Billionaire tech titans for Trump: Here's what to know

Sdílet
Vložit
  • čas přidán 27. 08. 2024
  • Jessica Lessin, The Information editor-in-chief, joins 'Squawk Box' to discuss Silicon Valley's support for Donald Trump, the reason behind some of the tech leaders' support for the former president, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
    » Subscribe to CNBC TV: cnb.cx/Subscri...
    » Subscribe to CNBC: cnb.cx/Subscri...
    Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
    Connect with CNBC News Online
    Get the latest news: www.cnbc.com/
    Follow CNBC on LinkedIn: cnb.cx/LinkedI...
    Follow CNBC News on Instagram: cnb.cx/Instagr...
    Follow CNBC News on Facebook: cnb.cx/LikeCNBC
    Follow CNBC on Threads: cnb.cx/threads
    Follow CNBC News on X: cnb.cx/FollowCNBC
    Follow CNBC on WhatsApp: cnb.cx/WhatsAp...
    www.cnbc.com/s...
    #CNBC
    #CNBCTV

Komentáře • 121

  • @FlanzShirt
    @FlanzShirt Před měsícem +78

    Maybe Elon is upset because Biden invited all the electric car manufacturers to the White House for a conference, except Tesla.

    • @jayltmoon
      @jayltmoon Před měsícem +18

      I know I was upset. The largest producer of EV's not invited to an EV summit. Biden's snub made no sense at all and demonstrated how his policies for EV weren't really serious.

    • @BK-cl9ik
      @BK-cl9ik Před měsícem +1

      So Elon musk didn’t get upset when Trump insulted him publicly that he would bend his knee & he sure did. Got you.

    • @user-di1nr2mt3v
      @user-di1nr2mt3v Před měsícem +5

      I wonder if Biden is even capable of driving a car now.

    • @MathGPT
      @MathGPT Před měsícem +5

      @@BK-cl9ikelon cares about results. You dont get it

    • @BK-cl9ik
      @BK-cl9ik Před měsícem +1

      @@MathGPT what would those results be?

  • @JohnTube2K
    @JohnTube2K Před měsícem +13

    TRUMP 2024!!!

  • @lampsbright8062
    @lampsbright8062 Před měsícem +54

    Notice she is wearing red for this interview. Trump.

    • @FirstyPaul
      @FirstyPaul Před měsícem

      That’s a lame excuse. So the gentleman in blue is democrats?

    • @JohnTube2K
      @JohnTube2K Před měsícem

      So funny colors are even now becoming political. Blue used to affiliated with boys and red with girls… “Lady in Red” is a popular song…. guess it means pro GOP now…. lol

  • @ronsilva7394
    @ronsilva7394 Před měsícem +35

    Maybe they were angry at what has been done to the man .

    • @chuckxu5910
      @chuckxu5910 Před měsícem +2

      Thank you y’all for making America proud and great forever 🇺🇸USA USA USA

  • @Wubby805
    @Wubby805 Před měsícem +3

    "Illegal" immigration, not immigration.
    No one is against legal immigration.

  • @benvarela4472
    @benvarela4472 Před měsícem +26

    That's GREAT!!!!!

    • @cayuun
      @cayuun Před měsícem

      elon made twitter a worthless bot/troll infested platform that enough says a lot

  • @SandiegoDFS
    @SandiegoDFS Před měsícem +19

    Last they aren’t ignoring social issues. Musk has gone red entirely for social issues, this lady is based

  • @teashapal
    @teashapal Před měsícem +7

    Over time Becky Quick has become a shrew.

  • @truefreedom9308
    @truefreedom9308 Před měsícem +18

    Musk was always against EV credits. Get your story straight. How come you don’t know what’s going on? Must spoke out against EV credits all along. And the EV credits are helping only big Auto.

