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NewsWorld

Elon Musk described leftists as “burden” consumers: My wealth only grows through production

The model reflects the concept of economic justice based on work and creativity

محمد يسري
Last updated: 31/12/2025 2:11 am
Mohammed Yossry
محمد يسري
ByMohammed Yossry
News Editor
Mohammed Yousry, editor at Voice of Emirates News Agency, Cairo office, is a journalist and researcher specializing in Islamic heritage and extremist groups.
- News Editor
7 months ago
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3 Min Read
Elon Musk was chosen as the richest man in history
Elon Musk chosen as the richest man in history (Photo/Archive)
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Highlights
  • Growth depends on performance and production
  • Musk faces harsh criticism

Washington, USA – American businessman Elon Musk, CEO of Tesla and SpaceX, said that his personal wealth is directly related to the volume of useful products and services that his companies provide to society.

He stressed that any increase in the value of his shares can only be achieved through real work and production,

and not through taking advantage of public funds or populist policies.

In a blog post on the “X” platform, Musk explained that the majority of his wealth is represented in his shares in Tesla and SpaceX.

Growth depends on performance and production

He pointed out that the value of these shares only increases to the extent that the two companies produce products,

technologies and services that are actually offered to the public.

He added that this growth does not depend on speculation or privileges, but on performance and production.

Musk emphasized that this growth in value is not limited to him alone,

but includes all shareholders in both companies, including employees who own shares.

They participate in any increase in stock value resulting from the success of companies and the expansion of their businesses.

He considered that this model reflects the concept of economic justice based on work and creativity.

Musk faces harsh criticism

Musk directed sharp criticism at a number of left-leaning politicians, citing US Senator Bernie Sanders as an example.

He considered them to belong to the category of “takers,

not makers,” as he put it.

He said that these people depend on what others produce

and do not contribute to creating real economic value.

He added that they “take and live off taking” because – in his opinion –

they cannot or do not want to produce.

Musk remarks come amid an ongoing debate within the United States

about wealth distribution and the role of big business.

The limits of state intervention in the economy, especially with the growing

calls for higher taxes on the wealthy and large corporations.

TAGGED:Elon MuskleftistsSpace XteslaVoice Of EmiratesX platform
SOURCES:Voice of Emirates
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