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    For Elon Musk, the personal is political – but his march to the right affects us all

    The personal is political. The phrase was popularized by 1960s second-wave feminism but it sums up Elon Musk’s ideological journey. Once a “fundraiser and fanboy for Barack Obama”, to quote his biographer, Walter Isaacson, the sometime world’s richest man now plays thin-skinned, anti-woke warrior – a self-professed free-speech purist who in fact is anything but.His rebranding of Twitter to X having proved a disaster, he flirts with antisemites for fun and lost profits. He threatens the Anti-Defamation League with a multibillion-dollar lawsuit. The ADL never suggested the name “X”. That was a long-term fetish, now a clear own-goal.Like the building of Rome, Musk’s march to the right did not take only one day. A series of events lie behind it. Musk is a modern Wizard of Oz. Like the man behind the curtain, he is needy. According to Isaacson, outright rejection – and gender transition – by one of Musk’s children played an outsized role in his change. So did Covid restrictions and a slap from the Biden White House.In March 2020, as Covid descended, Musk became enraged when China and California mandated lockdowns that threatened Tesla, his electric car company, and thus his balance sheet.“My frank opinion remains that the harm from the coronavirus panic far exceeds that of the virus itself,” he wrote in an intra-company email.But Musk jumped the gun. Moloch would take his cut. In the US, Covid has killed 1.14 million. American life expectancy is among the lowest in the industrialized west. Thailand does better than Florida, New York and Iowa. For their part, Ohio, South Carolina and Missouri, all Republican-run, trail Thailand. Bangladesh outperforms Mississippi. Overall, the US is behind Colombia and Croatia. Under Covid, Trump-voting counties became killing fields.But in May 2020, amid a controversy with local government in California, Musk tweeted, “take the red pill”. It was a reference to The Matrix, in which Neo, the character played by Keanu Reeves, elects to take the “red pill” and thereby confront reality, instead of downing the “blue pill” to wake happily in bed. Ivanka Trump, of all people, was quick to second Musk: “Taken!”Musk’s confrontation with California would not be the last time he was stymied or dissed by those in elected office. In summer 2021, the Biden administration stupidly declined to invite him to a White House summit on electric vehicles – because Tesla was not unionized.“We, of course, welcome the efforts of all automakers who recognize the potential of an electric vehicle future and support efforts that will help reach the president’s goal. And certainly, Tesla is one of those companies,” Biden’s press secretary said, adding: “Today, it’s the three largest employers of the United Auto Workers and the UAW president who will stand with President Biden.” Two years later, the UAW has gone on strike. At midnight on Thursday, 13,000 workers left the assembly lines at General Motors, Ford and Chrysler.For all of his talk of freedom, Musk sidles up to China. This week, he claimed the relationship between Taiwan and China was analogous to that between Hawaii and the US. Taiwan is “an integral part of China that is arbitrarily not part of China”, Musk said. Such comments dovetail with Chinese talking points. He made no reference to US interests. He is a free agent. It’s not just about Russia and Ukraine.Musk’s tumultuous personal life has also pressed on the scales. In December 2021, he began to rail against the “woke mind virus”. If the malady were left unchecked, he said, “civilization will never become interplanetary”. Musk apparently loves humanity. People, however, are a different story.According to Isaacson, the outburst was triggered in part by rejection and gender transition. In 2022, one of his children changed her name to Vivian Jenna Wilson, telling a court: “I no longer live with or wish to be related to my biological father in any way, shape or form.” She also embraced radical economics.“I’ve made many overtures,” Musk tells Isaacson. “But she doesn’t want to spend time with me.” His hurt is palpable.James Birchall, Musk’s office manager, says: “He feels he lost a son who changed first and last names and won’t speak to him anymore because of this woke mind virus.”Contradictions litter Musk’s worldview. Take the experiences of Bari Weiss, the professional contrarian and former New York Times writer. In late 2022, she was one of the conduits for the Twitter Files, fed to receptive reporters by Musk in an attempt to show Twitter’s bias against Trump and the US right. On 12 December, Weiss delivered her last reports. Four days later, she criticized Musk’s decision to suspend a group of journalists, for purportedly violating anti-doxxing policies.“He was doing the very things that he claimed to disdain about the previous overlords at Twitter,” Weiss charged. She also pressed Musk over China, to his dismay. He grudgingly acknowledged, she told Isaacson, that because of Tesla’s investments, “Twitter would indeed have to be careful about the words it used regarding China.“China’s repression of the Uyghurs, he said, has two sides.”“Weiss was disturbed,” Isaacson writes.Musk is disdainful of Donald Trump, whom he sees as a conman. This May, on X, Musk hosted a campaign roll-out for another would-be strongman: Ron DeSantis. A glitch-filled disaster, it portended what followed. The Florida governor continues to slide in the polls, Vivek Ramaswamy nipping at his heels.Musk remains a force. On Monday, he is slated to meet Benjamin Netanyahu, the indicted rightwing prime minister of Israel who will be in New York for the United Nations general assembly. Like Musk, Netanyahu is not a favorite of the Biden White House. Misery loves company. More

