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

📆 29/07/2024 07:18 a. m.
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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.

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