President Joe Biden is hitting back at Elon Musk‘s comments about the economy. In an internal email published by Reuters, the 50-year-old Tesla CEO told executives that he had a “super bad feeling” about the economy, causing him announce that he would freeze hiring and cut staff by about 10%. Biden responded to his remarks during a press conference on Friday (June 4). Click inside to read more… “While Elon Musk is talking about that, Ford is increasing their investment, overwhelmingly,” he said. “I think Ford is increasing the investment in building new electric vehicles.
Six thousand employees – union employees, I might add, in the Midwest. The former Chrysler Corporation, they also are making similar investments in electric vehicles.
Intel is adding 20,000 new jobs making computer chips.” “So, you know, lots of luck on his trip to the moon,” Biden added.
He went on to say that while there is “no denying that high prices, particularly around gasoline and food, are a real problem for people,” there is “every reason for the American people to feel confident that we will meet these challenges.” Elon responded by retweeting a clip from the press conference on Twitter, sharing a link to a 2021 NASA release announcing its partnership with SpaceX to develop a commercial moon lander for its Artemis program.
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