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Elon Musk’s ‘super bad feeling’ about the economy provokes strange reaction from Joe Biden

Elon Musk thinks President Joe Biden's EV incentives should be a thing of the past.

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Tesla CEO Elon Musk sent an email to company executives earlier this week explaining his reasons for a cutback on salaried positions, which was based on a “super bad feeling” about the United States economy.

President Joe Biden, during a press conference at the White House yesterday, took Musk’s comments personally after making numerous claims about the strength of the economy. Biden, who commented that more Americans feel financially stable since he took office, sarcastically and satirically poked fun at the Tesla CEO, wishing him “lots of luck on his trip to the moon.”

Musk thanked the President in a reply Tweet, but it was the latest chapter in a strange saga between the world’s richest man and the President of the United States. Biden, who took office in January 2021, avoided the word “Tesla” like most avoid curse words. What seemed like a forbidden phrase thanks to his loyalty to automotive unions, Biden finally uttered the leader of the electric vehicle sector’s name in February, giving Tesla its props as the “largest electric vehicle manufacturer” in the world.

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Biden, who managed to take the White House away from Donald Trump, has seen his approval rating drop significantly since the beginning of his tenure in Washington. According to the Associated Press, only 39 percent of adults in the U.S. approve of Biden’s performance as president. Even approval among Democrats stands at only 73 percent, which sounds positive, but it is a drastic drop from previous lows, which had not previously dipped below 82 percent.

Incredibly, Biden tried to use a relatively significant accomplishment as an insult against Musk, who for years has tried to develop technology to make life multiplanetary with his company SpaceX. Unfortunately for Biden, the numbers don’t lie: gas prices continue to soar, and inflation has risen from figures of 1.4 percent in January 2021 to 8.3 percent in April 2022, its highest level in a more than 40-year history, which peaked in March 2022 at 8.5 percent, according to Newsweek.

While both Biden and Musk could take the high road and move on from the passive-aggressive jabs they’ve taken at each other over the past year and a half, it does not necessarily appear the two are willing to stop. Whatever the next interaction between the two is, it is likely to start an intense conversation between loyalists. However, Biden’s claims of a robust American economy solidified by financial security amongst the country’s citizens is not necessarily accurate based on recent polls. Only about 2 in 10 adults said they felt the U.S. economy was heading in the right direction.

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I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Elon Musk to attend 2026 World Economic Forum at Davos

The Tesla CEO was confirmed as a last-minute speaker for a session with BlackRock CEO Larry Fink.

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Elon Musk planned to attend the World Economic Forum in Davos for the first time, marking a notable shift after years of public criticism of the annual gathering. The Tesla CEO was confirmed as a last-minute speaker for a session alongside BlackRock CEO Larry Fink, signaling a thaw in Musk’s long-strained relationship with the global economic forum. Musk was confirmed as a late addition to Davos program Organizers of the World Economic Forum confirmed that Elon Musk was added shortly before the event to a Thursday afternoon session in Davos, where he was scheduled to speak with Larry Fink. The appearance marked Musk’s first participation in the forum, which annually draws political leaders, business executives, and global media to Switzerland. Musk’s attendance represented a departure from his past stance toward the event. He had been invited in prior years but declined to attend, including in 2024. His Davos appearance followed remarks from his political ally, Donald Trump, who addressed the forum earlier in the week with a wide-ranging speech. The session also underscored Musk’s expanding role beyond Tesla, reflecting his leadership across multiple ventures, including SpaceX and xAI. A previously strained relationship showed signs of easing Musk had frequently criticized the World Economic Forum in the past, describing it as elitist and questioning its influence. In earlier posts, he characterized the gathering as “boring” and accused it of functioning like an unelected global authority. Those remarks contributed to a long-running distance between Musk and WEF organizers. The forum previously said Musk had not been invited since 2015, though that position shifted as his global influence grew. Organizers indicated last year that Musk was welcome amid heightened interest in his political and business activities, including his involvement in efforts to improve government efficiency during Trump’s administration. Musk later stepped away from that role. Despite the past friction, Musk remained central to several global debates, ranging from SpaceX’s provision of satellite internet services in geopolitically sensitive regions to controversy surrounding content generated by xAI’s Grok chatbot. His decision to attend Davos suggested a pragmatic recalibration, even as his relationship with the forum remained complex.

Elon Musk is poised to attend the 2026 World Economic Forum in Davos. The Tesla CEO was confirmed as a last-minute speaker for a session with BlackRock CEO Larry Fink, signaling a thaw in Musk’s long-strained relationship with the event.

A late addition

Organizers of the World Economic Forum confirmed that Elon Musk was added shortly before the event to a Thursday afternoon session, where he was scheduled to speak with Fink, as noted in a Bloomberg News report. Musk’s upcoming appearance marks Musk’s first participation in the forum, which annually draws political leaders, business executives, and global media to Davos, Switzerland.

Musk’s attendance represents a departure from his past stance toward the event. He had been invited in prior years but declined to attend, including in 2024. His upcoming appearance followed remarks from his political ally, Donald Trump, who addressed the forum earlier in the week with a wide-ranging speech.

