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BumRushDaShow

(151,824 posts)
Sat Apr 5, 2025, 02:41 PM Apr 5

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
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