Musk slams key Trump adviser Navarro as tariffs bite [View all]
Source: Axios
4 hours ago
Elon Musk blasted top Trump administration trade adviser Peter Navarro overnight, calling out his education and lack of corporate credentials.
Why it matters: The two-day rout in the stock market this week, after Trump announced sweeping new tariffs backed by Navarro, cost Musk nearly $18 billion just on his Tesla stock.
Catch up quick: Friday morning, a user on Musk's social media platform X defended the controversial Navarro as a skilled voice on tariffs, citing his Ph.D. in economics from Harvard.
Musk, in a reply in the early hours of Saturday morning, disagreed.
"A PhD in Econ from Harvard is a bad thing, not a good thing," he wrote, suggesting it resulted in having more ego than brains.
Another user stepped in to defend Navarro as right on trade, to which Musk replied "He ain't built s--t."
For the record: The White House did not immediately reply to requests for comment on Musk's posts.
Besides Navarro, other top Trump officials with Harvard Ph.D.'s in economics include Council of Economic Advisers chair Stephen Miran.
Zoom out: Navarro has been ubiquitous on TV in recent days, defending Trump's tariff program and touting a possible $600 billion in new annual revenue.
Trump calls the tariffs an "economic revolution" and says big businesses will do well in the end because of pending tax cuts.
Read more:
https://www.axios.com/2025/04/05/musk-trump-tariffs-navarro-tesla