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    ‘Old-school union busting’: how US corporations are quashing the new wave of organizing

    ‘Old-school union busting’: how US corporations are quashing the new wave of organizingVictories at several companies energized organizers, but hostile corporations – and an impotent labor board – stymie negotiationsUS corporations have mounted a fierce counterattack against the union drives at Starbucks, Amazon and other companies, and in response, federal officials are working overtime to crack down on those corporations’ illegal anti-union tactics – maneuvers that labor leaders fear could significantly drain the momentum behind today’s surge of unionization.The National Labor Relations Board (NLRB), the federal agency that polices labor-management relations, has accused Starbucks and Amazon of a slew of illegal anti-union practices, among them firing many workers in retaliation for backing a union. Nonetheless, many workplace experts question whether the NLRB’s efforts, no matter how vigorous, can assure that workers have a fair shot at unionizing.Serving $66 entrees for $18 an hour: the union push at an upscale New York restaurantRead more“We’re seeing the same situation over and over – workers going up against billionaires and billion-dollar companies with an endless amount of resources while our labor laws are far too weak,” said Michelle Eisen, a barista in Buffalo who helped lead the early unionization efforts of Starbucks in that city. “We’re all fighting for the same thing against different companies. We’re all in the same boat. No one denies that there are a lot of obstacles to overcome.”“The labor board is doing its job with the limited resources it has,” she added. “But Starbucks continues to break the law flagrantly.” The union asserts that Starbucks has engaged in illegal retaliation by firing 150 pro-union baristas and closing a dozen recently unionized stores.Echoing many union leaders, Eisen says US labor laws are woefully inadequate because they don’t allow regulators to impose any fines on companies that break the law when fighting against unionization. Starbucks and Amazon deny firing anyone illegally or violating any laws in their fight against unionization.“These workers were supposed to be able to get together without fear of retaliation,” said Lynne Fox, president of Workers United, the union that workers at more than 280 Starbucks have voted to join. “But companies, including Starbucks, have determined that the penalty for retaliation is minimal – and much more appealing than allowing workers to unionize. Violating workers’ rights has simply become part of the cost of doing business.” Labor leaders complain that the penalty imposed for illegal retaliation is often just an order to post a notice on a company’s bulletin boards saying that it broke the law.Newly unionized workers are also frustrated and angry that efforts to reach a first contract are taking so long, with some unions asserting that companies are deliberately and illegally dragging out negotiations – an assertion the companies deny. Workers won breakthrough union victories at Starbucks in December 2021, and the next year saw several other organizing victories. REI workers had a successful union vote in March 2022, Amazon in April, Apple in June, Trader Joe’s in July and Chipotle in August, but none of those companies have reached a first contract.The extraordinary recent wave of unionization that corporate America has faced over the past year has been met with what union supporters say is an equally extraordinary wave of union-busting that has slowed and even stopped some unionization efforts.Shortly after workers at a Chipotle restaurant in Augusta, Maine, petitioned for a unionization vote in the hope of becoming the first Chipotle in the US to unionize, the company shut down the store. The NLRB has accused Chipotle of illegal retaliation and sought to order the fast-food chain to reopen the store. Chipotle says the closing was for legitimate business reasons.Brandi McNease, a pro-union worker at the Chipotle in Augusta, said: “They closed it down because we were going to get our vote and they were going to lose. It’s much easier for a multibillion-dollar corporation to face whatever the consequences are of that then to allow a union into one of their stores.”The NLRB has accused Apple of illegally spying on and threatening workers. The company’s anti-union efforts helped pressure Apple store workers in Atlanta to withdraw their request to hold a unionization election, although workers at Apple stores in Towson, Maryland, and Oklahoma City have voted to unionize.Trader Joe’s closed its one wine shop in New York City days before that shop’s workers were to announce plans to seek a union election. The workers have accused the company of shutting the store to quash the union drive and retaliate against the workers. Trader Joe’s says it didn’t shut the store because of the employees’ organizing efforts.On 17 