A previously strained relationship

Musk had frequently criticized the World Economic Forum in the past, describing it as elitist and questioning its influence. In earlier posts, he characterized the gathering as “boring” and accused it of functioning like an unelected global authority. Those remarks contributed to a long-running distance between Musk and WEF organizers.

The forum previously said Musk had not been invited since 2015, though that position has since shifted. Organizers indicated last year that Musk was welcome amid heightened interest in his political and business activities, including his involvement in the Trump administration’s Department of Government Efficiency (DOGE). Musk later stepped away from that role.

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Despite his friction with the World Economic Forum, Musk has remained central to several global events, from SpaceX’s provision of satellite internet services in geopolitically sensitive regions through Starlink to the growing use of xAI’s Grok in U.S. government applications.

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Tesla states Giga Berlin workforce is stable, rejects media report

As per the electric vehicle maker, production and employment levels at the facility remain stable.

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Credit: Tesla

Tesla Germany has denied recent reports alleging that it has significantly reduced staffing at Gigafactory Berlin. As per the electric vehicle maker, production and employment levels at the facility remain stable.

Tesla denies Giga Berlin job cuts report

On Wednesday, German publication Handelsblatt reported that Tesla’s workforce in Gigafactory Berlin had been reduced by about 1,700 since 2024, a 14% drop. The publication cited internal documents as its source for its report. 

In a statement to Reuters, Tesla Germany stated that there has been no significant reduction in permanent staff at its Gigafactory in Grünheide compared with 2024, and that there are no plans to curb production or cut jobs at the facility. 

“Compared to 2024, there has been no significant reduction in the number of permanent staff. Nor are there any such plans. Compared to 2024, there has been no significant reduction in the number of permanent staff. Nor are there any such plans,” Tesla noted in an emailed statement. 

Tesla Germany also noted that it’s “completely normal” for a facility like Giga Berlin to see fluctuations in its headcount.

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A likely explanation

There might be a pretty good reason why Giga Berlin reduced its headcount in 2024. As highlighted by industry watcher Alex Voigt, in April of that year, Elon Musk reduced Tesla’s global workforce by more than 10% as part of an effort to lower costs and improve productivity. At the time, several notable executives departed the company, and the Supercharger team was culled.

As with Tesla’s other factories worldwide, Giga Berlin adjusted staffing during that period as well. This could suggest that a substantial number of the 1,700 employees reported by Handelsblatt were likely part of the workers who were let go by Elon Musk during Tesla’s last major workforce reduction.

In contrast to claims of contraction, Tesla has repeatedly signaled plans to expand production capacity in Germany. Giga Berlin factory manager André Thierig has stated on several occasions that the site is expected to increase output in 2026, reinforcing the idea that the facility’s long-term trajectory remains growth-oriented.

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Elon Musk gets brash response from Ryanair CEO, who thanks him for booking increase

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ARLINGTON, Va., May 9, 2023 – Boeing [NYSE: BA] and Ryanair announced Europe’s leading low-cost airline has selected the largest 737 MAX model to power its future growth with an order for up to 300 airplanes. The purchase agreement is the biggest in Ryanair’s history and includes a firm order for 150 737-10 jets and options for 150 more. Image credit: Boeing

Elon Musk got a brash response from Ryanair CEO Michael O’Leary, who said in a press conference on Wednesday afternoon that the Tesla frontman’s criticism of the airline not equipping Starlink has increased bookings for the next few months.

The two have had a continuing feud over the past several weeks after Musk criticized the airline for not using Starlink for its flights, which would enable fast, free, and reliable Wi-Fi on its aircraft.

Tesla CEO Elon Musk trolls budget airline after it refuses Starlink on its planes

Musk said earlier this week that he was entertaining the idea of purchasing Ryanair and putting someone named Ryan in charge, which would oust O’Leary from his position.

However, the barbs continued today, as O’Leary held a press conference, aiming to dispel any beliefs about Starlink and its use case for Ryanair flights, which are typically short in length.

O’Leary said in the press conference today:

“The Starlink people believe that 90% of our passengers would happily pay for wifi access. Our experience tells us less than 10% would pay; He (Elon) called me a retar*ed twat. He would have to join the back of a very, very long queue of people that already think I’m a retar*ed twat, including my four teenage children.”

He then went on to say that, due to Musk’s publicity, bookings for Ryanair flights have increased over the past few days, up 2 to 3 percent:

“But we do want to thank him for the wonderful boost in publicity. Our bookings are up 2-3% in the last few days. So thank you to Mr. Musk, but he’s wrong on the fuel drag. Non-European citizens cannot own a majority of European airlines, but if he wants to invest in Ryanair, we think it would be a very good investment.”

O’Leary didn’t end there, as he called Musk’s social media platform X a “cesspit,” and said he has no concern over becoming a member of it. However, Ryanair has been very active on X for several years, gaining notoriety for being comical and lighthearted.

The public spat between the two has definitely benefited Ryanair, and many are calling for it to end, especially those who support Musk, as they see it as a distraction.

Nevertheless, it is likely going to end with no real movement either way, and is more than likely just a bit of hilarity between the two parties that will end in the coming days.

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