Elon Musk said that he supports Andrew Yang in 2020 elections. Musk was a part of Trump’s Council of Economic Advisers, but quit.

Tesla’s (TSLA) CEO Elon Musk said that he supports Andrew Yang in the 2020 elections. Yang is a 2020 Democratic presidential candidate who has floated the idea of UBI (or Universal Basic Income). UBI has been a controversial topic. Some see the idea as too socialist and left-leaning. Others see it as a necessity. Notably, some Democrats like Alexandria Ocasio-Cortez have supported MMT (Modern Monetary Theory). However, many, including Berkshire Hathaway (BRK-B) chairman Warren Buffett, don’t endorse the MMT.