CORONAVIRUS | Facebook’s head endorses measures while Tesla’s founder condemned them as anti-democratic.
Silicon Valley billionaires Elon Musk and Mark Zuckerberg offered duelling views on lockdown measures designed to slow the spread of the coronavirus on Wednesday, with Facebook’s Zuckerberg endorsing the measures while Tesla’s Musk condemned them as anti-democratic.
“I worry that reopening certain places too quickly before infection rates have been reduced to very minimal levels will almost guarantee future outbreaks and worse longer-term health and economic outcomes,” he said. Electric carmaker Tesla and social media network Facebook have had different experiences under the lockdown. Tesla had initially resisted efforts by California authorities to shut its plant in the Bay Area under the lockdown, until agreeing on March 19 to suspend production. Even so, Tesla on Wednesday reported its third profitable quarter in a row.
“It will cause great harm, not just to Tesla, but to any companies. And while Tesla will weather the storm, there are many small companies that will not,” he said.
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