It’s not very common to see two multi-billionaires at odds with each other. But, it seems like that’s the case this time between Elon Musk and Mark Zuckerberg. and the disagreement is on the US lockdown. Musk thinks the lockdown is fascism, whereas Zuckerberg praises it. But, why do they think differently? Let’s find out.
Musk calls lockdown ‘fascism’; Zuckerberg thinks it’s necessary!
It’s absolutely no secret what Elon Musk has to say about the Coronavirus pandemic or the US lockdown in particular. The CEO of Tesla and Space X called the move “fascist” and said in a statement:
…If somebody wants to stay in the house, that’s great. They should be allowed to stay in their house and they should not be compelled to leave, But to say that they cannot leave their house and they will be arrested if they do, this is fascist. This is not democratic. This is not freedom people. Give people back their God da***d freedom.
And Elon Musk hasn’t minced any words about his feelings for the Coronavirus lockdown. He said:
So the extension of the shelter-in-place or, frankly, I would call it, forcibly imprisoning people in their homes against all their constitutional rights, in my opinion, breaking people’s freedoms in ways that are horrible and wrong and not why people came to America or built this country. It will cause great harm, not just to Tesla, but to many companies. And while Tesla will weather the storm, there are many small companies that will not.
Moreover, Elon Musk has had his displeasure known on Twitter too, where he famously tweeted:
FREE AMERICA NOW
— Elon Musk (@elonmusk) April 29, 2020
Moreover, Musk also said that the Coronavirus pandemic was overhyped and dumb. It sounds very heartless, but it’s true. 3 million people infected around the world, with more than 200,000 dead. And the CEO of Tesla called it “dumb”:
The coronavirus panic is dumb
— Elon Musk (@elonmusk) March 6, 2020
He backed that up by stating that the hospitals in California have been half-empty most of the time:
Hospitals in California have been half empty this whole time pic.twitter.com/8GL2BLypqV
— Elon Musk (@elonmusk) April 30, 2020
Of course, many analysts say that hospitals are half-empty exactly because of the lockdown’s success in California. And Mark Zuckerberg speaks in its favor too.
Zuckerberg thinks the exact opposite
On the other hand, Mark Zuckerberg has had a completely different approach to the lockdown. The CEO of Facebook praised it and believes that reopening too soon will be catastrophic:
I worry that reopening certain places too quickly before infection rates have been reduced to very minimal levels will almost guarantee future outbreaks and worse longer-term health and economic outcomes.
So, the main question arises from this situation is that why do Mark Zuckerberg and Elon Musk have such different opinions about the lockdown? The answer is simple, profits.
It’s always about profits!
Unfortunately, when it comes to billionaires, it’s mostly about profits. And that is the only reason why their opinions differ.
Tesla had to close down its factories because of the strict lockdown restrictions of California. Even though the company has recorded its third profitable quarter, the future remains uncertain. Production is suspended since the 19th of March, and the reopening in the near future seems uncertain. Moreover, if Tesla stocks surge more, Elon Musk could see his worth increase by $600 million! So, in a way, the lockdown is preventing Musk from his big payday.
On the other hand, Facebook has seen a surge of 10% in its market share since the lockdown. After all, more people are stuck at home, thus giving them more time to scroll Facebook. And that sits very well with Mark Zuckerberg.
In short, the stances of these two billionaires primarily rely on how much money they’re making. Had Facebook taken a hit from the lockdown, Mark Zuckerberg would probably have spoken against it too. And that is a sad commentary of the world in itself.