US President Joe Biden dismissed concerns about the economy expressed by Tesla and SpaceX owner Elon Musk earlier this week. Speaking to reporters in Delaware on Friday, Biden noted that while Musk talks about recession and job cuts, other manufacturers are thriving, which might signal a problem with Tesla, not the economy.
“While Elon Musk is talking about that, Ford is increasing their investment overwhelmingly… Ford is increasing investment and building new electric vehicles. Six thousand new employees, union employees I might add, in the Midwest,” Biden said, while also pointing to the successes of the former Chrysler Corporation in electric vehicle production, and tech giant Intel’s recent move to create 20,000 new computer chip jobs.
“So, you know, lots of luck on [Musk’s] trip to the moon,” Biden added.
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