ADVERTISEMENT

Elon Musk Says Oil Bailouts Wouldn’t Be ‘Greatest Use’ of Money

Elon Musk Says Oil Bailouts Wouldn’t Be ‘Greatest Use’ of Money

(Bloomberg) -- Just a day after U.S. President Donald Trump announced that he was working on a plan to help prevent job losses in the oil industry, Elon Musk said he didn’t think it would be the best idea.

“Much of the stimulus money is questionable, but this much to oil & gas seems especially so,” Musk said in a response to a Twitter user who had asked about the possible bailout.

Read More: Trump Vows Oil Rescue That He’s Been Powerless to Deliver

©2020 Bloomberg L.P.