Elon Musk publicly criticized Peter Navarro after Navarro defended President Trump's tariffs during a time when stock markets, including Tesla's, experienced significant declines. Musk's comments were made on social media, where he mocked Navarro's qualifications and the effectiveness of the tariff strategy. Navarro, a key advisor to Trump, contended that tariffs were necessary to address trade deficits and asserted that a manufacturing boom was imminent. The tumultuous week marked the worst trading for stock markets in five years, with Tesla shares falling 10% and impacting Musk's wealth significantly.
A PhD in Econ from Harvard is a bad thing, not a good thing. Results in the ego/brains>>1 problem, Musk wrote in a reply to the clip of Navarro.
Navarro argued: Here's the analytical issue we're trying to do under the principle that the president wants to charge those countries what they charge us.
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