“We’re Back To The Excesses Of The Gilded Age…And Elon Musk Is A Modern-Day Robber Baron”-Robert Reich

  • Berkeley professor Robert Reich blasted Tesla CEO Elon Musk as the billionaire prepared to host SNL.
  • “His net worth quadrupled during the four months Tesla forced all workers to take a ten percent pay cut,” Reich pointed out.
  • “We’re back to the excesses of the Gilded Age, my friends. And Elon Musk is a modern-day robber baron,” Reich said.

Bob Brigham from Rawstory writes:

“Robert Reich blasted Tesla CEO Elon Musk as the billionaire prepared to host “Saturday Night Live.”

The Berkeley professor and former Labor Secretary labeled Musk a “modern-day robber baron” in a video posted online.

“The problem is not only that Elon Musk has $100 billion while tens of millions of Americans are barely getting by, it’s that he’s made this money while treating his workers so badly,” Reich said.

“His net worth quadrupled during the four months Tesla forced all workers to take a ten percent pay cut. Musk initially dismissed worries about the virus as ‘dumb’ and speculated that there would probably be close to zero new cases in the United States by the end of April,” he said. “Well, he was obviously wrong about that.”

Reich cited a tweet Musk sent near the end of that month…”

See full story here.



Categories: Business, Labor, Tech

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