Really – wouldn’t that be cool? But you know, self absorbed rich young guys with big mouths, the press eats them up. More! More! More! Is he right well? Newsome is no fascist. He is just a little old Democrat. Could the car industry open up? Well probably, slowly. But Elon wants what Elon wants and Elon usually gets. Thus the outburst.
Tesla rises as company ekes out a Q1 profit
- Tesla reported first-quarter results on Wednesday, including a $16 million profit.
- A Covid-19 outbreak in China forced Elon Musk’s electric-vehicle maker to suspend manufacturing in Shanghai for more than a week in February and in the U.S. at the end of March.
- Musk and Tesla CFO Zachary Kirkhorn are expected to update shareholders on the impact of the coronavirus on their business so far and their plans to bring production back online in the U.S.
Musk slammed the Bay Area’s shelter-in-place orders as “unconstitutional” and “fascism” in a profanity-laced tirade on an earnings call Wednesday evening.
He said: “I think we are a bit worried about not being able to resume production in the Bay Area and that should be identified as a serious risk. We only have two car factories now, one in Shanghai and one in the Bay Area.”
And he continued sounding more and more incensed, at one point asking, “What the f–k?”
Musk also ranted about the health orders: “I think people are going to be very angry about this and are very angry. It’s like somebody wants to stay in the house? That’s great, they should be allowed to stay in the house, and they should not be compelled to leave. But to say that they cannot leave their house, and they will be arrested if they do, this is fascist. This is not democratic. This is not freedom. Give people back their goddamn freedom.”
(Leaving a place of residence is not a crime in California under Covid-19 health orders.)
Go there and listen to loud shouting. More next week.