February, a day after employees at a Tesla plant in Buffalo announced plans to unionize, Tesla fired dozens of workers there. Union supporters complained to the NLRB that Tesla dismissed 37 workers “in retaliation for union activity and to discourage union activity”. Tesla said the terminations had nothing to do with the union drive and were part of its regular performance-evaluation process.The NLRB has brought 75 complaints against Starbucks that accuse it of more than 1,000 illegal actions. Federal judges have ordered Starbucks to reinstate numerous pro-union baristas who they say were fired illegally. The labor board has accused Starbucks of refusing to bargain with workers at 21 stores in Oregon and Washington state. The union asserts that Starbucks is deliberately dragging out negotiations to dishearten union supporters. Starbucks representatives have walked out of dozens of bargaining sessions, refusing to talk so long as union negotiators insist on letting other union members use Zoom to watch the sessions.The NLRB has accused Amazon’s CEO, Andy Jassy, of illegally coercing and intimidating workers by saying they would be “less empowered” if they unionized. NLRB judges have ruled that Amazon fired several pro-union workers illegally, and the board recently accused Amazon of unlawfully terminating one of the most effective organizers at its JFK8 warehouse on Staten Island, where the Amazon Labor Union won a landmark victory for the warehouse’s 8,300 employees last 1 April.Ohio train derailment reveals need for urgent reform, workers sayRead moreAmazon has filed a series of challenges to overturn the union’s Staten Island victory in the hope of not having to recognize or bargain with the union. In January, an NLRB judge upheld the union’s victory, but Amazon said it would appeal.“We know they plan to appeal and appeal and drag things out,” said Christian Smalls, president of the Amazon Labor Union. Smalls voiced frustration that nearly a year after the Staten Island workers voted to unionize, there have been no contract talks.Benjamin Sachs, a labor law professor at Harvard, admits to some surprise that several supposedly progressive companies are using hardball anti-union tactics. “What we have is new economy companies using the old, anti-union playbook on a national scale and in a way that people are paying attention to,” Sachs said.“It’s not new, but it’s more prominent: firing union organizers, threatening to close stores, closing stores, not bargaining, holding captive audience meetings, selective granting of benefits. To observers of labor, this has been going on for a long time. What’s different is these companies that hold themselves as different and progressive – they’re proving they’re not. There’s a dissonance between these brands’ progressive image and their old-school union-busting.”Amazon has repeatedly denied any illegal anti-union actions. It said: “We don’t think unions are the best answer for our employees” and “our focus remains on working directly” with our them “to continue making Amazon a great place to work”. Amazon argues that the union’s win on Staten Island “was not fair, legitimate or representative of the majority” and should therefore be overturned, maintaining that the union illegally intimidated and harassed anti-union workers and illegally distributed marijuana to win support.Tesla fires more than 30 workers after union drive announcementRead moreStarbucks denies that it fired any pro-union baristas unlawfully, saying that those workers were dismissed for misconduct or violating company rules. The company denies that it is deliberately dragging out negotiations, saying: “Counter to the union’s claims, Starbucks continues to engage honestly and in good faith while ensuring actions taken align with decades of case law and precedent.” It added: “We’ve come to the table in person and in good faith for 84 single-store contract bargaining sessions since October 2022.” Starbucks acknowledges that it has walked out of bargaining sessions because the workers “insist on broadcasting” the sessions “to unknown individuals not in the room and, in some instances, have posted excerpts of the sessions online”.Leaders of the Starbucks union say they have repeatedly pledged that the workers would not broadcast, record or post excerpts of the bargaining sessions. Furthermore, they ask why Starbucks refuses to let union members watch the negotiations by Zoom when it allowed that practice during the pandemic and so many other companies allow the use of Zoom during negotiating sessions. For its part, Starbucks has accused the union of failing to bargain in good faith, a claim the union says is ludicrous.One study found that after workers won union elections, 52% of the time they were without a first contract a year later and 37% of the time without one two years later. Many companies drag out contract talks as long as they can in order to dishearten workers and show that there’s little to gain by unionizing and because they know