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"These are the most difficult issues we face because we
"These are the most difficult issues we face because we are facing these challenges in a very large way, from the transportation sector, to solar energy, to the transportation infrastructure, including the new fleet of Model X and Model X SUV vehicles," Musk said. "And they're in this very tough position right now to adapt and to make this transition, but we've got a lot of work to do."
A Tesla spokesperson told CNN on Friday that it is "working with the government and the business community to assess the impact of these cuts and how they will impact our business."
Musk also said that it is "hopeful that the U.S. will follow suit" and he has plans to meet with the CEO and other executives to find a solution to the company's problems.
But Musk said that, after some time off, it is "still optimistic that things will be right for Tesla" and he expects to meet with the CEO during the holiday break. The CEO said he is working on the process for his next executive orders, which he said have "absolutely no impact on the company."
Tesla shares have been trading above $1.00 a share on Twitter.We're on a mission to ensure that all of our customers are treated with respect and dignity.
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