
Audio By Carbonatix
Tesla boss Elon Musk has said H-1B visas were being "gamed" by "some outsourcing companies", but the solution was stopping the abuse and not dismantling the system.
Roughly 70% of these visas - that allow US companies to hire skilled foreign workers - are used by Indian citizens working in sectors like technology and medicine.
In September, US President Donald Trump added a $100,000 (£74,000) fee for applicants to the H-1B visa programme, sparking anxiety among Indian workers and employers.
Musk was speaking to Indian entrepreneur Nikhil Kamath on his podcast, released on Sunday evening, and also touched on a range of other issues from tariffs to immigration.
During the conversation, Musk maintained that America has "long benefitted" from talented Indian migrant workers, but acknowledged concerns about the "misuse" of the H-1B visa programme.
H-1B visas are given out through a lottery, and outsourcing and staffing firms have often been accused of manipulating the system using tactics such as submitting multiple entries for the same worker or using the visa to hire low-cost contract workers rather than for speciality occupations.
"We need to stop the gaming of the system," Musk said.
"But I'm certainly not in the school of thought that we should shut down the H-1B programme...which some on the Right are. I think they don't realise that that would actually be very bad."
According to data released this month by a think tank, H-1B visa approvals for Indian outsourcing companies have fallen to the lowest level in a decade.
In this financial year, the top seven Indian companies had only 4,573 H-1B petitions approved for initial employment, a 70% drop from 2015 and 37% fewer than 2024, according to the National Foundation for American Policy (NFAP).
Trump's policies "could lead to higher denial rates and other problems for employers", the NFAP report warned.
Besides H-1B visas, Musk also spoke about Trump's decision to use tariffs as a centrepiece of his economic policy during his second term.
Musk said he had "unsuccessfully" tried to dissuade Trump from raising tariffs, which he said, "create distortions in markets". But "the President has made it clear he loves tariffs".
Earlier this year, the US imposed 50% tariffs on Indian goods, including a 25% penalty for buying Russian oil.
While several other countries have inked trade deals with the US , Indian goods exports to the US continue to attract some of the steepest levies in the world.
Negotiations for a trade deal between the two countries are under way, with the goal of concluding an agreement by the end of this year.
Latest Stories
-
Global drug threats emerging rapidly through technology – NACOC D-G
4 minutes -
Wontumi conviction: History has been made; political protection for illegal miners over – Inusah Fuseini
4 minutes -
No sirens or police escorts without approval, Speaker Bagbin tells MPs
7 minutes -
Challenging Heights selected for FIFA Global Citizen Education Fund to support child trafficking survivors
18 minutes -
Italy proposes 3,000 hectare mechanised cocoa farm as COCOBOD explores new partnership
20 minutes -
Adu Boahene trial: EOCO investigator says no complaint sparked GH¢49.1m probe
21 minutes -
Photos: Mahama meets global health leaders to discuss Africa’s health sovereignty
23 minutes -
President Mahama discusses health-related matters with top UN officials
24 minutes -
SABC apologises after falsely linking Ghana to Ebola outbreak
33 minutes -
Ecobank, Mantrac Ghana partner to boost equipment financing for local businesses
37 minutes -
No formal report of MMDAs issuing permits for mining equipment – Lands Minister says despite JoyNews investigation
37 minutes -
When the assignment has two authors: One human, one AI
45 minutes -
BoG reviews effectiveness of cash reserve ratio reform
48 minutes -
I will lead Ashanti with less speeches and more work; COKA optimistic of victory in NPP Chairmanship race
52 minutes -
Minority MPs wear black in Parliament to protest Wontumi’s 20-year jail sentence
1 hour