Elon Musk appeared to split from the Trump administration on tariffs overnight — as he lashed out at trade adviser Peter Navarro and said he hoped for a “zero tariff situation” between the US and Europe.
The world’s richest man made the comments after President Trump announced sweeping tariffs against virtually every US trading partner last week.
The resulting stock market crash saw $11 billion wiped off his net worth.
The Tesla and SpaceX guru made very public swipes Saturday against Navarro, who is widely seen as one of the top architects of Trump’s tariff regime.
“A PhD in Econ from Harvard is a bad thing, not a good thing. Results in the ego/brains>>1 problem,” Musk vented on X Saturday in response to a user touting the trade adviser’s explanations of tariffs.
Another user chimed in, saying that Navarro was “correct” in his assessment of tariffs, prompting Musk to retort, “He ain’t built sh.