By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Elon Musk and Javier Milei share their love of free markets in first meeting
News

Elon Musk and Javier Milei share their love of free markets in first meeting

News Room
Last updated: 2024/04/12 at 10:02 PM
By News Room
Share
5 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Argentina’s libertarian president Javier Milei and Tesla chief executive Elon Musk met for the first time on Friday, cementing a social media friendship between two firebrand free-market proponents known for railing against government over-reach and progressive cultural values.

The pair, who have traded supportive messages over the past year on Musk’s X platform, met at Tesla’s factory in Austin, Texas, and discussed “the need to liberate markets” and “the importance of eliminating bureaucratic obstacles that keep investors away”, according to a statement from Milei’s office.

Gerardo Werthein, Argentina’s ambassador to the US who attended the meeting with Musk, told Argentine media that the pair had also “discussed investment opportunities” for Tesla in lithium, the metal crucial to electric vehicle batteries, of which Argentina has some of the world’s largest reserves.

Milei, a libertarian economist and former television pundit, won an unexpected election victory in November on a pledge to slash spending and lower inflation. He has since courted a diverse range of figures aligned with the global right, from techno-libertarian Musk to former US president Donald Trump and Brazil’s far-right former leader Jair Bolsonaro.

Meetings with such figures in recent months have delighted Milei’s domestic base, as have fiery speeches defending free market ideals at the World Economic Forum in January and at the Conservative Political Action Conference in February, casting him into the international spotlight.

Last September Musk shared an interview with Milei by former Fox News journalist Tucker Carlson, and later celebrated his election victory, saying “prosperity is ahead for Argentina”.

Milei is a prolific user of X, telling the Financial Times in February that he spends “two or three hours a day” on Musk’s platform and other social media.

As well as a defence of free market values, Milei and Musk have expressed similar support for Israel in its war against Hamas in Gaza — with both travelling to the country to meet Israeli Prime Minister Benjamin Netanyahu in recent months. Each also has a tense relationship with some leftist governments.

Milei, who labelled Brazilian President Luiz Inácio Lula da Silva “corrupt” on the campaign trail, “offered [Musk] collaboration in the conflict that social network X is having in Brazil”. Last week the company criticised Brazilian judges’ orders for it to censor “certain popular accounts”. 

On Sunday Musk, who declares himself a “free speech absolutist”, called for a Brazilian supreme court justice to “resign or be impeached”. Brazil’s attorney-general then called for “urgent regulation” of social media platforms, including X. It is unclear how Milei’s support might affect the dispute.

Opposition politicians in Argentina have criticised Milei’s trip to the US — his third since his election in November — as “personal”, and a distraction from his busy domestic agenda.

Before meeting Musk, the president, who has expressed a spiritual interest in Judaism, travelled to Miami, where he was honoured as “an international ambassador of light” by a Jewish community group for his support of Israel.

Back in Argentina, Milei’s La Libertad Avanza coalition faced a political crisis in congress on Friday, with three lawmakers breaking from the bloc following a dispute with the president’s top advisers, which will shrink his already tiny minority of 41 out of 257 seats in the lower house.

Yet Milei appeared jubilant in images he shared on X of his meeting with Musk, captioned with his catchphrase: “long live freedom dammit!”

Musk also posted a picture of the two together, with the caption: “To an exciting & inspiring future!”

The president’s office said he and Musk had agreed to hold “a large event soon in Argentina to promote the ideas of freedom”.

Read the full article here

News Room April 12, 2024 April 12, 2024
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Coca-Cola earnings tops estimates, CFO talks pricing, the consumer, and global demand

Watch full video on YouTube

Why U.S. workers are clinging to their jobs

Watch full video on YouTube

Netflix stock falls after Q3 earnings miss, Tesla preview, OpenAI announces new web browser

Watch full video on YouTube

Why Americans are obsessed with denim

Watch full video on YouTube

Why bomb Sokoto? Trump’s strikes baffle Nigerians

It was around 10pm on Christmas Day when residents of the mainly…

- Advertisement -
Ad imageAd image

You Might Also Like

News

Why bomb Sokoto? Trump’s strikes baffle Nigerians

By News Room
News

Pressure grows on Target as activist investor builds stake

By News Room
News

Mosque bombing in Alawite district in Syria leaves at least 8 dead

By News Room
News

EU will lose ‘race to the bottom’ on regulation, says competition chief

By News Room
News

Columbia Short Term Bond Fund Q3 2025 Commentary (Mutual Fund:NSTRX)

By News Room
News

Franklin Mutual International Value Fund Q3 2025 Commentary (MEURX)

By News Room
News

US bars former EU commissioner Thierry Breton and others over tech rules

By News Room
News

BJ’s Wholesale Club: Gaining More Confidence In Its Ability To Grow EPS

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?