News Formal

Elon Musk was outraged after Biden said major competitor was electrifying 'the entire automobile industry'

  • 📰 nypost
  • ⏱ Reading Time:
  • 26 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 67%

US News News

Electric Cars,Elon Musk,General Motors

Tesla shares dropped more than 12% in July 24trading after Elon Musk’s electric car maker reported its second straight quarterly loss and confirmed that a hotly anticipated robotaxi launch will be pushed back by two months to October.

Elon Musk turned against President Biden because he felt snubbed when the commander in chief credited his Tesla competitor for electrifying “the entire automobile industry,” according to a report.

However, tension began festering for Musk — who has publicly stated in the past that he voted for Biden in the 2020 election — as soon as the administration started bolstering plans to boost electric vehicles around America.United Airlines flight diverted over 'biohazard' as passengers ask for masks: 'The crew is vomiting'

Despite Tesla having about two-thirds of the EVs on the roads around the US when Biden took office, Musk and his team were constantly given the cold shoulder.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 91. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fox News AI Newsletter: Elon Musk: Tesla can be $20 trillion companyStay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
Source: FoxNews - 🏆 9. / 87 Read more »