On Tuesday, March 2, 2022, President Biden tweeted about the investment of Ford in building electric vehicles. In response to this -more like correcting him- Elon Musk, the C.E.O. of Tesla Motors, tweeted about how his company has invested more in the electric vehicle segment.
Biden’s tweet on the investment in electric vehicles
The U.S. President Joe Biden praised the investments of the two largest U.S. automakers: Ford and General Motors. He took this to his tweeter account and said that Ford is investing about $11B in the electric vehicle segment in the country. This will generate about 11,000 jobs all over the country. He further added that General Motors (G.M.) is investing $7B, making it the largest investor in history. He claimed that this investment would create 4,000 jobs in Michigan.
Ford is investing $11B to build electric vehicles—creating 11,000 jobs across the country.
GM is making the largest investment in its history—$7B to build electric vehicles, creating 4,000 jobs in Michigan.
— Joe Biden (@JoeBiden) March 2, 2022
Biden delivered his first State of the Union address to a joint session of Congress. He claimed and provided proof of a surge in the domestic manufacturing of American automobile companies. He said that most goods are now “Made In America,” and automakers are a huge contributor to this growth in the jobs and manufacturers.
These mentions came into the light after Intel committed to building a $20 billion semiconductor manufacturing site in Ohio.
Elon Musk’s answer to the President’s tweet
When Elon Musk did not see his mention -that produces electric cars- in the President’s State of the Union address. Tesla’s C.E.O. made fun of the Presidency’s tweet with a sarcastic reply. He also asked the person handling his account to check the facts. He tweeted on Tuesday night that Tesla is doing 50,000 jobs in U.S.A. building electric vehicles. Elon claimed that his company is investing more than double that of G.M. and Ford combined.
Musk said that the President “is treating the American public like fools” after his meeting with the executives of General Motors and Ford Motor this year in January.
Tesla has created over 50,000 US jobs building electric vehicles & is investing more than double GM + Ford combined
[fyi to person controlling this twitter]
— Elon Musk (@elonmusk) March 2, 2022
Amazon’s Jeff Bezos Tesla’s Elon Musk are competing to be in the first place among the richest in the world.