Billionaire tech titans for Trump: Here's what to know
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- Опубликовано: 11 окт 2024
- Jessica Lessin, The Information editor-in-chief, joins 'Squawk Box' to discuss Silicon Valley's support for Donald Trump, the reason behind some of the tech leaders' support for the former president, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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Maybe Elon is upset because Biden invited all the electric car manufacturers to the White House for a conference, except Tesla.
I know I was upset. The largest producer of EV's not invited to an EV summit. Biden's snub made no sense at all and demonstrated how his policies for EV weren't really serious.
So Elon musk didn’t get upset when Trump insulted him publicly that he would bend his knee & he sure did. Got you.
I wonder if Biden is even capable of driving a car now.
@@BK-cl9ikelon cares about results. You dont get it
@@MathGPT what would those results be?
Notice she is wearing red for this interview. Trump.
That’s a lame excuse. So the gentleman in blue is democrats?
So funny colors are even now becoming political. Blue used to affiliated with boys and red with girls… “Lady in Red” is a popular song…. guess it means pro GOP now…. lol
TRUMP 2024!!!
"Illegal" immigration, not immigration.
No one is against legal immigration.
Maybe they were angry at what has been done to the man .
Thank you y’all for making America proud and great forever 🇺🇸USA USA USA
Last they aren’t ignoring social issues. Musk has gone red entirely for social issues, this lady is based
That's GREAT!!!!!
elon made twitter a worthless bot/troll infested platform that enough says a lot
Actually they're working in their best interests of their stockholders and their investors and their investment Banks, it's a no-brainer
Poor media. Stories like this is hyperventilation alert high for them.
Over time Becky Quick has become a shrew.
Musk was always against EV credits. Get your story straight. How come you don’t know what’s going on? Must spoke out against EV credits all along. And the EV credits are helping only big Auto.
Musk doesent employ UAW. It’s all political. Biden is DONE. Bi-done
Yes, it is true that Elon Musk has been consistently opposed to government credits for electric vehicles (EVs). He has expressed this stance multiple times:
1. **Opposition to All Subsidies**: Musk has called for the removal of subsidies from all industries, including those for EVs. He believes that this would benefit Tesla more than it would hurt the company[1].
2. **Anti-Tax Incentive Stance**: Musk has publicly stated that he is against tax incentives for purchasing EVs. He argues that these incentives distort the market and are not beneficial for Tesla's competitiveness[2][3][4].
3. **Historical Support**: Despite his current stance, Tesla has historically benefited significantly from government subsidies and tax credits. The company has received over $3 billion in government awards since 2007, which have been crucial in its development[1].
4. **Market Distortion**: Musk's opposition to tariffs on Chinese EVs is also aligned with his broader stance against market distortions. He believes that tariffs and subsidies hinder free trade and market efficiency[2][3][4].
Overall, while Tesla has benefited from government support in the past, Musk's current stance is to eliminate these incentives across all industries, including EVs.
Citations:
[1] www.autoblog.com/2024/07/16/heres-how-teslas-elon-musk-explains-his-support-for-an-anti-ev-presidential-ticket/
[2] www.reuters.com/business/autos-transportation/elon-musk-im-against-tax-incentives-evs-2024-05-23/
[3] www.foxbusiness.com/markets/tesla-ceo-elon-musk-opposes-ev-tax-incentives-tariffs-chinese-evs
[4] economictimes.indiatimes.com/industry/renewables/elon-musk-im-against-tax-incentives-for-evs/articleshow/110382996.cms
[5] www.semafor.com/article/07/19/2024/why-ev-billionaire-elon-musk-is-supporting-ev-hater-donald-trump-for-president
Great video Mac and Ben created
Andrew I am so fricken proud of you, the other morning you absolutley nailed the discussion about taxes and the affect the 2017 Trump tax changes had on the lower and middle class, my federal taxes are now the highest they have ever been, I'm writing big checks to the IRS every year since 2017, the Trump economy is about helping the Rich and Corporations lower their taxes and make them richer at my expense, it doesn't "trickle down", it balloons the deficit, I have no faith Trump will lower my taxes and help the working class (Joe Kernen is an idiot by the way)
Trump is not against EV he is just not against gas powered vehicles…
Very Smart comments .
