Tesla CEO Elon Musk has reacted harshly to US President Joe Biden. In a recent statement he claimed that Joe Biden and his government are negatively inclined towards his company.
To substantiate these allegations, Elon Musk referred to the incident that took place last month at the White House during which electric vehicles were introduced. Joe Biden may have invited many successful automakers to the White House, such as General Motors and Ford, but he failed to invite industry leader Tesla, the best-selling automaker.
“He did not mention Tesla even once, but instead praised GM and Ford for their offer in this area,” said the billionaire.
Speaking at the Code conference in Beverly Hills, California, on Tuesday, Musk said the administration was heavily influenced by unions and did not hesitate to express a desire for a more centrist president. However, when the discussion turned to Space Exploration Technologies in which he is also managing director, Elon Musk acknowledged that working with the US government was an important part of his business.
According to a report Elon Musk paid a minimum income tax in connection with his large undeclared fortune, which is estimated at $ 209.6 billion by the Bloomberg Billionaires Index. He said he receives no salary from either SpaceX or Tesla. In fact, his tax rate is around 53% and he added that he is almost certain that the tax rate will increase even more next year.
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