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Musk Claims To Have Snubbed WEF Since It's 'Boring' And Tackles 'Satanic ESG'

  • Writer: By The Financial District
    By The Financial District
  • Jan 22, 2023
  • 2 min read

Elon Musk claimed to have snubbed this year’s World Economic Forum (WEF) in Davos, Switzerland, and threw shade at its founder, Klaus Schwab, and its president Borge Brende, asking who Schwab is, and why he prattles about “cooperation in a fragmented world,” Luc Olinga reported for TheStreet.


Photo Insert: Musk's supposed refusal to take part in the WEF comes at a time when this circle of political leaders, business executives, cultural trendsetters, and international organization chiefs is facing increasingly violent criticism.



"My reason for declining the Davos invitation was not because I thought they were engaged in diabolical scheming, but because it sounded boring," Musk explained on December 31, and adding later added that the elite conclave to which he belongs gives him the willies.


Musk's supposed refusal to take part in the WEF comes at a time when this circle of political leaders, business executives, cultural trendsetters, and international organization chiefs is facing increasingly violent criticism.



Just like Musk after he bought Twitter and mangled it, and Tesla lost more than $200 billion of its market value.


These critics challenge the power and influence of this gathering of elites, and in particular of its founder. Musk seems to share these criticisms.


“The World Economic Forum's Davos summit starts tomorrow. Its founder, Klaus Schwab, is one of the most influential men alive. He even participated in the G-20 summit of world leaders last November," author Michael Shellenberger tweeted. "Why is that? And who, exactly, is Klaus Schwab?" an enraged Musk countered.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

"I guess there’s value to having a mixed government & commercial forum of some kind," the billionaire said. "WEF does kinda give me the willies though, but I’m sure everything is fine ."


Earlier, Musk, who mocks all things ESG (environment, social and corporate governance), had already made a sarcastic comment after a tweet from Shellenberger about the WEF.


"The WEF says its wealth is managed by an internal Investment Committee that seeks to incorporate 'environmental, social and governance (ESG) criteria in its investment strategy to manage the foundation’s long-term strategic reserves," Shellenberger wrote.


Market & economy: Market economist in suit and tie reading reports and analysing charts in the office located in the financial district.

"The S in ESG stands for Satanic," Musk shot back. Had WEF included a chat about the possibility of earthlings occupying Mars, Musk could have flown to Davos, pronto.


WEF organizers later belied Musk's claim, stating that the embattled new owner of Twitter was not invited.





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