Elon Musk says ‘Europe is overregulated’, reveals the advice that he says has given to President Donald Trump

Elon Musk, billionaire founder of Tesla and advisor to President Donald Trump, urged the creation of a tariff-free trading relationship between the United States and Europe, just days after Trump imposed sweeping tariffs that sent global markets tumbling.

Musk adds that excessive rules are stifling business innovation across the continent. “Europe is overregulated. There are too many rules and regulations that make it very difficult to create a company and be successful,” Musk stated.