Karl Rove scolds Trump over Boeing comments

GOP strategist Karl Rove is criticizing President-elect Donald TrumpDonald John TrumpBill Kristol resurfaces video of Pence calling Obama executive action on immigration a 'profound mistake' ACLU says planned national emergency declaration is 'clear abuse of presidential power' O'Rourke says he'd 'absolutely' take down border wall near El Paso if he could MORE for his recent comments about Boeing's contract for a new Air Force One plane, saying they were inaccurate and hurt innocent stockholders.

“He said something that was not accurate that had a negative impact on that stock, namely that there was a $4 billion contract,” Rove told Fox News’s Bill Hemmer on “America’s Newsroom” Wednesday.


"There is no contract for $4 billion, there’s a contract for $170 million. There is no $4 billion contract," he continued. "The impulse — that we want to save the taxpayers money — that’s admirable. But this was fire, ready, aim in my opinion.”

Rove said Trump's actions also hurt Boeing stockholders.

“What he did yesterday was he de-stabled the stock of a major American company,” he said. "That stock is held by millions of Americans."

“Now, it’s not just a bunch of executives in Chicago or a bunch of management types sitting in Charlotte, N.C., or Seattle, Wash., where they have their management facilities,” Rove added of Boeing.

“[It’s held by] pension funds, by university endowments, by ordinary people who’ve invested in Boeing. There’s one elemental thing a president ought to keep in mind, which is the power of his words, and therefore, the accuracy of his words.”

Trump on Tuesday ripped Boeing over the cost of a new Air Force One plane, calling for the contract to be canceled.

“Boeing is building a brand new 747 Air Force One for future president, but costs are out of control, more than $4 billion,” he tweeted. "Cancel order!”

Boeing responded by insisting its contract is actually for $170 million, far less than Trump claimed.

“We are currently under contract for $170 million to help determine the capabilities of these complex military aircraft that serves the unique requirements of the president of the United States,” it said in a statement.

The Pentagon announced in January that Boeing had won a contract to replace the current Air Force One planes.

The initial contract was worth just $25.8 million, but the Air Force planned on spending as much as $1.65 billion on the project, according to Reuters.