logo
‘I ran with it': Elon Musk regrets wielding chainsaw at CPAC; says ‘it lacked empathy'

‘I ran with it': Elon Musk regrets wielding chainsaw at CPAC; says ‘it lacked empathy'

Time of India16 hours ago
Elon Musk (AP)
US President Donald Trump's former ally
Elon Musk
, the CEO of
SpaceX
and Tesla has on Wednesday expressed his regret over wielding a chainsaw at the Conservative Political Action Conference (CPAC), that he attended earlier this year.
Musk was announced as a speaker at that event and had met with Argentine President Javier Milei who had frequently appreciated Musk. The chainsaw became a symbol for the federal budget being slashed beyond recognition.
Earlier today Musk had posted on X, 'Hitting the debt ceiling is the only thing that will actually force the government to cut waste and fraud. That's why the debt ceiling legislation exists!'
Replying to a comment on the post that said that Musk shouldn't have 'taken the chainsaw on stage and acted a fool' and could have 'gotten more done' if he was not concerned about 'looking cool', Musk responded 'Valid point.
Milei gave me the chainsaw backstage and I ran with it, but, in retrospect, it lacked empathy.'
At the event, Musk was welcomed with huge cheers and he appeared on stage with a hat that read 'Make America Great Again', as reported by AP. The Argentine leader then took the stage holding a red chainsaw and passed it onto Musk Engraved onto it was the slogan 'Viva la libertad, carajo,' which is the Spanish for 'Long live liberty, damn it.'
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Giao dịch vàng CFDs với sàn môi giới tin cậy
IC Markets
Tìm hiểu thêm
Undo
Trump and Musk are embroiled in a dispute over the Trump administration's 'Big Beautiful Bill.' Trump claimed that without taxpayer funding, Musk wouldn't have been able to build electric cars, launch rockets, or run satellite services.
The US president issued a warning earlier today through a post on Truth Social that the Tesla and SpaceX CEO might have to 'head back home to South Africa' without the financial support of federal subsidies. ' Our country would save a FORTUNE' Trump wrote on a post on Truth Social. 'Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!' he added.
To this Musk responded on X 'So tempting to escalate this. So, so tempting. But I will refrain for now.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Big Beautiful Bill House vote: Victoria Sparta to Keith Self These Republicans voted against Trump's spending bill
Big Beautiful Bill House vote: Victoria Sparta to Keith Self These Republicans voted against Trump's spending bill

Hindustan Times

time33 minutes ago

  • Hindustan Times

Big Beautiful Bill House vote: Victoria Sparta to Keith Self These Republicans voted against Trump's spending bill

Jul 03, 2025 07:51 AM IST The US House of Representatives carried out a procedural vote on President Donald Trump's tax and spending bill on Wednesday ahead of the key deadline of July 4 set by the President to get the bill passes. The latest procedural vote turned out to be another setback for the GOP House Representatives backing Trump as one more GOP Congressman flipped against the bill taking the total tally of votes against to four. Speaker of the House Mike Johnson speaks to the press ahead of House vote on Trump's Big Beautiful Bill. (REUTERS) The House GOP needs 217 votes to get the bill passed. In the latest test vote, 181 Republicans voted in favor, four voted against, and 35 did not vote. The four GOP House Reps. who voted against the bill were Andrew Clyd, Victoria Sparta, Keith Self and Brian Fitzpatrick.

Trump is now more responsible for the economy than Biden, voters say
Trump is now more responsible for the economy than Biden, voters say

