🤯 Picked by our AI, this stock rallied more than Nvidia this month, yielding 94% since MarchSee the stock

Siemens CEO deplores admiration for 'pot smoker' after deputy praised Elon Musk

Published 11/09/2019, 12:41 PM
Updated 11/09/2019, 12:43 PM
Siemens CEO deplores admiration for 'pot smoker' after deputy praised Elon Musk
SIEGn
-
TSLA
-

FRANKFURT (Reuters) - Siemens (DE:SIEGn) Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after his deputy praised Tesla CEO Elon Musk.

"Amusing opinions in our country: When a German chief executive proactively orients his company toward the future, he is regarded as 'lofty' and 'philosophical'. When a pot smoking colleague in the United States talks about Peterchen's moon ride, he is an admired visionary," Kaeser tweeted, referring to a German children's story about space travel.

Siemens declined to comment on the tweet, which came days after Siemens Deputy Chief Executive Roland Busch, who is German, described Tesla's (O:TSLA) Musk as a "visionary."

Kaeser's statement sparked a lively debate on social media, with the Siemens CEO later seeking to clarify his comments.

In an exchange with a journalist from a business daily, Kaeser said in a tweet on Saturday that there was no need for wild speculation and efforts to draw references to Busch's remark about Musk.

"This is NOT AT ALL about Mr. Busch and/or Mr. Musk," Kaeser said, adding that his aim was rather to draw attention to entrepreneurial spirit in Germany and the declining relevance of German companies.

Musk provoked a Twitter storm last year after briefly smoking marijuana on a live web show with comedian Joe Rogan.

In September Siemens promoted Busch to deputy CEO, putting him in pole position to replace Kaeser as head of the German engineering giant.

On Oct. 31, Busch tweeted, "Great to meet w/ @elonmusk, a true visionary of our times. Talked about #FutureofMobility, rapid deployment of car charging enabling #electric mobility, advanced manufacturing & rocket engineering. We're proud @Siemens’ #technology is supporting Elon's most exciting dreams."

At the company's annual news conference this week, Busch said Musk's electric car maker Tesla and SpaceX, which makes rockets, are big customers for Siemens' digital industries businesses.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.