Elon Musk Says Excess Of Regulations An Obstacle For Business In The West: 'It'd Definitely Take A War To Change Things'
Portfolio Pulse from Ananya Gairola
Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), discussed various topics with Ben Shapiro, including DEI, aliens, SpaceX, and business regulations in the U.S. Musk highlighted excess regulation as a significant obstacle for companies in the West, suggesting that historically, wars have reset regulations. He advocated for a 'clean up' process for outdated laws and regulations without the need for war. Musk has previously criticized U.S. government regulations, supporting SpaceX's VP's call for FAA reform to match the pace of American innovation.
January 25, 2024 | 7:01 am
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Elon Musk's comments on excess regulations may resonate with investors who favor a more streamlined regulatory environment, potentially affecting Tesla's business operations and future growth.
While Musk's comments address a general concern about regulations, there is no specific regulatory change or event mentioned that would directly impact Tesla's stock price in the short term. However, his views may indirectly influence investor perception of the regulatory environment's impact on Tesla's ability to innovate and expand.
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IMPORTANCE 60
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