they save money on wages and benefits by delaying – or never reaching – a first union contract. Moreover, many companies prolong contract talks in the hope that union members will grow frustrated with their union and vote to decertify it.Sarah Beth Ryther, a leader of the successful effort to unionize a Trader Joe’s in Minneapolis, said the retailer is moving far slower than she hoped in negotiations. “I have said it was like writing a novel. We were on page one for a long time, and now we’re finally on page two,” Ryther said. “It’s just folks with very little experience who have organized an independent union, and to face these union-busting tactics, it’s hard. We’re not being paid a thousand dollars an hour like some TJ’s lawyers. We do this because we want to help our fellow workers.”Even if the NLRB rules that a company broke the law by negotiating in bad faith to drag out negotiations, federal law doesn’t allow the labor board to order management to reach a contract. “Even if the NLRB issues a complaint about bad faith bargaining, it takes a long time to handle those cases. Any meaningful order is a year down the road,” said Wilma Liebman, who headed the NLRB under Barack Obama. “The remedies take too long and they’re too weak. The board can’t order parties to reach an agreement or make concessions.”Liebman pointed to the big issue that labor organizing faces right now. “Can the unionization surge be sustained by continued growth?” she asked. “Otherwise it’s going to fizzle. This is the year that’s kind of make or break.”Under federal law, employers can’t be fined for illegal delays or bargaining in bad faith. The proposed protecting the right to organize (Pro) act sought to overcome lengthy delays by providing that if the two sides failed to reach a contract within 120 days of a new union’s being certified, a panel of arbitrators should be appointed to decide on the terms of a first two-year contract. The Pro act would also allow for substantial fines against employers that violate the law when fighting unions. The House of Representatives approved the Pro act in March 2021, but, facing a filibuster and unanimous Republican opposition, the legislation went nowhere in the Senate.Sachs says corporations have sizable incentives to violate the law when battling against unions because the National Labor Relations Act doesn’t provide for any fines for illegal actions. “We need to fundamentally change the incentive structure facing employers during union drives,” he said. “You can change the incentive structure in different ways. Consumers can do it if there is a national boycott of Starbucks or Apple or Chipotle or REI. That would have a huge impact. The other way to change the incentive structure would be to have massive monetary damages for anti-union violations. That would require not only legislative change, but the courts to order damage awards – and that would be a slow process.”Eisen, the barista in Buffalo, voices keen dismay that Starbucks keeps ratcheting up the pressure against the union drive. Arguably its most effective strategy to discourage unionization was not the firings or store closings, but when its CEO, Howard Schultz, announced that the company would give certain raises and benefits to its nonunion workers while denying them to workers at its unionized stores. The NLRB has brought a complaint asserting that this Starbucks policy illegally discriminates against union members.‘The lavatory waste comes on us’: unsafe, unsanitary work conditions, airport workers claimRead more“One of the things we need to win is public pressure,” Eisen said. “Can we let billionaires and billionaire companies continue to bully their way out of union campaigns? That’s essentially what is happening. It’s not fair. We need as much help as we can get. We need the public to recognize that these companies are not as good as they say they are.”The anti-union tactics have taken their toll. Partly because Starbucks’ aggressive anti-union efforts have discouraged and frightened many workers, the number of petitions for union elections at Starbucks stores has dropped from 71 last March to about 10 per month recently. Trader Joe’s workers in Boulder, Colorado, withdrew their petition for a unionization vote a day after they filed charges accusing the retailer of illegal intimidation and coercion. With highly paid anti-union consultants on hand to press workers to vote no, the Amazon Labor Union lost a unionization vote at a warehouse outside Albany, New York, and following that loss and facing an anti-union campaign, workers at an Amazon warehouse in Moreno Valley, California, withdrew their petition for a union election.“That comes with the territory, but that’s what we signed up for as organizers,” said the Amazon Labor Union’s Smalls. “We know this is a marathon not a sprint. In the words of Mother Jones, you fight like hell. That’s what we’re doing right now, fighting like hell.”TopicsUS unionsAmazonStarbucksAppleUS politicsTeslaReuse this content More

