Elon Musk stated that the H-1B program is sometimes abused by certain companies that want to hire foreign workers at lower wages. However, he emphasized that his companies use this program due to the shortage of available specialists in the American market.

In a podcast with Indian entrepreneur Nikhil Kamath, Tesla CEO Elon Musk discussed the positive impact of specialists from India on the American economy, but emphasized that the H-1B visa program has been abused by some companies that hire foreign workers at lower costs. Musk stated that his companies recruit through H-1B due to a lack of specialists in the American market. His comments come in the context of President Trump raising fees for these visas, particularly affecting Indian workers. Musk emphasized that the H-1B program should not be closed, as the U.S. needs a skilled workforce. He also criticized the tariff policies of the Trump administration, arguing that free trade is beneficial. Musk predicted that in the future, work will become optional and energy will become the main currency, referring to bitcoin and cryptocurrencies. These statements come at a time when investor sentiment towards cryptocurrencies is declining.