Tesla boss Elon Musk is afraid of a downturn – and exchanged blows with US President Joe Biden. In an internal email quoted by the Reuters news agency, Musk wrote that he had a “super bad feeling” about economic development. In the same email, Musk announced a 10 percent reduction in the workforce.

When asked about the concerns of the entrepreneur and the development at Tesla, US Biden reacted in a press conference on Friday. He referred to the investments and the construction of new electric vehicles by Tesla’s competitors Ford and Chrysler, which belongs to the Stellantis group.

Ford is providing 6,000 new employees and Chrysler is also making a similar investment, Biden told journalists. He also named the US technology group Intel, which intends to invest in the production of computer chips in the USA. “So, you know, good luck for his trip to the moon,” Biden said.

Elon Musk responded immediately to this on Twitter, whose takeover the entrepreneur has announced but has not yet completed. “Thank you, Mr. President,” Musk wrote, posting a link to an order from the US space agency Nasa for his space company SpaceX.

Musk recently announced that he had broken with the Democrats because the party had turned to identity-political issues and voters from big cities. In the past he voted for the party because it was predominantly the party of kindness, he wrote in mid-May. “But they have become the party of division and hate, so I can no longer support them and will vote Republicans.”

Congressional elections will be held in the United States in November. The Democrats are under pressure, among other things, because of the comparatively high inflation.

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