Biden is trying to promote interest in the segment of production and sales of electric cars. Among other things, he does it by talking publicly about them and their products and writing about them on Twitter. But so far, he has mentioned manufacturers other than Tesla – Musk’s company, which is a pioneer in the market and also the largest manufacturer of electric cars in the United States.
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That’s why the richest man on the planet has been ratcheting up the pressure on Biden in recent months. He wondered why the president, for” mysterious reasons, cannot pronounce the word Tesla, “and responded to the US president’s tweet that”companies like GM or Ford are making more electric cars at home than ever before” with a sarcastic remark ” it starts with a T, ends with an A, and in the middle is an ESL.” He has previously let it be known that Biden is “dominated by the unions”, and in late January in a tweet called him loosely translated “old moldy puppet”.
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Biden is a damp 🧦 puppet in human form
— Elon Musk (@elonmusk) January 27, 2022
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However, instead of problems, it brought him fruit. “Since 2021, companies have reported investments of more than $ 200 billion here in America. From iconic companies like GM and Ford to Tesla, the largest manufacturer of electric cars…, “Biden said in a speech shared on Twitter.
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Breaking: president Biden just acknowledged Tesla as the nations largest electric vehicle manufacturer! @elonmusk
“From iconic companies, like GM and Ford building out new electric vehicle production, to Tesla, our nations largest electric vehicle manufacturer.” pic.twitter.com/CRYvQzWGZP
– Sawyer Merritt (@SawyerMerritt) February 8, 2022
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Thus, Musk achieved his goal. However, the omission of Tesla in Biden’s speeches was noticed not only by him, but also by the public. In order for the White House to stop boycotting it, an online petition was even created, which was signed by tens of thousands of people.
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Elon Musk, who is currently the richest man on the planet, uses Twitter as an effective tool for his financial policy. The latter is virtual, in the sense that it creates the impression of the upcoming action and thus affects the price of selected shares in the desired direction.
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As an example, Musk’s May tweet that it will be possible to buy electric cars for bitcoin, which he later took back. In 2020, Musk’s tweet that he thought his company’s stock was too expensive was enough to send Tesla shares down 10% in the short term.
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Tesla stock price is too high imo
— Elon Musk (@elonmusk) May 1, 2020
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