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Us President Joe Biden has been actively promoting climate and environmental issues, especially with regard to the development of new energy vehicles. A few days ago, he met with the chief executives of ten car companies, including General Motors and Ford, for an electric vehicle summit. This is the second time that Biden has met with an auto company executive in six months. After the meeting, the White House released a video of communication with GM executive Mary Bora, saying that "GM, Ford and other companies are producing new electric vehicles in the United States." The move attracted not only complaints from American netizens, but also direct complaints from Musk.

Musk, CEO of Tesla, posted two messages aimed at Biden on the social network in succession. Musk first called Biden a "humanoid puppet" on Thursday, then made a direct roll call and added a knife. "Biden treats the American public like a fool." it was clear that Biden would not respond to the criticism, but Tesla's share price then tumbled 11%.

Biden praised the chief executives of General Motors, Ford and engine maker Cummins for their work on electric vehicles at the meeting a few days ago, but during the meeting and in subsequent videos and press releases, Tesla's name was not mentioned at all. Tesla has just completed 936200 electric vehicles in the past 2021, but compared with GM, which appeared in the video by Biden, only 26 electric vehicles were sold in the fourth quarter because of the suspension of production caused by battery problems. compared with the results of the two, GM's performance in electric is not a fraction of Tesla's. Musk's claim that "Biden treats the American public like a fool" is clearly not entirely without reason.

When Biden signed an executive order in August 2021 requiring the cars sold in the United States to be fully electrified by 2030, Biden also invited the executives, but ruled out Musk. Tesla's chief executive thought the Biden administration was biased against them at the time. Tesla is the leader of the global electric car industry, Biden does not seem to like it, and Biden's predecessor, Trump, highly praised and supported Musk, perhaps to express Biden's dissatisfaction with his predecessor's position. and deliberately ignore Tesla in view of Musk's style.

In most cases, some of the content released by Musk can indeed increase public attention to Tesla. Tesla broke out in the fourth quarter of 2021, with excessive market capitalization and sustained growth. Attention is also a key factor. But not all quarrels are beneficial. Musk's past disputes with the Securities and Exchange Commission led to his loss of his post as chairman of Tesla. In 2018, he said he would arrange for Tesla to be privatized and subsequently fined $20 million, while NHTSA is also conducting a security investigation into Tesla's controversial Autopilot system. Fortunately, his success on Tesla enabled him to afford the trouble caused by these comments. The Securities and Exchange Commission, the Internal Revenue Service, the National Highway Traffic Safety Administration, the Department of Transportation and the Department of Labor all regard this wealthy man as the object of concern.

On the contrary, Mr Biden is unlikely to be affected by his frosty relationship with Mr Musk. He doesn't rely on Musk's money, nor does he rely on his approval. What's more, because Musk moved from California to Texas, it's not the key state that Biden needs to focus on. In some ways, there is no price to exclude him. President's support usually comes from finance and traditional industries, and Musk looks more like an open-ended businessman, and Biden's low approval rating is also the reason why Musk can directly laugh at Biden. Biden did not retaliate for this. But Wall Street shot but Tesla's share price plummeted, and Musk personally lost 24.5 billion dollars. The stock edged up 2 per cent yesterday to close at $846.35.

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