Tesla's (TSLA) Elon Musk Slams Biden Following GM (GM) and Ford (F) White House Meeting

January 28, 2022 7:19 AM EST

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Tesla (NASDAQ: TSLA) CEO Elon Musk said that President Biden "is treating the American public like fools" on Twitter Thursday following the President’s meeting with rival car companies General Motors (NYSE: GM) and Ford (NYSE: F).

The President invited GM and Ford CEOs Mary Barra and Jim Farley, along with other business leaders, to discuss his administration's Build Back Better legislation.

The recently stalled legislation has been a favorite target of Musk’s in the past. He's called Biden's White House "not the friendliest administration" and complained that it's "controlled by the unions." Tesla has actively fought unionization efforts at its plants. The massive spending bill would bump up the $7,500 tax credit to $12,500 for union-made electric vehicles.

In December, Musk called on Congress not to pass the Build Back Better legislation, arguing the industry doesn't need government support and if federal spending isn't curbed, "something really bad is going to happen."

"Companies like GM and Ford are building more electric vehicles here at home than ever before," the President tweeted after the meeting, prompting the response tweets from Musk.

Musk also tweeted that "Biden is a damp [sock] puppet in human form" and "Starts with a T, Ends with an A, ESL in the middle."

By Michael Elkins | [email protected]



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