Elon Musk says he would be happy to talk to President-elect Donald Trump, as he was hearted by a recent development
Last month before the Election Day, Tesla Motors Inc. (NASDAQ:TSLA) CEO, Elon Musk, went on record saying that President-elect Donald Trump is not the “right guy” for the presidency, as he does not “have the sort of character that reflects well on the United States. Yet, he doesn’t feel threatening on the potential repealing of tax incentives for electric cars and solar.
Conversely, Mr. Trump has been criticizing the Obama administration for giving tax payers’ money to struggling renewable energy companies in the name of global warming and discouraging companies that could create large number of jobs. Thus, he made a group of CEO of top companies, including General Motors, JPMorgan, and Walt Disney, to advise him on job creation. As many would have expected, Mr. Musk, the CEO of two revolutionary companies Tesla and SpaceX, was not in the list.
Andrew Ross Sorkin, a New York Times columnist, wrote “Want to Bring Back Jobs, Mr. President-Elect? Call Elon Musk,” explaining why the Tesla man should be in the group and he can be a valuable asset in the cause.
He received the following reply from Mr. Musk:
“I’d be happy to talk to Trump,” adding that he was heartened by the recent acknowledge of Mr. Trump that global warming can be cause by human beings.
In his article, Mr. Sorkin wrote Mr. Musk has created about 35,000 jobs already through his business over the last 10 years and Tesla’s under-construction Gigafactory in Sparks, NV would alone hire create 6,500 production workers by 2020. Following the lithium-ion battery factory’s completion, Tesla cars will have 95% of its parts build in the US.
While the Tesla cars go through tariffs and taxes that make them much more expensive in China and Europe, Chinese and European vehicles only have to face a nominal tax t sell EVs and its parts in the US. Additionally, he receives just a fraction of subsidies compared to subsidies received by the oil companies and the Big Three. Yet, it is accused for operating his empire using public funds.
Interestingly, Mr. Musk does not even care of the subsidies on EVs are taking away, as he believes “Tesla’s competitive position would increase, not decease” because other carmakers will have much more problem in creating battery-powered car than Tesla will.
Yesterday, USA Today reported that Mr. Trump has invited tech leaders for a meeting next week, there is no word if the invitation has been sent to Mr. Musk, the most admired tech leader among founders.