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 4 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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[–] Dultas 7 points 4 months ago (1 children)

Tesla stock has never been based on any real metrics or logic. It'll be interesting to see sales over the next quarter.

[–] [email protected] -2 points 4 months ago* (last edited 4 months ago)

Most of the stock market growth is due to things like buybacks.