President Donald Trump said in a CNBC interview on Wednesday that Elon Musk is ”One Of Our Greatest Geniuses.”
He was impressed by the achievements of the Tesla CEO and appreciated his work, comparing it with Thomas Edison.
US President @realDonaldTrump said @ElonMusk is not only good at EVs. "He does good at rockets, too.. I never saw where the engines come down with no wings, no anything, & they're landing." He also said Musk is "one of our very smart people, & we want to cherish those ppl,"$TSLA pic.twitter.com/N8vOVb314h— Vincent (@vincent13031925) January 22, 2020
"And I was worried about him, because he's one of our great geniuses, and we have to protect our genius. You know, we have to protect Thomas Edison and we have to protect all of these people that - came up with originally hte light bulb snd - the wheel and all of these things. And he is one of our very smart people and we want to - we want to cherish those people. That's very important. But he's done a very good job."
Trump also noted that he was greatly impressed by Musk's successes in rocket science.
"Well - you have to give him credit. I spoke to him very recently, and he's doing the rockets. And - he does good at rockets too, by the way. I never saw where the engines come down with no wings, no anything, and they're landing. I said I've never seen that before."
The president is impressed with the success of Tesla, because the company's shares have recently grown and reached a historic high. The market value of Tesla shares is more than $100 billion, and the market capitalization is higher than that of General Motors and Ford combined. This figure means that Tesla has become the second largest global automaker to date.
"Shocking how well - you know how it's coming so fast. I mean you go back a year and they're talking about the end of the company. And now all of sudden they're talking about these great things. He's going to be building a very big plant in the United States."
Tesla shares began to skyrocket after the company posted a profit in its Q3 2019 earning report in October.
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Featured image: REUTERS/Bryan Woolston