Mint

time37 minutes ago

  • Mint

Trump is now more responsible for the economy than Biden, voters say

Voters now agree: It's President Trump's economy. Trump voters are now likelier to say that he is more responsible for the current state of the economy than to say that former President Joe Biden is, by a margin of 46% to 34%, according to YouGov survey data gathered for The Wall Street Journal between June 17 and 20. Trump voters had been likelier to pick Biden before last month. People who voted for Kamala Harris have overwhelmingly said Trump was more responsible for the economy since YouGov put the question to Americans in March. There's no scientific answer to who owns the economy. But the question serves as a sort of Rorschach test, with voters answering based on a mix of political affiliations, media diets, personal finances and traditional economic indicators. 'I think we're still cleaning up the Biden-Harris mess," said Eladio Cruz, a 39-year-old salesman in Olathe, Kan., who voted for the president last November. 'But are the improvements in the economy that I'm seeing related to Trump? I say yes." Cruz said he is pleased with the administration's efforts to ramp up oil production and bolster American manufacturing. He remains irked by the level of gasoline prices and interest rates, but doesn't think those are Trump's fault. More Americans say it is Trump's economy in part simply because of the passage of time. But his raft of new policies, including a slew of tariffs whose magnitude and targets have changed often, have also prompted many voters to assign credit or blame to him. Some 84% of Trump voters approved of his handling of jobs and the economy, in a YouGov poll from late June. Nearly nine in 10 Harris voters disapproved. Many Trump voters say the economy is headed in the right direction, but tariffs in particular have weighed on consumers' outlook among both parties. The University of Michigan's consumer-sentiment index had a string of grim readings during the spring, though it rebounded somewhat in June. The partisan gap in voters' views can diminish when economic indicators are sending a clear and obvious message, such as during a severe downturn, according to John Sides, a political scientist at Vanderbilt University. Today's economy is more ambiguous. Inflation is down but still above the Fed's target. Tariffs are creating uncertainty for businesses, but stocks have been hitting record highs. Meanwhile, private-sector employment shrunk for the first time in two years, payroll processor ADP said Wednesday. 'In that environment, you can in some sense pick and choose economic indicators which match what your partisanship would tell you," Sides said. Ruby Becker said she has been happier with prices on diapers, dog food and concert tickets this year, but said that she could be happier still. The 42-year-old attorney in Mesa, Ariz., voted for Trump and thinks that Biden is still to blame for the prices she sees. She said it is still too early to put them on Trump. 'I'd like to see on January 20th, 2026, how different it is," Becker said. Democrats have had a sour view of the economy since last year's election, and Harris voters were quicker than Trump voters to say in YouGov surveys that the state of the economy rested more with him. To Sireeda Miller-Ramos, the economy switched from Biden's to Trump's after the latter's swift changes to trade and immigration policy. 'Around April, I was like, 'This is yours,'" said Miller-Ramos, a 44-year-old finance director in Silver Spring, Md., who voted for Harris. While presidents certainly have some influence on the economy, researchers say voters often overestimate the extent of it. 'The population has a long history of blaming presidents for things as extreme as gas prices, which are largely set on international markets, where there are very few levers that a president has," said Neale Mahoney, an economist at Stanford University. Nonetheless, voters tend to credit their preferred leaders with wins and pin losses on opponents. A few months after Biden took office in 2021, consumer sentiment among Democrats was relatively high, and Biden voters said it was already his economy in a YouGov poll in May of that year. But as inflation took off and sentiment sank in the ensuing months, those voters started to blame Biden's predecessor instead. Nearly eight months after Trump's first term ended, they were more likely to say that he was responsible for the economy's state than that Biden was. Today, partisanship shapes voters' expectations about Trump's tariffs. Some 80% of Democrats said that tariffs would increase inflation, versus 54% of Republicans, in a survey conducted by Harvard University economist Stefanie Stantcheva between mid-April and mid-May. George Georgountzos voted for Trump last year and is generally pleased with his handling of the economy. Georgountzos, a 55-year-old lawyer in Stoneham, Mass., said he looks at Trump's tariffs primarily as a ploy to strike favorable trade deals rather than an enduring policy. 'Short-term, they bother me, that the prices are going to go up for stuff," he said. 'Long-term, I think it's going to lead to stability and it's going to be a good thing for the United States." Write to Joe Pinsker at

Gold falls after US-Vietnam trade deal; US payroll data eyed
Gold falls after US-Vietnam trade deal; US payroll data eyed

Economic Times

time41 minutes ago

  • Economic Times

Gold falls after US-Vietnam trade deal; US payroll data eyed

FUNDAMENTALS Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Gold prices declined on Thursday after a U.S.-Vietnam trade deal eased tensions, while investors awaited the U.S. payroll data later in the day for clues about the Federal Reserve's policy path.* Spot gold lost 0.3% to $3,345.57 per ounce as of 0029 GMT, while U.S. gold futures fell 0.1% to $3,356.60.* The U.S. will impose a lower-than-promised 20% tariff on various goods from Vietnam, President Donald Trump announced on Wednesday. The Southeast Asian nation is the U.S.'s tenth-largest trading partner.* Meanwhile, U.S. and India negotiators pushed to finalise a tariff-reducing deal ahead of Trump's July 9 deadline. However, disagreements around U.S. dairy and agricultural exports remained unresolved, sources familiar with the talks said.* Trump has indicated no signs of extending the negotiation deadline despite stalled discussions with Japan, another key trade partner, but expressed optimism about an India deal.* Data released by ADP showed U.S. private payrolls dropped by 33,000 jobs in June, marking the first decline in more than two years, as economic uncertainty hampered hiring. Meanwhile, low layoffs continued to anchor the labour market.* Investors are now awaiting the non-farm payrolls report on Thursday, which is expected to show an addition of 110,000 jobs in June, down from 139,000 in May, according to a Reuters poll.* The market currently anticipates a 66-basis-point rate cut by the Fed this year between September and December.* Non-yielding gold tends to perform well during economic uncertainty and in a low-interest-rate environment.* Meanwhile, Republicans in the House of Representatives struggled to pass Trump's massive tax cut and spending bill as a handful of hardliners withheld support over concerns about its cost.* Spot silver fell 0.6% to $36.36 per ounce, platinum lost 0.5% to $1,412.13 and palladium shed 0.4% to $1,150.28. DATA/EVENTS (GMT) 0030 Japan JibunBK Comp Op, SVC PMI Final SA June 0145 China Caixin Services PMI June 0750 France HCOB Services, Composite PMI June 0755 Germany HCOB Services, Composite Final PMI June 0800 EU HCOB Services, Composite Final PMI June 0830 UK S&P GLOBAL PMI: COMPOSITE - OUTPUT June 0830 UK Reserve Assets Total June 1230 US Non-Farm Payrolls, Unemployment Rate, Average Earnings YY June 1230 US International Trade $ May 1230 US Initial Jobless Clm 28 June, w/e 1345 US S&P Global Comp, Svcs PMI Final June 1400 US Factory Orders MM May 1400 US ISM N-Mfg PMI June 1430 US EIA-Nat Gas Chg Bcf 27 June, w/e 1430 US Nat Gas-EIA Implied Flow 27 June.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store