    • @skolvikings354
      @skolvikings354 Před měsícem

      Musk doesent employ UAW. It’s all political. Biden is DONE. Bi-done

    • @felixbudhywidjaja1606
      @felixbudhywidjaja1606 Před měsícem

      Yes, it is true that Elon Musk has been consistently opposed to government credits for electric vehicles (EVs). He has expressed this stance multiple times:
      1. **Opposition to All Subsidies**: Musk has called for the removal of subsidies from all industries, including those for EVs. He believes that this would benefit Tesla more than it would hurt the company[1].
      2. **Anti-Tax Incentive Stance**: Musk has publicly stated that he is against tax incentives for purchasing EVs. He argues that these incentives distort the market and are not beneficial for Tesla's competitiveness[2][3][4].
      3. **Historical Support**: Despite his current stance, Tesla has historically benefited significantly from government subsidies and tax credits. The company has received over $3 billion in government awards since 2007, which have been crucial in its development[1].
      4. **Market Distortion**: Musk's opposition to tariffs on Chinese EVs is also aligned with his broader stance against market distortions. He believes that tariffs and subsidies hinder free trade and market efficiency[2][3][4].
      Overall, while Tesla has benefited from government support in the past, Musk's current stance is to eliminate these incentives across all industries, including EVs.
      Citations:
      [1] www.autoblog.com/2024/07/16/heres-how-teslas-elon-musk-explains-his-support-for-an-anti-ev-presidential-ticket/
      [2] www.reuters.com/business/autos-transportation/elon-musk-im-against-tax-incentives-evs-2024-05-23/
      [3] www.foxbusiness.com/markets/tesla-ceo-elon-musk-opposes-ev-tax-incentives-tariffs-chinese-evs
      [4] economictimes.indiatimes.com/industry/renewables/elon-musk-im-against-tax-incentives-for-evs/articleshow/110382996.cms
      [5] www.semafor.com/article/07/19/2024/why-ev-billionaire-elon-musk-is-supporting-ev-hater-donald-trump-for-president

  • @thomaswilson7441
    @thomaswilson7441 Před měsícem +14

    Actually they're working in their best interests of their stockholders and their investors and their investment Banks, it's a no-brainer

  • @frankieduvall5642
    @frankieduvall5642 Před měsícem +4

    Poor media. Stories like this is hyperventilation alert high for them.

  • @jamiefu6095
    @jamiefu6095 Před měsícem +5

    Elon is hoping to buy a president with 45M per month

  • @MB2501.
    @MB2501. Před měsícem +3

    Great video Mac and Ben created

  • @goldstandardaviation1667
    @goldstandardaviation1667 Před měsícem +1

    Theses "mogals" flipflopped once they saw Trump as the likely winner. Total sleazy behavior.

  • @zevpass
    @zevpass Před měsícem

    Trump is not against EV he is just not against gas powered vehicles…

  • @conormahon3380
    @conormahon3380 Před měsícem +4

    I believe the word is turncoat, these guys would back anyone they think might win

  • @manaoharsam4211
    @manaoharsam4211 Před měsícem +1

    Very Smart comments .

  • @sameertaneja1
    @sameertaneja1 Před měsícem +1

    Jessica Lessin's hatred for Elon is so obvious.

  • @BrianDarcy-1331
    @BrianDarcy-1331 Před měsícem +4

    Musk should go to Utah

  • @obijuan3004
    @obijuan3004 Před měsícem +1

    Musk is no longer in Silicon Valley

  • @GM4ThePeople
    @GM4ThePeople Před měsícem +1

    "Jessica Lessin" is an anagram for "Jail Scenes Sis". o/

  • @JayEs31
    @JayEs31 Před měsícem +1

    Meh, her analysis is quite poor. It does include social issues. She is doing fake and weak, poor topical anslysis

  • @skolvikings354
    @skolvikings354 Před měsícem +10

    There are no tears like liberal and progressive tears

    • @user-od5fh3gn4d
      @user-od5fh3gn4d Před měsícem +1

      Tech bros are nobody's friend, unless you are a rich man or work in tech, or both.

    • @billshun3963
      @billshun3963 Před měsícem

      Envy of tech people in silicone valley

  • @joyupton6325
    @joyupton6325 Před měsícem

    People just want normal again. We want safety, low prices for gas and groceries! A secure border. Peace around the world through strength. Americans don’t want an Authoritarian dictator! We want an America 🇺🇸 first leader always! MAGA 2024 and beyond 🗽🇺🇸⚖️

  • @embarq12
    @embarq12 Před měsícem +1

    Elon is a big government contractor

  • @lilianxu8888
    @lilianxu8888 Před měsícem

    Musk doesn't "control" X, but I understand it's hard for you guys to think of another verb when it comes to media.

  • @ohnoitzrobbee
    @ohnoitzrobbee Před měsícem +16

    trump 2024

  • @joyupton6325
    @joyupton6325 Před měsícem

    No subsidies! If you want one buy one if you don’t, then you don’t have to! The end to EV’s

  • @NM-ze3dh
    @NM-ze3dh Před měsícem

    Trump / Vance 2024!!!!!

  • @darshuetube
    @darshuetube Před měsícem

    tsla can compete against other us EV makers. What he wants is the tariff that blocks the chinese EV. I think that's his calculation.

  • @humanbeing5300
    @humanbeing5300 Před měsícem

    JD Vance is a silicon valley plant.

  • @69pepe420
    @69pepe420 Před měsícem +1

    Goooo crypto!!

  • @lolah-on8rx
    @lolah-on8rx Před měsícem +8

    Yay 🎉🎉🎉🎉 Elon out of California !!!

  • @yagga8885
    @yagga8885 Před měsícem +11

    Country for sale.

