Skip to content

'Lots of Luck on His Trip to the Moon': Biden Dismisses Musk's Concerns on the Economy

Video player cover image
WATCH: Biden wishes Musk good luck on his trip to the moon.Source: Bloomberg

President Joe Biden renewed his simmering feud with Elon Musk, dismissing the billionaire’s warnings about the economy and wishing him luck with his firm’s adventures in space. 

Musk said in an e-mail to Tesla Inc. executives that he has a “super bad feeling” about the US economy and wants to cut 10% of the carmaker’s workforce, according to a Reuters report. Asked about it Friday, Biden touted announcements by companies who’ve pledged to expand their operations and hire staff.