'Lots of luck on his trip to the moon': Biden responds to Elon Musk's economic doubts

President Biden on Friday responded to Elon Musk's recent doubts about the U.S. economy, saying he wished the Tesla CEO 'lots of luck on his trip to the moon.'

When the president was asked about Musk's and Dimon's views, he noted Ford Motor Company's increasing investment in employees and electric vehicles.

"While Elon Musk is talking about that, Ford is increasing their investment overwhelmingly," Mr. Biden said."I think Ford is increasing investment in building new electric vehicles, 6,000 new employees, union employees I might add, in the Midwest." The president also boasted about an electric vehicle investment from Chrysler's parent company, Stellantis.

"Intel is adding 20,000 new jobs for making computer chips," he said."So, you know, lots of luck on his trip to the moon."

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