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Elon Musk’s father told Sky News that protesters who target the cost of his son’s costs for the US government are “bums”.
In an interview with Business Live, Errol Musk responded to a growing setback among US taxpayers and Tesla customers against the role of his son in the Trump administration-created Department of Government Efficiency (DOGE).
The electric car firm has increasingly become the topic of sales boycotts and protests – none of them were transferred to the US, although traders there saw vehicles vandalized and even set on fire.
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‘Elon Musk must go’
Musk Sr. told presenter Darren McCaffrey: “To take note of the bums trying to hurt Tesla By damaging cars, it’s just as stupid. No one does, you know, you use your brain … and (it) tells you that these people are the problem, not the car. ‘
The anger aimed at Elon Musk was ‘Media Hype’, he said, while also rejecting the growing discomfort among Tesla investors that his son’s most important business interest suffered at a time when the challenges it faces are only increasing.
Earlier this month, one of Tesla’s earliest investors, Ross Gerber, told Sky News. Musk have to step down As CEO of the electric car manufacturer unless he has left his job for the Trump administration.
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“I think Tesla needs a new CEO”
His concerns were bad publicity and Mr. Musk’s ability to devote enough time to Tesla.
It was revealed last week that Tesla Sales dropped by 40% in Europe and was behind that of the cheaper Chinese rival annually.
Mr. Musk himself has since warned that he has a ‘significant’ hit to Tesla from Mr. Trump’s metal tariffs and threatening duties expected on all US car imports and auto parts.
He also hinted in an interview with Fox News over the weekend that he could have more time on his hands soon, as most of his work must be completed at the at the end of May.
Errol Musk denied any suggestions that his son was too much stretched, saying that there were good people with Tesla to delegate the daily business, while Elon completed ‘important work’ for US taxpayers, given the state of the country’s increasing debt pile.
“He has a lot of ability to do that. Don’t worry about it, ‘he said, predicting that Tesla shares would recover to $ 600 a share by the end of the year. They are currently changing hands for $ 254.
“There’s no concern there, not at all,” he said.
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