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    Tesla recalls 362,000 vehicles over self-driving software flaws that risk crashes

    Tesla recalls 362,000 vehicles over self-driving software flaws that risk crashesRegulators say driver assistance system does not adequately adhere to traffic safety laws and can cause crashes Tesla said it would recall 362,000 US vehicles to update its Full Self-Driving (FSD) Beta software after regulators said on Thursday the driver assistance system did not adequately adhere to traffic safety laws and could cause crashes.The National Highway Traffic Safety Administration (NHTSA) said the Tesla software allows a vehicle to “exceed speed limits or travel through intersections in an unlawful or unpredictable manner increases the risk of a crash”.Tesla will release an over-the-air (OTA) software update free of charge, and the electric vehicle maker said is not aware of any injuries or deaths that may be related to the recall issue. The automaker said it had 18 warranty claims.Tesla shares were down 1.6% at $210.76 on Thursday afternoon.The recall covers 2016-2023 Model S, Model X, 2017-2023 Model 3, and 2020-2023 Model Y vehicles equipped with FSD Beta software or pending installation.NHTSA asked Tesla to recall the vehicles, but the company said despite the recall it did not concur in NHTSA’s analysis. The move is a rare intervention by federal regulators in a real-world testing program that the company sees as crucial to the development of cars that can drive themselves. FSD Beta is used by hundreds of thousands of Tesla customers.The setback for Tesla’s automated driving effort comes about two weeks before the company’s March 1 investor day, during which Chief Executive Elon Musk is expected to promote the EV maker’s artificial intelligence capability and plans to expand its vehicle lineup.Tesla could not immediately be reached for comment.NHTSA has an ongoing investigation it opened in 2021 into 830,000 Tesla vehicles with driver assistance system Autopilot over a string of crashes with parked emergency vehicles. NHTSA is reviewing whether Tesla vehicles adequately ensure drivers are paying attention. NHTSA said on Thursday despite the FSD recall its “investigation into Tesla’s Autopilot and associated vehicle systems remains open and active.”Tesla said in “certain rare circumstances … the feature could potentially infringe upon local traffic laws or customs while executing certain driving maneuvers”.Possible situations where the problem could occur include traveling or turning through certain intersections during a yellow traffic light and making a lane change out of certain turn-only lanes to continue traveling straight, NHTSA said.NHTSA said “the system may respond insufficiently to changes in posted speed limits or not adequately account for the driver’s adjustment of the vehicle’s speed to exceed posted speed limits.”Last year, Tesla recalled nearly 54,000 US vehicles with FSD Beta software that may allow some models to conduct “rolling stops” and not come to a complete stop at some intersections, posing a safety risk, NHTSA said.Tesla and NHTSA say FSD’s advanced driving features do not make the cars autonomous and require drivers to pay attention.TopicsTeslaElon MuskUS politicsnewsReuse this content More

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    Tesla to expand supercharger stations to all electric vehicles, White House says

    Tesla to expand supercharger stations to all electric vehicles, White House saysFunding for the EV charging network comes from the infrastructure bill that allocates $7.5bn to the expansion The White House is partnering with Tesla to expand electric vehicle charging infrastructure in the US, with the company opening at least 7,500 of its chargers to all electric vehicles (EVs) by the end of 2024, the White House announced on Wednesday.Tesla charging stations currently use a certain power connector that require non-Tesla EVs to use an adapter. The White House said that Tesla will work to include at least 3,500 new and existing 250 kW superchargers along highways and level 2 destination chargers at locations like hotels and restaurants across the country. Tesla is also planning to double its network of superchargers.Electric car enthusiasts tantalized by new idea: converting old vehiclesRead moreThe Biden administration in 2021 set goals of having 50% of new vehicle sales in the country to be EVs and 500,000 EV chargers along highways by 2030. The US currently has around 3m EVs on the road and about 60,000 charging stations across the country.The administration’s goals “have spurred network operators to accelerate the buildout of coast-to-coast EV charging networks”, the White House said in a statement. “Public dollars will supplement private investment by filling gaps, serving rural and hard to reach locations and building capacity in communities.”Along with its partnership with Tesla, the White House is working with other companies, including car manufacturers like General Motors, Mercedes-Benz and Volvo, to build out more chargers. Rental car company Hertz is working with BP to bring chargers to Hertz locations in major cities. Hertz is planning to make one-quarter of its fleet electric by 2024.Funding for the EV charging network expansion comes largely from the bipartisan infrastructure bill passed in 2021. The bill allocates $7.5bn for charging infrastructure, including a $2.5bn community grant program. In September, the White House said that all 50 states have plans to build chargers using funding from the bill.The announcement of the White House’s partnership with Tesla comes after reports that Tesla CEO Elon Musk met with White House officials, though not with Biden himself, in late January. The Washington Post reported that Musk met with John Podesta and Mitch Landrieu, top White House aides charged with implementing Biden’s clean infrastructure policies, on 27 January.Musk has clashed with the administration and other Democrats, particularly over labor unions. In the past, Biden praised GM and Ford, both which work with unions, for their EV efforts over Tesla. In a tweet last year, Musk called Biden “a damp [sock] puppet in human form” after Biden praised GM and Ford for “building more electric vehicles here at home than ever before”.Landrieu told reporters that partnerships with companies, including Tesla, took “many, many months” and that Musk was “very open [and] very constructive” in meetings with the administration.TopicsElectric, hybrid and low-emission carsTeslaBiden administrationUS politicsnewsReuse this content More

