
President Joe Biden on Thursday said he supported unionization at Tesla, Inc. (NASDAQ:TSLA) and Japanese auto giant Toyota, Inc. (NYSE:TM) while addressing United Auto Workers union in Belvidere, Illinois.
Commenting on his statement, Silicon Valley Entrepreneur David Sacks, who is also a friend of Tesla CEO Elon Musk, said the president is trying to push businesses into “some archaic view of the past.”