Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Mahi Sall is the CEO & Founder of FinXpair, a Berlin-based strategic advisory boutique firm focu[...]
Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings call
CNBC | Lauren Feiner | Apr 29, 2020
Key Points
- Tesla CEO Elon Musk lashed out at government stay at home orders as “fascist” in an expletive-laced rant on Tesla’s Q1 2020 earnings call.
- Musk called shelter in place orders “forcibly imprisoning people in their homes against all their constitutional rights, but that’s my opinion, and breaking people’s freedoms in ways that are horrible.”
- He warned that not being able to resume production at Tesla’s Bay Area plant was a “serious risk.”
Tesla CEO Elon Musk lashed out at government stay at home orders as “fascist” in an expletive-laced rant on Tesla’s Q1 2020 earnings call.
While answering analysts’ questions about liquidity amid the coronavirus pandemic, Musk called shelter-in-place orders “forcibly imprisoning people in their homes against all their constitutional rights.”
Musk said he was concerned about not being able to resume operations at the company’s factory in Fremont, California, saying that possibility should be considered “a serious risk” given Tesla produces most of its cars there in addition to its Shanghai-based plant. Tesla had initially said the factory would remain open despite shelter-in-place orders until the county where it’s located said it could not be considered an essential business. Six counties, including Alameda, where Tesla’s factory is located, recently extended their shelter-in-place orders through the end of May.
See:
IMF: World Economic Outlook April 2020 – The Great Lockdown
A global view of how consumer behavior is changing amid COVID-19
Musk had spoken out about government restrictions on citizens during the coronavirus pandemic earlier on Twitter, but further expressed his opinion on Wednesday’s call while encouraging government officials to invest in infrastructure. He praised China for having “much better” infrastructure than the U.S.
“This is the time to think about the future, and also to ask, is it right to infringe upon people’s rights as what is happening right now?” Musk said.
“I think the people are going to be very angry about this and are very angry. It’s like somebody should be, if 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.”
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