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    Elon Musk targets Bernie Sanders over tax: ‘I keep forgetting you’re still alive’

    Elon Musk targets Bernie Sanders over tax: ‘I keep forgetting you’re still alive’
    Tesla founder responds to senator’s ‘fair share’ tweet
    Musk sold nearly $7bn of stock after controversial Twitter poll
    Biden approval ratings plunge amid crisis over inflation
    Elon Musk waded into yet another Twitter controversy on Sunday, the Tesla owner and world’s richest person responding to a tweet about tax from Senator Bernie Sanders by writing: “I keep forgetting that you’re still alive.”If the super-rich want to live for ever our planet is truly doomed | John HarrisRead moreSanders, 80, wrote: “We must demand that the extremely wealthy pay their fair share. Period.”Musk, 50, is also the owner of SpaceX and has a personal worth estimated at around $271bn, making him by some counts the richest person ever.He also tweeted: “Want me to sell more stock, Bernie? Just say the word …”Sanders did not immediately respond. Melissa Byrne, a progressive activist and former Sanders staffer, tweeted: “Folks, quit buying Tesla. Don’t reward abusive men.”This week, Musk sold nearly $7bn of shares in Tesla, more than $5bn after asking Twitter followers to vote on whether he should do so and more than $1bn on Friday.Jason Benowitz, senior portfolio manager at Roosevelt Investment Group in New York, told Reuters: “We expect the share sales will continue, as Musk holds millions of options worth billions of dollars that would otherwise expire worthless, and he has also prearranged share sales.”Tesla’s share price fell after Musk’s Twitter followers said he should sell stock. But the shares remain hugely valuable.Musk staged the Twitter poll to make a point about a “billionaires tax” proposed by Democrats in Congress, saying: “Note, I do not take a cash salary or bonus from anywhere. I only have stock, thus the only way for me to pay taxes personally is to sell stock.”Proponents of the billionaires tax say they want to target “unrealised capital gains”, meaning rises in the value of stocks owned by ultra-rich Americans who currently pay very little in tax.Sanders is a democratic socialist independent from Vermont who caucuses with Democrats in the Senate. He rose to global prominence with strong runs for the Democratic presidential nomination in 2016 and 2020, losing out to Hillary Clinton and then Joe Biden.As chair of the Senate budget committee and a champion of fairness in taxation, Sanders is pushing for Biden’s Build Back Better package of spending on health and social care and climate crisis mitigation to make it out of Congress and into law.Build Back Better would be funded by tax increases on corporations and the very wealthy. The billionaires tax is not part of the package but its chief proponent, Senator Ron Wyden of Oregon, condemned Musk’s Twitter stunt last week.Saying he wanted to “ensure billionaires pay tax every year, just like working Americans”, Wyden added: “Whether or not the world’s wealthiest man pays any taxes at all shouldn’t depend on the results of a Twitter poll.”Musk has a history of controversial – and sometimes costly – behaviour on social media. In October, he responded to Wyden’s tax proposals with a tweet.“Eventually they run out of other people’s money and then they come for you.”TopicsElon MuskUS taxationBernie SandersUS politicsUS domestic policyTeslanewsReuse this content More

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    Senator behind billionaires tax denounces Elon Musk Twitter poll stunt

