Senator Chris Murphy (D-CT) alleges that President-elect Donald Trump's second term will resemble an 'oligarchy' serving the interests of Tesla CEO Elon Musk and the 'billionaire class'. Murphy argues that Musk seeks proximity to the White House to benefit from government policies, including subsidies, and to manage relationships with China, a nation crucial to his business. He cites Musk as a prime example of the 'oligarchs, billionaires, and corporate titans' surrounding Trump, claiming they aim to exploit ordinary Americans for their own financial gain.
Senator Chris Murphy claimed Friday on MSNBC’s “All In” that President-elect Donald Trump ’s second term will be an “oligarchy” in service of Tesla CEO Elon Musk and the “billionaire class.”
He continued, “Musk is trying to get close to the White House because he makes his billions off of government policy. He makes tons of money off of production in China, so he was to manage the relationship in China so he can continue to make lots of money, and the car subsidies and rocket subsidies that come through the federal government are a big deal to him as well.
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