feeling about the economy. he said he wants to cut about 10% of tesla s work force. that is a big deal. and this actually came up during the president s press conference. president biden was asked about this. president biden pointed out while tesla might be talking about layoffs, other companies are adding jobs. he talked about how ford and chrysler and intel are actually hiring people. he also pointed out those are union jobs and tesla s are not. and the president also had this interesting remark where he said lots of luck on his trip to the moon, referring to elon musk and his spacex adventure. i think his message might have been to stay in your lane, to elon musk, but a lot of back and forth we re seeing between political leaders and business leader who is are getting concerned about the economy. matt eagan and gina. thank you both so much. the tight labor market is putting the squeeze on the travel industry. airlines are battling staff
economy. with steady growth. the president says inflation, it s his number 1 domestic priority while admitting there s nothing that he can do to bring prices down for anything including gas. he may head to the middle east to ask saudi arabia for help this summer. there s a possibility that i would be going to meet with the israelis and the arab countries including i expect what would be saudi arabia if i did go. i have no direct plans at the moment. something this president really doesn t seem to have patience for is a warning about the economy from the world s richest man. elon musk says he has a super bad feeling about the u.s. commercial. elon musk is talking about that. ford is increasing their investment overwhelmingly. lots of luck on his trip to the moon. musk heard that.
arabia? elon musk has said he has a super bad feeling about the u.s. economy. and jamie diamond said the same thing. president biden: elon musk is talking about that ford is increasing their investment overwhelmingly. ford is increasing the investment in building new electric vehicles, 6,000 new employees, union employees, i might add, in the midwest. the former chrysler corplation are also making similar investments in electric vehicles. intel is adding 20,000 new jobs for making computer chips. so, you know, lots of luck in his trip to the moon. are you going to saudi arabia? i am not sure whether i m going. i have no direct plans at the moment. let me tell you that i have been engaged in trying to work
feeling about the economy per reuters. so, you know, lots of luck on his trip to the moon. thanks, mr. president nasa hiring musk company for $2.9 billion to bring to the moon. part of the artemis program. look forward to the first japanese astronaut joining us to the surface under the artemis program. the world s most powerful man and the world s richest man continue trading barbs and this is the most direct, if not playful jab the president has taken at musk since musk said he thinks the most powerful person here is whoever controls the president s teleprompter. bret? bret: peter doocy, life on the north lawn, thank you. everyone creasing concerns about another federal reserve interest rate hike had wall street in the red today. the dow lost 349. the s&p 500 dropped 68. the nasdaq fell 304. for the week the dow lost about
has a super bad feeling about the u.s. economy coming up 10%. jamie dimon said similar things. elon musk is talking about that ford is increasing their investment overwhelmingly. i think ford is increasing investment building new electric vehicles, 6,000 union employees in the midwest. the former chrysler corporation are also making similar investments in electric vehicles. intel has added 20,000 new jobs, making computer chips. so, you know, lots of luck on his trip to the moon. i mean, you know mr. president going to saudi arabia? i m not sure. i have no direct plans at the moment, but let me tell you i have been engaged in trying to work with how we can bring more