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    Elon Musk: Oil bailouts would not be the greatest use of money

    Tesla CEO Elon Musk has said that permitting oil and gas companies to take credit facilities from COVID-19 package is "not the greatest use of money". "Frankly, much of the stimulus money is questionable, but this much to oil and gas seems especially so," Musk said in a response to a Twitter user who had asked about the possible bailout.

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    Ajay Nirmal
    Graduated from Mumbai University, Ajay brings in the latest news across sports, tech, and world news. Ajay loves talking on tech, latest news, and events.

    Just a day after U.S. President Donald Trump announced that he was working on a plan to help prevent job losses in the oil industry, Elon Musk said he didn’t think it would be the best idea.

    “Much of the stimulus money is questionable, but this much to oil & gas seems especially so,” Musk said in a response to a Twitter user who had asked about the possible bailout.

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