Elon Musk just announced on Twitter that he's reopening his Tesla plant in Fremont and CA Governor Gavin Newsom needs to lay down the law.
Elon Musk’s recent edgy streak hit a crescendo on Monday afternoon. The Tesla CEO proclaimed on Twitter that he would be reopening his Fremont plant, despite orders to stay closed.
He said he would “be on the line with everyone else. If anyone is arrested, I ask that it only be me.”
Why yes, Elon, that actually sounds like the right idea. Elon Musk is putting his workers, some undoubtedly with underlying conditions, at risk while defying state orders.
California Governor Gavin Newsom should arrest this rogue billionaire who’s just out to fatten his pockets. Newsom otherwise risks further mutiny.
This move is just the latest in a series of questionable acts by Elon Musk.
First, he called the State of California “fascist.” Then, at the beginning of May, Musk called Tesla (NASDAQ:TSLA) stock a bubble. He tried to name his newborn son X Æ A-12.
Then, he went on a tirade, threatening to move Tesla headquarters out of California:
While moving Tesla from one of the world’s most electronic-vehicle friendly markets would be a puzzling move, California would no doubt like to keep the thriving company around.
And yet, Newsom called Elon Musk’s bluff by not giving the go-ahead to reopen his plant. Musk has not acted on his decision to move states. Instead, he’s just petulantly forcing the plant to reopen.
Newsom should call his bluff again and have the mogul arrested.
The governor appeared to be surprised during a press conference when a reporter asked him about Musk’s decision.
As it was just mentioned, I need the details of that. My understanding is when I walked up to the podium today that wasn’t the case. I’m trying to monitor hundreds of thousands of businesses all throughout the state of California.
If Gavin Newsom lets Elon Musk defy his authority, how can he expect to rule his self-proclaimed “nation-state”? It’s not like Musk is doing this for anyone but himself.
We already know he’ll get an obscene amount of money if Tesla hits certain milestones. According to Forbes, if Musk hits all of the milestones, he could see a whopping $55 billion over the next decade.
There’s just one little problem: the law.
It appears to be a little problem indeed if Newsom doesn’t act. What will happen if he lets Musk openly, publicly, and loudly, defy his orders?
Newsom already said he has “hundreds of thousands” of businesses throughout the state he must monitor. If Musk gets away with open defiance, other California businesses will likely follow suit.
They’re already starting in Colorado.
Newsom should put his foot down and let Elon Musk know that even billionaires must obey the rules.
Disclaimer: The opinions expressed in this article reflect the author’s opinion and should not be considered investment advice from CCN.com. The author holds no investment position in Tesla at the time of writing.
Last modified: September 23, 2020 1:55 PM