    US taxationSenator behind billionaires tax denounces Elon Musk Twitter poll stuntTesla owner offers to sell 10% of shares – as poll demandsRon Wyden has proposed tax to help fund Biden plans Martin Pengelly in New York@MartinPengellySun 7 Nov 2021 14.19 ESTFirst published on Sun 7 Nov 2021 07.45 ESTAfter Elon Musk asked his Twitter followers to vote on whether he should sell 10% of his Tesla stock, the architect of the proposed billionaires tax that prompted the move dismissed the tweet as a stunt.It’s not all about the culture war – Democrats helped shaft the working class | Robert ReichRead more“Whether or not the world’s wealthiest man pays any taxes at all shouldn’t depend on the results of a Twitter poll,” said Ron Wyden, an Oregon Democrat and chair of the Senate finance committee. “It’s time for the billionaires income tax.”When the poll closed on Sunday, nearly 3.5 million people had voted: 58% said Musk should sell the Tesla stock and 42% said he should not.Asked for comment, he tweeted: “I was prepared to accept either outcome.”Musk, who also owns SpaceX, was named by Forbes magazine as the first person worth more than $300bn. Reuters calculated that selling 10% of his Tesla shareholding would raise close to $21bn.Wyden has led Democrats pushing for billionaires to pay taxes when stock prices go up even if they do not sell shares, a concept called “unrealised gains”.Proponents of the tax say it would affect about 700 super-rich Americans, who would thus help pay for Joe Biden’s $1.75tn 10-year public spending proposal, which seeks to boost health and social care and to fund initiatives to tackle the climate crisis.Unveiling his proposal last month, Wyden said: “There are two tax codes in America. The first is mandatory for workers who pay taxes out of every paycheck. The second is voluntary for billionaires who defer paying taxes for years, if not indefinitely.“The billionaires income tax would ensure billionaires pay tax every year, just like working Americans. No working person in America thinks it’s right that they pay their taxes and billionaires don’t.”Musk has a history of controversial behaviour on Twitter. Responding to Wyden’s original proposal, he tweeted: “Eventually, they run out of other people’s money and then they come for you.”On Saturday, he said: “Much is made lately of unrealised gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. Do you support this?“I will abide by the results of this poll, whichever way it goes. Note, I do not take a cash salary or bonus from anywhere. I only have stock, thus the only way for me to pay taxes personally is to sell stock.”In one response, the Berkeley economist Gabriel Zucman tweeted: “Looking forward to the day when the richest person in the world paying some tax does not depend on a Twitter poll.”When Wyden introduced his proposed billionaires tax, Chuck Marr of the Center on Budget and Policy Priorities, a nonpartisan think tank, used the example of Jeff Bezos, with Musk a competitor for the title of world’s richest person, to explain how the proposal would work.The Amazon founder, Marr said, would contribute to the federal government on the basis of unrealised gains from his stock holdings, worth around $10bn, rather than a declared salary of around $80,000.Citing a bombshell ProPublica report from June this year which showed how little Bezos, Musk and other super-rich Americans pay into federal coffers, Marr titled his analysis: “Why a billionaires tax makes sense – or why the richest people in the country should pay income taxes as if they were the richest people in the country.”Democrats ‘thank God’ for infrastructure win after state election warningsRead moreThe Biden spending plan Wyden wants to help fund, known as Build Back Better, remains held up in Congress. House centrists are demanding nonpartisan analysis of its costs while centrist senators remain opposed to many of its goals.Democrats are also split over the proposed billionaires tax. Among those opposed is Joe Manchin, the senator from West Virginia who with Kyrsten Sinema of Arizona stands in the way of Build Back Better, wielding tremendous power in a chamber split 50-50 and therefore controlled by the casting vote of Vice-President Kamala Harris.Speaking to reporters in October, Manchin said: “Everybody in this country that has been blessed and prospered should pay a patriotic tax.“If you’re to the point where you can use all of the tax forms to your advantage, and you end up with a zero tax-liability but have had a very, very good life and have had a lot of opportunities, there should be a 15% patriotic tax.”TopicsUS taxationElon MuskUS domestic policyBiden administrationUS SenateUS CongressUS politicsnewsReuse this content More

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    Elon Musk asks Twitter followers if he should sell 10% of Tesla stock

    Elon MuskElon Musk asks Twitter followers if he should sell 10% of Tesla stockEntrepreneur refers to US proposal for ‘billionaires tax’Nearly 56% of respondents say Musk should sell shares Reuters in New YorkSat 6 Nov 2021 17.38 EDTLast modified on Sat 6 Nov 2021 21.05 EDTElon Musk on Saturday asked his 62.5 million followers on Twitter if he should sell 10% of his Tesla stock.Let them eat space! Elon Musk and the race to end world hunger | Arwa MahdawiRead more“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” Musk wrote in a tweet referring to a “billionaires’ tax” proposed by Democrats in the US Senate.Musk tweeted that he would abide by the results of the poll. It received more than 700,000 responses in the hour after Musk posted it, with nearly 56% of respondents approving the proposal to sell the shares.Musk’s shareholding in Tesla comes to about 170.5 million shares as of 30 June and selling 10% of his stock would amount close to $21bn based on Friday’s closing, according to Reuters calculations.Analysts say he may have to offload a significant number of shares anyway to pay taxes since a large number of options will expire next year.The comments from Musk come after the proposal in Congress to tax billionaires’ assets to help pay for Joe Biden’s social and climate-change agenda. Musk is one of the world’s richest people and owner of companies including SpaceX and Neuralink. He has criticized the billionaires’ tax on Twitter.“Note, I do not take a cash salary or bonus from anywhere,” Musk said. “I only have stock, thus the only way for me to pay taxes personally is to sell stock.”Tesla board members including Elon Musk’s brother Kimbal have recently sold shares in the electric carmaker. Kimbal Musk sold 88,500 shares while fellow board member Ira Ehrenpreis sold shares worth more than $200m.TopicsElon MuskTeslaUS taxationUS domestic policyUS politicsBiden administrationUS CongressnewsReuse this content More

