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Elon Musk criticized Navarro, stating that having a PhD in economics from Harvard University is not necessarily a good thing.
Golden Finance reported that Musk criticized Peter Navarro, who is still defending the president's comprehensive tariff policy as Trump's chief trade advisor. Navarro stated on Saturday: "The market will bottom out. This will happen soon, and from then on, we will welcome a bull run, with the Dow Jones index reaching 50,000 points during Trump's term." Musk replied to a user's post on the X platform that praised Navarro's credentials, saying: "Having a PhD in economics from Harvard is not a good thing; it's a bad thing."