Musk took a distant part in an event organized by the Italian organization Lega involving her leader and Italian deputy prime minister Matteo Salvini. Billionaire declared:
Musk's comments are a clear sign of Musk's disagreement with the current US administration policy. Tesla's CEO lost billions following Trump's customs announcement.
Trump's duties hit Tesla
According to media reports, preparations are underway for the departure of Elon Musk from the White House. Following his sensational statements, which are in clear conflict with the US President's policy, his breakup with Donald Trump may be accelerated.
Musk leads efforts to cut costs in the U.S. government, steering the Department of Government Efficiency (DOGE). According to POLITICO The president of the U.S. was about to say that it's time for Musk to refocus on his core business.That's business. The latest statements by a billionaire on the free trade area between the US and Europe could velocity up its withdrawal from politics.
According to POLITICO, the billionaire's divided with the US President's administration would take respective weeks. It is the fact that his DOGE assignment was limited in time from the beginning, until July next year. However, according to media reports, Elon Musk’s actions to date did not win his followers around Trump.
Furthermore, it is clear that the fresh duties are beating the interests of Elon Musk. The richest man in the planet has seemingly decided to cut off from the politics of the president of the United States. Tesla, head of which is Musk, relies, among others, on imported parts from China, which Trump laid a 34 percent tariff.
Tesla has achieved mediocre results in fresh months, and the stock price of the car maker has fallen by almost half since December. Last week, the company saw a much larger decrease in car supply than expected in the first quarter. The fact that sales have fallen in respective European markets is simply a sign that Muska's political activity can affect its companies.
Musk: extremist deregulation is necessary
In a Saturday interview, Musk besides said that he wanted “more freedom of movement for people between Europe and North America”.
Musk besides attacked regulatory burdens in Europe and said they are kept to defend any very large companies.
"There are besides many rules and regulations that make it very hard to start a company and do besides much to defend large companies at the expense of tiny and medium-sized companies," he said. Mr Musk added that Brussels "enhances" this situation and that "radical deregulation is necessary".
Musk maintains good relations with right-wing Italian Prime Minister Giorgia Meloni and her supported Italian Brothers. Now he expressed his support for the even more right-wing organization of Leg Salvini.
Last month, Musk thanked Salvini after he promoted his Starlink company erstwhile it was about the Italian satellite communications system.
Stefano Guidi/Getty Images / Contributor / Getty ImagesMatteo Salvini (illustration picture)
Italian economical minister Giancarlo Giorgetti, who belongs to Lega, said on Saturday that the Italian government wanted a "deescalation" from the US after Trump announced the duties and warned against imposing retaliation duties.
