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Elon Musk says he’ll fix the government under Trump. His track record paints a different picture
Musk is anti-union and anti-worker. Like Trump, Musk does not honor his contractural obligations. Musk is actively supporting Donald Trump because:
1) Trump has promised new tax cuts for the wealthy and Musk is ultra-wealthy.
2) Trump has promised new tax cuts for corporations. Musk owns numerous corporations. Among these are SpaceX, Tesla, and X (formally Twitter)
3) Trump has promisedf to significantly remove government regulations on corporations. This would increase corporate profits while increasing the dangers to the Americvan consumer.
4) Trump has said he would impose a significant tariff (200%) on Chinese products. This would remove Musk's biggest competitor in the field of electric vehicles. He could thus increase prices for his vehicles.
5) Trump has promised Musk a position in any new Trump administration.
www.newsweek.com

10.22.24
Elon Musk is making some big promises while campaigning for former President Donald Trump. But his business record calls into question whether he can deliver. Musk and Trump have publicly discussed some kind of government role for the Tesla and SpaceX CEO if Trump wins the presidency. Trump on Fox News last week said Musk may serve as the “Secretary of Cost-Cutting,” a government agency that also doesn’t currently exist. Trump, in his interview with Musk in August and in subsequent public discussions about a possible government role for Musk, has praised the CEO for his ruthlessness with layoffs. When discussing what he might do for the government, Musk said in a Pittsburgh town hall Sunday that major cuts to government spending would be necessary. At X, Musk has made significant layoffs, slashing roughly 80% of the company’s staff. That has led to a janky, unstable product, as evidenced by his disastrous technology failures there. Musk has also eliminated X’s trust and safety teams, leading to an escalation in hate speech and unchecked misinformation — and an advertiser exodus from the platform. X is worth 80% less than what Musk bought it for in October 2022.
Regulations have bugged Musk for years, who has railed against what he has called unnecessary bureaucracy and red tape. What is different is Musk’s approach to skirting or bending of rules, which have at times led to disastrous results. At Tesla, Musk has pushed forward ambitiously in deploying “full self-driving” technology, despite multiple accidents and government warnings and investigations. America’s top safety regulator on Friday announced yet another investigation into Tesla after a fatal accident involving a pedestrian hit by a car using Tesla’s full self-driving features. And at SpaceX, skirting California government regulators has led to notoriously unhappy residents and lawsuits in a Texas town where the company set up shop to launch and test its massive rockets. Musk suggested offering ousted government employees two years’ severance, according to the Wall Street Journal, which attended several of Musk’s rallies for Trump. “The point is not to be cruel or to have people not be able to pay the mortgage,” Musk said Friday. But Musk at X was sued repeatedly for failing to make good on his promise to honor laid-off employees’ severance packages. Before Musk’s purchase of Twitter — now X — in 2022, the company’s severance plan dictated that employees who remained after the acquisition and were subsequently fired would take home up to six months of pay, plus one week of pay for each year they worked for the company. But the lawsuits against Musk and the company claim the company refused that payout.
Musk is anti-union and anti-worker. Like Trump, Musk does not honor his contractural obligations. Musk is actively supporting Donald Trump because:
1) Trump has promised new tax cuts for the wealthy and Musk is ultra-wealthy.
2) Trump has promised new tax cuts for corporations. Musk owns numerous corporations. Among these are SpaceX, Tesla, and X (formally Twitter)
3) Trump has promisedf to significantly remove government regulations on corporations. This would increase corporate profits while increasing the dangers to the Americvan consumer.
4) Trump has said he would impose a significant tariff (200%) on Chinese products. This would remove Musk's biggest competitor in the field of electric vehicles. He could thus increase prices for his vehicles.
5) Trump has promised Musk a position in any new Trump administration.

Elon Musk faces investigation calls from Republican DOJ veterans
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