Elon Musk Supports 2020 Presidential Candidate And It's Not Trump

In the line up for 2020 Presidential polls, Tesla CEO Elon Musk has made his choice and endorsed Democratic Party aspirant Andrew Yang.

Musk tweeted on Saturday, “I support Yang,” and in a separate tweet hailed that “he would our first openly goth president. I think this is very important.”

Musk’s stand on the presidential contest came in response to Yang’s tweet that said he does not expect people to agree with him on everything, but what he values more is the trust of people that he is trying to solve some problems.

Yang is among the two dozen aspirants competing for the Democratic nomination who also include popular names such as Joe Biden, Kamala Harris, and Elizabeth Warren.

Yang’s pitch for a “universal basic income (UBI)” for citizens has caught the imagination of many sections of voters.

Musk agreed with Yang that Americans need a basic universal income.

Yang’s manifesto promises every U.S. citizen above the age of 18 a monthly check of $1,000 beginning January 2021, irrespective of income or employment status.

Yang says he will find the funds from “consolidating some welfare programs” and a value-added tax of 10 percent on goods or services produced by businesses.

Yang thanked Musk for his support.

In the 2016 presidential poll, Elon Musk endorsed Hillary Clinton over Donald Trump.

But the Tesla founder agreed to serve on Trump’s economic advisory team that he left in less than 6 months after expressing disagreements with Trump administration’s policies on climate change.

Andrew Yang net worth

Over the years, Andrew Yang net worth also increased, per recent data.

In 2016, the tax returns of Yang showed he earned $258,000 a year as CEO of Venture for America. The non-profit VFA was into recruitment and training of college graduates for jobs and mentoring for launching startups.

In 2017, Yang’s stated income was $217,000. Yang stepped down as the CEO of VFA in 2017.

According to the Wall Street Journal, Yang’s earnings in 2018 aggregated $150,000, per financial disclosures. The bulk of earnings came from his speeches that contributed $94,000 including those to JP Morgan which were paid at the rate of $10,000 per speech.

The latest financial disclosure shows Yang’s assets as ranging between $834,000 to $2.4 million in which a large part of the income comes from his property in Hudson Valley.

Trump slams critics of his El Paso visit

Meanwhile, the top candidate in the presidential race, President Donald Trump hit out at former White House Communications Director Anthony Scaramucci making some interesting Trump news.

Trump was reacting to the latter’s criticism of his El Paso visit where a mass shooting killed 20 people.

Trump accused Scaramucci of twisting facts during TV appearances to which Scaramucci replied that Trump is trying to divide people.

“Anthony Scaramucci, who was quickly terminated (11 days) from a position that he was incapable of handling, now seems to do nothing but television as the all-time expert on 'President Trump.' Like many other so-called television experts, he knows very little about me,” Trump wrote.