
In a recent interview, Tesla Inc (NASDAQ:TSLA) CEO, Elon Musk said about the UAW (the United Auto Workers labor union), “They have so much power over the Whitehouse, they can exclude Tesla from an EV (Electric Vehicle) summit.” The referenced EV summit was held in August of 2021, where President Joe Biden discussed the promising future of Electric Vehicles.
While President Biden has now referenced Tesla when discussing the future of EVs, that wasn’t always the case. President Biden lauded the likes of Ford Motor Company (NYSE:F) and General Motors Company (NYSE:GM) for being American-made and the future of the county.