President Trump had a few words to say about Tesla (TSLA) and its CEO, Elon Musk, on Thursday, at the signing of congressional resolutions targeting California’s regulations on the adoption of electric vehicles.
Trump touted that his administration abolished the federal government’s EV initiative shortly after taking office.
“Now we know why Elon doesn’t like me so much — which he does actually, he does,” Trump said.
The president said he once asked Musk why he was backing him if he knew his administration would abolish EV mandates in the US.
“He said, ‘Well, as long as it’s happening to everybody, I’ll be able to compete,'” said Trump. “After that, he got a little strange.”
Musk has been Trump’s biggest backer until the two recently had a very public fallout.
“We officially rescue the US auto industry from destruction by terminating to California electric vehicle mandate once and…
