlink, Elon Musk’s Satellite Internet, Arrives in Ukraine).

The messages to Biden didn’t end there, as the billionaire claimed his company was on the verge of bankruptcy between 2008 and 2009 but managed to move forward.

“We closed our funding round at 6 p.m. on December 24, the last business hour of the last day before Tesla bounced back on the payroll,” he said.

(We recommend: the company of Elon Musk, accused of inflicting atrocious suffering on monkeys).

Despite the difficulties, Tesla is now one of the best positioned companies: it has been listed on the Nasdaq stock exchange since Wednesday at 864 dollars (about 3.5 million Colombian pesos) per share.

Founded in 2003, according to figures from ‘Forbes’, has more than 70,000 employees worldwidemost in the United States, and has accumulated sales of $31 billion thanks to its luxury electric cars.

No more news

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