Will the Democrats suffer as a result of Musk’s lack of support or will they target him? This could go wrong against Elon Musk.. with recent allegations and things coming out about him it is uncovering a darker truth of what really happens behind the scenes of the political elite.
A “Dirty Tricks” Campaign Elon Musk tweeted that he will vote Republican while criticising the Democratic Party. “In the past I voted Democrat, because they were (mostly) the kindness party,” Musk wrote.
He then went on to criticise the Democratic Party, stating, “But they have become the party of division & hate, so I can no longer support them and will vote Republican.” “Now, watch their dirty tricks campaign against me unfold,” Musk said in a tweet that included a popcorn emoji.
Republican politicians like Lauren Boebert greeted Musk’s post with a tweet that said, “Welcome to the right side, Elon!” Musk, who has been labelled a libertarian, has previously intimated that his beliefs are more conservative than one may believe.
On April 28, 2022, the entrepreneur tweeted an image with moving scales depicting his political positions from 2008 until 2021. The tweet appeared to indicate that Musk’s political views were originally regarded as liberal but are now regarded as conservative.
Musk’s decision to vote Republican arrives the same week that he stated at a conference that he intends to vote Republican in the upcoming election cycle. “I would classify myself as a moderate, neither Republican nor Democrat.” Musk remarked during the conference on Monday.
“I have voted overwhelmingly for Democrats, historically. Like I’m not sure, I might never have voted for a Republican, just to be clear,” he added.
“Now this election I will.” However, following the announcement, Tesla stock fell almost 7% on Wednesday. Elon Musk Openly Attacks Joe Biden The world’s richest person has a pending bid to purchase Twitter for $44 billion, but the transaction was put on hold earlier this week due to his concerns over the number of false accounts on the popular social networking platform.
According to Reuters, Musk indicated last week that if he acquires Twitter, he will lift the ban on former US President Donald Trump, a Republican. He further said that Twitter is biased to the left since it is based in California, a state known for its progressive beliefs.
While Musk has stated that he will begin supporting Republican politicians, he has also stated that he will not be sharing his significant wealth with GOP super PACs. Elon, who Forbes ranks as the world’s wealthiest person, told CNBC in an email that he had ruled out supporting such an independent entity.
Super PACs can spend and raise a limitless amount of money to fight against their rivals, making them popular vehicles for the ultrawealthy who want to do more than participate in politics. According to Forbes, his net worth exceeds $218 billion.
Musk is one of several corporate titans who have openly criticized Biden and his administration. “I have no plans to create a super PAC,” Musk told CNBC when asked whether he intended to launch his presidential campaign to unseat Biden.
When asked about intentions for the November midterm elections, he said, “No super PAC anything going on,” However, Musk did not reply to CNBC’s follow-up inquiries on whether he intends to give or advocate for any candidates or causes in the 2018 elections, particularly whether he intends to donate directly to a Republican candidate’s presidential campaign.
Musk has become a symbol of everything from immigrant brilliance to income inequity as his enterprises have flourished. His most recent political posturing has presented him in a new light. Bureaucrats at regulatory agencies may view his probes as political attacks.
It will be more difficult for the Biden administration to dismiss him, putting other members of the president’s party in a tough position. “Elon’s unconventional behaviour has had outsized, positive results for him,” said Gene Munster, a co-founder of Loup Ventures, a research-driven technology investment firm.
“The Democrats are in a Catch-22. On the one side, Musk eviscerates them. And on the other side, his products are a part of their agenda. They will probably tread carefully when it comes to doing anything that’s a headwind to Tesla.”
Twitter Users Are Criticising “Poor Elon”
Tweets ridiculing Elon as “poor Elon” were trending on the social media network Twitter, prompting his mother, Maye Musk, to defend her son with her post. “Poor Elon might only be the 2nd or 3rd richest man in the world now,” one Twitter user speculated. “Poor Elon.
No liberals are going to buy his cars anymore when there’s so many nicer options,” another said. Musk’s mother criticised some tweets for “nasty comments” and alleged they were “trolls or bots” alluding to fake accounts. She identified herself as an “angry mom” wanting to defend Elon Musk in a tweet in which she stated she had met “top media people” who said they adored him.
Mr Musk has been talking with his mother on Twitter regularly, including a message in which she scolded him for saying he may die in “mysterious circumstances” after a disagreement with the director of Russia’s space agency.
And she defended him after a rumour claimed that his team had requested a date with Sky Ferreira at the Met Gala, which both mother and son attended. Musk replied with a tweet on Thursday, stating that the anger that greeted his party-switch post was confirmation that his move was “spot on.”
Musk has been an outspoken opponent of the Biden administration and Democrats’ ideas to tax billionaires and increases tax breaks for union-made electric autos. Tesla’s plants in the United States are not unionised.