    • @Russ-ex8so
      @Russ-ex8so Před měsícem +6

      These are American business leaders, not Chinese. What do you mean country for sale?

    • @Tom-ch4zx
      @Tom-ch4zx Před měsícem

      You mean country for sale by Joe Biden

    • @stlsensimilla
      @stlsensimilla Před měsícem

      ​@@Russ-ex8sohe means the government is for sale.

  • @codecodigo5461
    @codecodigo5461 Před měsícem +2

    Won’t be buying a Tesla, that’s for sure.

  • @maricel4083
    @maricel4083 Před měsícem +1

    People need is work. Not private businesses. Private business they growth bcz of depth now all against to the federation bcz of their obligations in tax... you played private . Pero ako anhin ko naman makipag laro sa mga jocker card samantalang nasa kamay ko lahat nang clase nang cards?????? Mean of lead politician's

  • @dankuo8561
    @dankuo8561 Před měsícem +3

    When you look at the issues that are foundational such as the freedom of speech, worship and take care of your family, these have diminished under the democrat leadership over the years.

    • @peterjean5403
      @peterjean5403 Před měsícem

      Biden is stopping you from worshipping? Hahahaha. Ok, this is a first. And you don't have freedom of speech? LOL ok.

    • @reychatillon7431
      @reychatillon7431 Před měsícem

      Careful they’ll call you a racist for noticing that

    • @sophiasage1379
      @sophiasage1379 Před měsícem

      😮u have it backwards

  • @joanduarte7741
    @joanduarte7741 Před měsícem

    Fake go and ask them to support him joke

  • @tuffneggah
    @tuffneggah Před měsícem

    exploiters

  • @timaweyyne
    @timaweyyne Před měsícem +5

    Elan made Twitter Troll infested platform that says alot

  • @ns281
    @ns281 Před měsícem

    nobutt

  • @Stephine-un5zs
    @Stephine-un5zs Před měsícem

    Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
    .

    • @Manselus-mn1mn
      @Manselus-mn1mn Před měsícem

      Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.

    • @Cinthia-gk3ip
      @Cinthia-gk3ip Před měsícem

      Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.

    • @SirBenjamin-oq1wd
      @SirBenjamin-oq1wd Před měsícem

      Due to the market falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this teacher?

    • @Cinthia-gk3ip
      @Cinthia-gk3ip Před měsícem

      Angela Lynn Shilling is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @SirBenjamin-oq1wd
      @SirBenjamin-oq1wd Před měsícem

      She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @tayoukachukwu3105
    @tayoukachukwu3105 Před měsícem

    It seems there is very little diversity in tech political support. Practically everyone in the valley supports one party, the democrats, and it almost seems anathema to support republicans. So much for diversity and inclusion in the Valley. Does it seem odd that the mainstream media does not seem to comment much on the fact (and maybe danger) that practically most billionaires in the US support one party, the democrats, but instead obsess over the few that decide to go against the tide and support Republicans. Then which party is actually controlled by the billionaires? Happy to see some change

  • @damonkatos4271
    @damonkatos4271 Před měsícem +1

    Trump posted huge non covid deficits. About double of Biden.

  • @grahamashe9715
    @grahamashe9715 Před měsícem

    Malthusians will tend to support Malthusians. And the tech industry is overrun by them. And we know Trump isn’t an avowed Malthusian.

  • @chrisr326
    @chrisr326 Před měsícem

    Very rare to see Anglo Saxon descendants reporting for CNBC anymore. Just the same ho hum from the tired old wandering tribe. Who owns CNBC? 🤐😅

  • @peppifree123
    @peppifree123 Před měsícem

    Traitors

  • @usntheboy1
    @usntheboy1 Před měsícem +3

    Trump 2024!

  • @dianeandandrew
    @dianeandandrew Před měsícem

    Ha ha

  • @maltlickytexas
    @maltlickytexas Před měsícem +1

    A South African supporting a racist Presidential Candidate. What a surprise!🤣🤣

    • @damham5689
      @damham5689 Před měsícem

      Considering its the white south african Apartheid Clyde, him supporting a racist candidate makes perfect sense. 😂😂

  • @Hopdaddy50
    @Hopdaddy50 Před měsícem +2

    #Trump2024

  • @superblondeDotOrg
    @superblondeDotOrg Před měsícem

    Where are the Billionaire WOMEN and which politics are THEY investing in?

    • @user-od5fh3gn4d
      @user-od5fh3gn4d Před měsícem

      Men in tech want to dehumanize women in order to experiment with our bodies, and then exterminate us for female robotics and artifical wombs.

  • @ns281
    @ns281 Před měsícem

    anti USA ytub

  • @ns281
    @ns281 Před měsícem

    URWE