The Morning with Maria panel discusses Fed policy and the SEC’s call for transparency from private companies.
In a statement on the state of the Union on Tuesday night, President Biden emphasized the fact that more goods are produced “Made in America”.
Biden pointed out that carmakers are contributing to production and job growth.
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The president said companies were choosing to build new factories in the United States when the factories were to be built abroad a few years ago.
He used Ford and General Motors as specific examples, but left one business leader and carmaker.
“Ford is investing $ 11 billion in electric vehicles, creating 11,000 jobs nationwide,” Biden said. “GM is making the largest investment in its history – $ 7 billion to build electric vehicles, creating 4,000 jobs in Michigan.
ILLON MUSK SAYS BIDEN TREATS AMERICANS “AS FOOLS” AFTER THE PRESIDENT MEETS GM, FORD EXECS FOR ELECTRIC CARS
Tesla CEO Elon Musk has objected to what he considers contemptuous.
Musk tweeted Tuesday night that Tesla has created “more than 50,000 jobs in the United States in the electric vehicle industry and is investing more than double GM + Ford combined.”
“Like all that, we created 369,000 new manufacturing jobs in America last year alone,” Biden added.
This was not the first time Musk had shot Biden.
| Ticker | Security | Last | Change | Change% |
|---|---|---|---|---|
| TSLA | TESLA INC. | 864,37 | -6.06 | -0.70% |
Musk I said that President Biden “treats the American public like fools,” after Biden met with executives at rival automakers General Motors and Ford Motor in January.
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The electric vehicle pioneer said in September that the administration was “perhaps a little biased” and “seems to be controlled by the unions”.