According to the SPIN article, it's his "favorite piece of musical gear";
“My Squier Bullet. It was my first guitar. An old dobro picker named Pete Benbow gave it to me. So many fluids of different origins have graced this Japanese-crafted masterpiece.”
I bought a Squire Bullet Strat about two years ago, and have been playing it since. I changed out the pickguard and pickups on mine, as well as the pots and tone cap. The neck feels nice, and overall it's fun to play - cheap too.