MSNBC's Joe Scarborough ridiculed tech billionaire Elon Musk for tanking his own company as President Donald Trump allows him to slash the government workforce.
The electric vehicle maker will release its first quarter financial reports Tuesday in a conference call after the markets close, but the company's stock has already plummeted 50 percent from its record high as Musk aligns himself with Trump. "Morning Joe" co-host Jonathan Lemire said the Tesla CEO may make some news on that call.
"Speaking of Musk, we should note today there's a Tesla earnings call," Lemire said. "Some people believe that Musk in that call might reveal how much longer he's going to stay working for the administration."
Host Joe Scarborough said the damage might be hard to undo.
"Their problem is, part of the problem is a political problem," Scarborough said. "Obviously, the very areas where he used to get the most, you know, whether you look at California or, let's just say, bluer states where he'd find most of his [electric vehicle] customers, those cells are drying up.
"You look at France, you look at Germany, you look at the EV sales in Europe getting absolutely pounded because, again, he got involved unnecessarily in far-right politics to little to no effect. In fact, God, have you looked at the numbers in Canada lately? I mean, [Prime Minister Mark] Carney is going to probably win an outright majority there. You look at what's happened across Europe? It's not working."
"All he's doing is damaging his brand, and then China, I mean, if this were just politics, that would be one problem with Tesla," Scarborough added. "The problem is he's getting lapped in China on technology.
"I'm not giving Elon Musk advice, but ... I think it is time to go back to your day job. I mean, he's getting pounded, Tesla is getting routed."
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