While speaking virtually at a Morgan Stanley Technology Media & Telecom conference on Wednesday, Elon Musk called for the privatization of the United States Postal Service, Amtrak, and other government-controlled entities.
“I think we should privatize the Post Office and Amtrak, for example,” Musk declared.
‘Something’s got to have some chance of going bankrupt.’
Compared to national rail systems in other countries, such as China, Musk called Amtrak “kind of embarrassing” and a “sad situation” for the U.S.
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“It’s like, if you’re coming from another country, please don’t use our national rail. It can leave you with a very bad impression of America,” he stated.
Musk said he would support privatizing the USPS, Amtrak, and “anything that can be privatized.” However, he noted that such changes would require congressional action.
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