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    In space, no one will hear Bezos and Musk’s workers call for basic rights | Robert Reich

    Elon Musk’s SpaceX just won a $2.9bn Nasa contract to land astronauts on the moon, beating out Jeff Bezos.The money isn’t a big deal for either of them. Musk is worth $179.7bn. Bezos, $197.8bn. Together, that’s almost as much as the bottom 40% of Americans combined.And the moon is only their stepping stone.Musk says SpaceX will land humans on Mars by 2026 and wants to establish a colony by 2050. Its purpose, he says, will be to ensure the survival of our species.“If we make life multi-planetary, there may come a day when some plants and animals die out on Earth but are still alive on Mars,” he tweeted.Bezos is also aiming to build extraterrestrial colonies, but in space rather than on Mars. He envisions “very large structures, miles on end” that will “hold a million people or more each”.Back on our home planet, Musk is building electric cars, which will help the environment. And Bezos is allowing us to shop from home, which might save a bit on gas and thereby also help the environment.But Musk and Bezos are treating their workers like, well, dirt.Most workers won’t be able to escape into outer space. A few billionaires are already lining upLast spring, after calling government stay-at-home orders “fascist” and tweeting “FREE AMERICA NOW”, Musk reopened his Tesla factory in Fremont, California before health officials said it was safe to do so. Almost immediately, 10 workers came down with the virus. As cases mounted, Musk fired workers who took unpaid leave. Seven months later, at least 450 Tesla workers had been infected.Musk’s production assistants, as they’re called, earn $19 an hour – hardly enough to afford rent and other costs of living in northern California. Musk is virulently anti-union. A few weeks ago, the National Labor Relations Board found that Tesla illegally interrogated workers over suspected efforts to form a union, fired one and disciplined another for union-related activities, threatened workers if they unionized and barred employees from communicating with the media.Bezos isn’t treating his earthling employees much better. His warehouses impose strict production quotas and subject workers to seemingly arbitrary firings, total surveillance and 10-hour workdays with only two half-hour breaks – often not enough time to get to a bathroom and back. Bezos boasts that his workers get $15 an hour but that comes to about $31,000 a year for a full-time worker, less than half the US median family income. And no paid sick leave.Bezos has fired at least two employees who publicly complained about lack of protective equipment during the pandemic. To thwart the recent union drive in Bessemer, Alabama, Amazon required workers to attend anti-union meetings, warned they’d have to pay union dues (untrue – Alabama is a “right-to-work” state), and threatened them with lost pay and benefits.Musk and Bezos are the richest people in America and their companies are among the country’s fastest growing. They thereby exert huge influence on how other chief executives understand their obligations to employees.The gap between the compensation of CEOs and average workers is already at a record high. They inhabit different worlds.If Musk and Bezos achieve their extraterrestrial aims, these worlds could be literally different. Most workers won’t be able to escape into outer space. A few billionaires are already lining up.The super-rich have always found means of escaping the perils of everyday life. During the plagues of the 17th century, European aristocrats decamped to their country estates. During the 2020 pandemic, wealthy Americans headed to the Hamptons, their ranches in Wyoming or their yachts.The rich have also found ways to protect themselves from the rest of humanity – in fortified castles, on hillsides safely above smoke and sewage, in grand mansions far from the madding crowds. Some of today’s super rich have created doomsday bunkers in case of nuclear war or social strife.But as earthly hazards grow – not just environmental menaces but also social instability related to growing inequality – escape will become more difficult. Bunkers won’t suffice. Not even space colonies can be counted on.I’m grateful to Musk for making electric cars and to Bezos for making it easy to order stuff online. But I wish they’d set better examples for protecting and lifting the people who do the work.It’s understandable that the super wealthy might wish to escape the gravitational pull of the rest of us. But there’s really no escape. If they’re serious about survival of the species, they need to act more responsibly toward working people here on terra firma. More