Here’s How Elon Musk Reacts To Kamala Harris “Crazy” Patent Plan

Kritika Mehta
August 17, 2024
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Elon Musk xAI Secures $6B To Boost Generative AI Expansion: Details

Highlights

  • Tech mogul Elon Musk criticized Kamala Harris for her plans on taking over company patents.
  • Meanwhile, Musk and Donald Trump's alliance has seen significant growth after Monday's iconic interview.
  • However, Harris is leading in key swing states despite growing backlash from critics.

Tensions in the 2024 U.S. presidential race have escalated following a viral video shared by filmmaker Eric Abbenante on the social media platform X. Elon Musk reacted to this video wherein Vice President Kamala Harris made a bold statement regarding the potential government takeover of patents. Moreover, Texas Governor Gregg Abott also criticized Harris.

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Elon Musk On Kamala Harris’ Patent Takeover Plan

Harris, in the video, emphatically declares, “I will snatch their patent, so that we [the American government] will take over. Yes, we can do that! The question is: ‘Do you have the will to do it?’ I have the will to do it.” The video quickly gained traction on social media.

Moreover, notable figures such as Texas Governor Greg Abbott and tech billionaire Elon Musk weighed in. Abbott, a prominent Republican, reacted by saying, “Well, this is crazy.” Musk echoed the sentiment with a simple, yet powerful agreement: “Yes.”

Moreover, Elon Musk, has been a vocal critic of Harris for what he perceives as “woke” policies and overreach by government officials. He took this opportunity to underscore his further concerns about Harris’ leadership.

The Tesla and SpaceX CEO has previously expressed apprehension about Harris’ plans for controlling inflation. Additionally, critics argue that her strategies could damage the U.S. economy. Hence, Musk suggested solutions for inflation control lately.

Abbenante’s commentary on the video further inflamed the debate. He remarked, “The party frightened about the ‘threat to our democracy’ is nominating a wannabe tyrant.” He also referred Harris as a ‘dictator’, further aggravating discussions.

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Donald Trump & Elon Musk’s Growing Alliance

This latest controversy coincides with a period of increasing camaraderie between Elon Musk and former President Donald Trump. Earlier, on Monday, Musk and Trump’s high-profile interview on X seized the limelight. They discussed a wide range of topics, including the economy, immigration, and the future of America.

Notably, Musk proposed the formation of a “government efficiency commission” and expressed a willingness to play an active role in it. “I’d be happy to help out on such a commission — I’d love if it were formed,” Musk said, an idea that Trump acknowledged with interest.

The interview also touched on Trump’s response to an assassination attempt. Musk described this event as “just incredibly inspiring.” The former president recounted the harrowing experience, saying, “I didn’t know I had that much blood … it was a hard hit … I moved down pretty quickly, and we had bullets flying right over my head after I went down.”

Musk and Trump also delved into immigration policy, with Musk identifying himself as a “legal immigrant” and stressing the need to halt illegal immigration. Earlier, the tech billionaire endorsed Trump by noting that if doesn’t win the elections, the U.S. would suffer from dictatorship as seen in Venezuela.

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Implications For Kamala Harris In 2024 Presidential Race

Kamala Harris’ recent remarks and the subsequent backlash from prominent figures like Elon Musk and Greg Abbott could significantly influence the 2024 presidential race. Harris has emerged as a formidable contender, leading in several key swing states, her critics are growing louder. However, Musk’s endorsement of Trump and his concerns about Harris’s policies may sway voters who are still undecided.

Meanwhile, prediction markets and polls offer a mixed picture. Harris currently has a 52% chance of winning according to Polymarket, while Trump’s odds have dropped to 46%. Moreover, pro-Bitcoin entrepreneur Anthony Scaramucci expects Donald Trump to quit U.S. 2024 elections owing to legal troubles and the shift in polls.

While Harris’ crypto reset attracted backlash, several community members have extended support. Additionally, crypto super PAC Fairshake and its affiliates have shown support for Democrat candidates.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Kritika boasts over 2 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.