Elon Musk took multiple shots at Peter Navarro in reaction to a clip of the trade advisor defending President Donald Trump’s tariffs amid steep declines in the stock market.
Musk has remained fairly silent on Trump’s tariff announcement as stocks, including Musk’s, have taken major hits. Tesla stock fell 10% by Friday, erasing billions in Musk’s wealth. Markets closed on Friday with the week marking the worst trading week in five years.
Navarro, a senior counselor to the president, has been among the White House officials passionately defending the tariff strategy, insisting a manufacturing boom in the United States is on the way.
In multiple X posts, Musk replied to a CNN clip of Navarro defending the tariff strategy by calling out Navarro for not building “shit” and mocking his education.
In the clip, Navarro spoke with CNN’s Phil Mattingly and argued that past trade deals transferred too much “wealth” abroad.