Musk is no longer in Silicon Valley
Greed knows no moral limits.
Elon is a big government contractor
Musk should go to Utah
Theses "mogals" flipflopped once they saw Trump as the likely winner. Total sleazy behavior.
I believe the word is turncoat, these guys would back anyone they think might win
Jessica Lessin's hatred for Elon is so obvious.
"Jessica Lessin" is an anagram for "Jail Scenes Sis". o/
Elon is hoping to buy a president with 45M per month
No subsidies! If you want one buy one if you don’t, then you don’t have to! The end to EV’s
JD Vance is a silicon valley plant.
There are no tears like liberal and progressive tears
Tech bros are nobody's friend, unless you are a rich man or work in tech, or both.
Envy of tech people in silicone valley
tsla can compete against other us EV makers. What he wants is the tariff that blocks the chinese EV. I think that's his calculation.
Trump / Vance 2024!!!!!
Musk doesn't "control" X, but I understand it's hard for you guys to think of another verb when it comes to media.
Goooo crypto!!
Yay 🎉🎉🎉🎉 Elon out of California !!!
Won’t be buying a Tesla, that’s for sure.
"How dare someone vote differently than me...."
😂😂
Meh, her analysis is quite poor. It does include social issues. She is doing fake and weak, poor topical anslysis
Country for sale.
These are American business leaders, not Chinese. What do you mean country for sale?
You mean country for sale by Joe Biden
@@Russ-ex8sohe means the government is for sale.
trump 2024
People just want normal again. We want safety, low prices for gas and groceries! A secure border. Peace around the world through strength. Americans don’t want an Authoritarian dictator! We want an America 🇺🇸 first leader always! MAGA 2024 and beyond 🗽🇺🇸⚖️
Elan made Twitter Troll infested platform that says alot
People need is work. Not private businesses. Private business they growth bcz of depth now all against to the federation bcz of their obligations in tax... you played private . Pero ako anhin ko naman makipag laro sa mga jocker card samantalang nasa kamay ko lahat nang clase nang cards?????? Mean of lead politician's
nobutt
Malthusians will tend to support Malthusians. And the tech industry is overrun by them. And we know Trump isn’t an avowed Malthusian.
Ha ha
Where are the Billionaire WOMEN and which politics are THEY investing in?
Men in tech want to dehumanize women in order to experiment with our bodies, and then exterminate us for female robotics and artifical wombs.
When you look at the issues that are foundational such as the freedom of speech, worship and take care of your family, these have diminished under the democrat leadership over the years.
Biden is stopping you from worshipping? Hahahaha. Ok, this is a first. And you don't have freedom of speech? LOL ok.
Careful they’ll call you a racist for noticing that
Fake go and ask them to support him joke
It seems there is very little diversity in tech political support. Practically everyone in the valley supports one party, the democrats, and it almost seems anathema to support republicans. So much for diversity and inclusion in the Valley. Does it seem odd that the mainstream media does not seem to comment much on the fact (and maybe danger) that practically most billionaires in the US support one party, the democrats, but instead obsess over the few that decide to go against the tide and support Republicans. Then which party is actually controlled by the billionaires? Happy to see some change
Trump posted huge non covid deficits. About double of Biden.
exploiters
Trump 2024!
Very rare to see Anglo Saxon descendants reporting for CNBC anymore. Just the same ho hum from the tired old wandering tribe. Who owns CNBC? 🤐😅
Traitors
#Trump2024
A South African supporting a racist Presidential Candidate. What a surprise!🤣🤣
Considering its the white south african Apartheid Clyde, him supporting a racist candidate makes perfect sense. 😂😂
URWE
anti USA ytub