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Elon Musk has labeled Minnesota Governor Tim Walz a "huge jerk" after Walz mocked Tesla's plummeting stock price during a town hall. This exchange highlights the increasing polarization in U.S. politics, as public figures engage in unfiltered disputes that resonate with their respective bases, further deepening partisan divides. Political analysts suggest such confrontations are likely to persist, reflecting a trend of incivility in political discourse.
Elon Musk has acknowledged that his role in the Trump Administration's Department of Government Efficiency (DOGE) is negatively impacting Tesla's stock price, which has dropped 48% since December. Protests against his government activities have emerged, coinciding with a 45% decline in Tesla sales in Europe and record trade-ins of older models. Analysts suggest that Musk needs to balance his commitments to both Tesla and DOGE to restore investor confidence.
Elon Musk has expressed frustration over recent Tesla protests, claiming they are fueled by paid demonstrators, allegedly backed by his former associate Reid Hoffman. Despite his accusations, no evidence supports this claim, while Musk himself incentivized attendance at a rally for a Republican candidate. The protests, which began as a grassroots movement, have gained momentum, with activists arguing that Musk's actions contribute to an authoritarian regime in the U.S.
Elon Musk is reportedly pushing NASA to abandon its Moon missions in favor of Mars exploration, leveraging his influence as SpaceX's CEO and the anticipated appointment of Jared Isaacman as NASA administrator. This shift could benefit SpaceX's Starship project but risks significant backlash from Congress and could derail decades-long lunar plans. Musk has criticized the Artemis program as inefficient, advocating for a focus on Mars instead.
At a rally in Wisconsin, Elon Musk acknowledged that the distribution of DOGE stimulus checks to taxpayers may not materialize, as it would require approval from Congress or President Donald Trump. This admission raises questions about the future of such financial initiatives.
Tesla shares fell nearly 6% amid a broader market sell-off, with CEO Elon Musk attributing the decline to his involvement with Dogecoin and political challenges. He acknowledged that the situation is significantly impacting Tesla's stock value and sales, as protests against him occur at dealerships nationwide. Additionally, analysts are concerned about reduced delivery forecasts linked to the new Model Y and potential tariff impacts, which Musk recently indicated could negatively affect the company.
Access to the page has been denied. However, Musk's proposed $1 trillion in federal spending cuts could represent a significant shift for the defense sector, according to UBS. This move may reshape funding priorities and impact various defense initiatives moving forward.
Elon Musk has stated that the backlash against his government cuts related to DOGE is negatively impacting Tesla's stock performance. This situation highlights the interconnectedness of his ventures and the market's reaction to his decisions.
Wisconsin is witnessing the most expensive judicial race in U.S. history, with over $90 million in funding for a Supreme Court seat that could shift the court's liberal majority. Notably, Elon Musk and his affiliated groups have contributed around $20 million, making the election a proxy battle over the president's agenda.
Elon Musk addressed the potential for stimulus checks funded by the Department of Government Efficiency (DOGE) during a rally, stating that the decision lies with Congress and the president. While DOGE claims to have saved $130 billion, some lawmakers oppose the idea of distributing these funds as checks, emphasizing fiscal responsibility amid a $36 trillion federal debt. The future of these proposed checks remains uncertain as discussions continue in Congress.
Elon Musk
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musk and walz engage in heated political exchange over tesla's stock decline
Tesla, Inc.
USA
Bret Baier
Donald Trump
Ian Anson
Tim Walz
Elon Musk
JD Vance
Lara Schwartz
Brad Fulton
Melvin Williams
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