A few hours before Tesla reported record profit and sales for 2021, President Joe Biden met with the company’s biggest competitors at the White House to applaud their efforts–with Tesla CEO Elon Musk notably absent.
Tesla's Shanghai Gigafactory and the Chinese market have become a key driver for the company's profitability.The apparent mutual disdain between Musk and Biden is a curious development considering that support from the Obama administration, when Biden was vice president, was instrumental in Tesla’s early success.
While Musk was touting Tesla’s successes, Biden was extolling the virtues of Mary Barra, GM’s CEO, Ford CEO Jim Farley and CEO Tim Linebarger of Cummins.
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