Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings call

share save 171 16 - Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings call

CNBC | Lauren Feiner | Apr 29, 2020

Elon Musk Tesla - Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings call

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: 

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.”

Continue to the full article --> here

 


NCFA Jan 2018 resize - Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings call The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings callFF Logo 400 v3 - Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings callcommunity social impact - Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings call
FFCON20 DIGITAL vertical  - Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings call

NCFA COVID 19 letter to government to support Fintechs and SMEs - Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings call

NCFA Newsletter subscribe600 - Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings call

 

share save 171 16 - Elon Musk says orders to stay home are ‘fascist’ in expletive-laced rant during Tesla earnings call