Economy

Title: Elon Musk Accuses Biden Administration of Being "Biased" Against Tesla

Title: Elon Musk Accuses Biden Administration of Being

Tesla CEO Elon Musk claimed that President Joe Biden and his administration are "biased against his company," which was not invited to a recent White House event promoting electric vehicles. Musk criticized the administration during a conference in Beverly Hills, California, stating that the U.S. government "is not the most friendly and is controlled by unions." He expressed a preference for a "more centrist" president. Tesla, headquartered in Palo Alto, California, employs around 10,000 workers at its Fremont factory, where United Auto Workers have made various attempts to unionize. In contrast, with global doubts about China's status as an investment market, Musk reaffirmed Tesla's commitment to China, stating, "Tesla will continue to expand its investments in the country." These comments came during a pre-recorded Q&A session at the World Internet Conference, hosted by China’s Cyberspace Administration. Less than two weeks ago, Musk noted at the Global New Energy Vehicle Conference that Chinese car manufacturers are "the most competitive in the world."

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