U.S. President Joe Biden has been actively promoting climate and environmental issues, especially in the development of new energy vehicles, and in the early days, he met with the CEOs of ten car companies, including General Motors and Ford Motor, to hold an electric vehicle summit, which was the second time in half a year that Biden met with auto executives. After the meeting, the White House released a video of an exchange with GM executive Mary Bora and said that "GM, Ford and other companies are hitting new highs in electric vehicle production in the United States." And this move not only attracted the spit of American netizens, but also attracted musk's direct complaints.
Tesla CEO Musk posted two messages on social networks aimed at Biden. Musk first called Biden a "humanoid puppet" on Thursday, and then directly named and added a knife, "Biden treats the American public as a fool", apparently Biden will not respond to this criticism, but Tesla stock price then plummeted 11%.
Biden praised the work of the CEO of General Motors, Ford and engine maker Cummins at his electric vehicle conference, but tesla was not mentioned at all in the meeting, or in the follow-up video and press release. And Tesla in the past 2021, completed 936,200 electric vehicle sales, and Biden in the video a week in the United States GM, because of the battery problem caused by the suspension of production, the fourth quarter only sold 26 electric vehicles, compared with the results of the two, GM's performance in electric Tesla is not a fraction, Musk pointed out that "Biden treats the American public as a fool" Is obviously not completely unreasonable.
In August 2021, Biden signed an executive order requiring the full electrification of cars sold in the United States in 2030, when Biden also invited the above-mentioned car executives to attend the meeting, but excluded Musk, the CEO of Tesla, who believed that the Biden administration was biased against them in an interview with the media. Tesla is the bearer of the global electric vehicle industry, Biden seems to be not very welcoming, and Biden's predecessor Trump highly appreciates and supports Musk, perhaps for Biden to express dissatisfaction with the position of his predecessor, or it may be to ignore Tesla in response to Musk's style.
For the most part, some of the content released by Musk can indeed increase the public's attention to Tesla, which has exploded in the fourth quarter of 2021, with excessive market value valuation and continuous growth, and attention is also a key influencing factor. But not all quarrels will be beneficial, Musk's past disputes with the U.S. Securities and Exchange Commission have led to him losing his position as tesla chairman, in 2018 he said he would arrange for Tesla to take tesla private, and then fined $20 million, and NHTSA is also conducting a security investigation into Tesla's controversial Autopilot system. Tesla appears to be the focus of the SEC, the IRS, the National Highway Traffic Safety Administration, the Department of Transportation, and the Department of Labor.
Biden, by contrast, is unlikely to be affected by his frosty relationship with Musk. He doesn't depend on Musk's money or on his approval. What's more, because Musk moved from California to Texas, it is not a key state that Biden needs to focus on. In some ways, there is no cost to excluding him. President's support usually comes from finance and traditional industry, and Musk looks more like a businessman with no restrictions, and Biden's low approval rating is also the reason why Musk can directly ridicule Biden, Biden did not retaliate against it, but Wall Street shot but Tesla stock price plummeted, Musk personally has lost $24.5 billion on his books, the stock rose slightly 2% yesterday to close at $846.35.
Automotive industry attention Popular automotive media
Share valuable car news every day
A platform for Autobots