this post was submitted on 22 Jul 2024
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'Problem for Tesla': Dems flee automaker over Musk’s Trump endorsement (www.rawstory.com)
submitted 3 months ago by dragontamer to c/realtesla
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But Musk later changed his mind, reportedly donating $45 million a month of his money to the pro-Trump political action committee American PAC.

`Nuff said. CEOs are often Republican, but to be this outspokenly political is normally a bad thing for CEOs like Musk. Media company heads (and Twitter/X is a media company) are supposed to at least pretend to be neutral.

And catering to the far-right seems like a bad idea if your company makes EVs. But what do I know?

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[–] [email protected] 5 points 3 months ago (1 children)

How do Trump's policies affect him?

Not saying he's a genius, but everything Trump is promoting benefits Musk.

[–] [email protected] 13 points 3 months ago* (last edited 3 months ago) (2 children)

Yeah, like talking of making EV's illegal.

Edit: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2589535-trump-vows-to-target-green-spending-ev-rules

Well maybe not illegal, but more expensive

[–] [email protected] 4 points 3 months ago

As of 2022, 37% of Musk's wealth was due to Tesla stocks.

[–] Fedizen 1 points 3 months ago

but think of how much tesla stock you can buy with your educational credit account that's supposed to pay for your kids elementary school (see project 2025)