Tesla’s Elon Musk Advocates for Balanced Regulation, Cautions Against Overreach
During a conference co-sponsored by the Cato Institute and Libertad y Progreso titled “The Rebirth of Liberty in Argentina and Beyond,” Tesla CEO Elon Musk voiced concerns about government expansion leading to excessive regulation.
Musk emphasized the need for regulators but warned against their numbers surpassing industry participants, as it could hinder progress. He advocated for a balanced approach where the government acts as a referee, ensuring fair play without impeding innovation.
Musk’s stance underscores his belief in sensible regulations that foster healthy competition and industry growth, echoing his previous statements on the government’s role in facilitating rather than obstructing progress.
Clever Robot News Desk 15th June 2024
