Tech billionaire Elon Musk is suffering the consequences of the growing unpopularity of President Donald Trump’s policies, which the head of the Department of Government Efficiency has become deeply associated with, according to MSNBC’s Rachel Maddow.
The primetime host on Tuesday delivered a bruising assessment of the damaging effect Musk’s connection to the Trump White House has had on his electric car company, Tesla.
“President Trump's top campaign donor, his car company just had a 71% plunge in profit year to year,” Maddow said Tuesday. “And they were lucky to have that.”
Maddow, during her show’s opening minutes, told viewers that there was no “mystery” behind the dramatic decline in Tesla profits as she made clear that Musk had only himself to blame for the “disastrous day.”
“It’s not like a business world secret why this is happening. This is happening because of the guy who's the head of the car company,” she said. “The company is repulsed by Elon Musk. The company is repulsed by what The New York Times gently describes tonight as ‘Mr. Musk's support of far-right causes. The country really does appear to be just repulsed by President Donald Trump installing Musk, his top campaign donor, in a secretive, totally opaque, newly created pseudo-agency in which his job appears to be to destroy as much of the U.S. government as possible.”
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Maddow continued to lay into Musk’s intimate involvement in slashing through the federal budget through mass layoffs and deep cuts to government programs.
“What do we think of when we think of Elon Musk now?” she asked. “We think of every fired park ranger, every line of old people and disabled people that's out the door at a totally beleaguered and no longer functional Social Security office. We think of every cancer researcher whose study was defunded midstream. We think of everybody who you know who's about to be handed over to the tender ministrations of a collection agency because of their student loans.”
She added: “We think of every HIV and tuberculosis and severe malnutrition miracle treatment program that was working great and saving millions of lives, but that inexplicably was cut off with no warning because of Elon Musk.”
Maddow concluded that the developments at Tesla have been "just a catastrophe."
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