Tesla, which counts California as its largest market in the United States, relocated its headquarters from California to more politically conservative Texas last year. Musk relocated his residence from California to Texas, which does not have a state income tax.
Since last year, he has sold over $25 billion in Tesla stock to pay taxes and fund his proposed acquisition of Twitter. Analysts believe the transactions enabled him to profit from Tesla’s stock climb and diversify his fortune.
He Was Forced To Switch Sides March 01, 2022.
During his State of the Union speech on Tuesday, US President Joe Biden praised Ford Motor and General Motors for their efforts in electric car production. However, one American EV manufacturer was conspicuously absent from the president’s speech: Tesla.
“Ford is investing $11 billion to build electric vehicles, creating 11,000 jobs across the country. GM is making the largest investment in its history—$7 billion to build electric vehicles, creating 4,000 jobs in Michigan, GM is making the largest investment in its history—$7 billion to build electric vehicles, creating 4,000 jobs in Michigan,” Biden added, naming only those two corporations as examples of American manufacturers investing in domestic manufacturing.
Tesla CEO Elon Musk was quick to point out the snub and moved to Twitter to claim that his company had done far more for American manufacturing than its competitors.
“Tesla has created over 50,000 US jobs building electric vehicles & is investing more than double GM + Ford combined,” Musk tweeted in response to a tweet from President Biden’s account.
Musk wanting Biden’s attention is nothing new. Tesla has been irritated by the Biden administration’s negligence for months. Musk claimed in August that the administration was “not the friendliest” after Tesla was uninvited from a White House meeting with automakers.
Then, in January, Musk protested that his company was omitted from an official White House film promoting electric vehicles and featuring GM CEO Mary Barra. “Biden has pointedly ignored Tesla at every turn and falsely stated to the public that GM leads the electric car industry,” Musk said on CNBC last week.
“Tesla produced over 300,000 electric vehicles last quarter, and GM produced 26.” Musk’s complaints, though, are not without weight. According to Bloomberg, Tesla’s Fremont, California, the factory is the most productive automotive plant in North America, manufacturing an average of 8,550 vehicles each week.
Tesla is to increase manufacturing in the United States and internationally this year, as the company constructs a new facility in Texas, another in Berlin, and extends its existing facilities in Shanghai.
However, the White House is allegedly wary of cooperating with Tesla due to the company’s non-unionized employees and allegations that Tesla intentionally discouraged union activity.
A California regulator also sued Tesla for racial discrimination last month, accusing the automaker of having a “racially segregated workplace.”
Tesla described the case as “misguided.” Nonetheless, Biden’s cold shoulder toward Tesla proved too much for Musk’s supporters to take in January, when a group of supporters created an online petition to encourage Biden to “acknowledge Tesla’s leadership in electric vehicles.”
The petition swiftly gathered 60,000 signatures, and whether by coincidence or not, President Biden finally acknowledged Tesla’s accomplishments on Feb. 8, referring to the business as “our nation’s largest electric vehicle manufacturer.”
Tesla has moved its headquarters from Palo Alto, California, to Austin, Texas, and the electric vehicle manufacturer is rapidly increasing its manufacturing capacity in the Golden State. Musk, who said last year that he will relocate to Texas from California, provided no date for the relocation when addressing shareholders at Tesla’s annual meeting.
Musk fought with San Francisco Bay Area health officials seeking to implement shelter-in-place orders in the early days of the coronavirus outbreak. He threatened to move Tesla’s operations to Texas or Nevada at the time.
Musk, on the other hand, mentioned the high cost of housing in the Bay Area as making it difficult for many individuals to become homeowners, resulting in long commutes.
Not only that, but Musk has long been the target of federal officials, with the Securities and Exchange Commission reportedly probing him for failing to reveal his 5% stake in Twitter soon enough, according to the Wall Street Journal.
Furthermore, he was previously sanctioned by the SEC for tweets in 2018 claiming to have “secured funding” to take Tesla private. Winds of Change Musk spent much of his career in traditionally Democratic California, where he made his first fortune in Silicon Valley and then lived for two decades in Los Angeles.
In 2020, he migrated to Texas, a Republican stronghold with no state income tax, where SpaceX is growing and Tesla is building a new plant. Musk is a tiny political donor despite his enormous fortune.
According to Federal Election Commission statistics, he has given only $529,000 to political campaigns since 2009. Approximately $282,000 of that total went to Democrats, including a $40,000 contribution to Obama’s re-election campaign in 2012.
Since 2017, he has contributed $91,700 to Republican candidates and groups, compared to $67,800 to Democrats. According to FEC records, he has yet to make a gift in the current election season.
Musk’s rightward shift is attributed to money, according to Democratic Senator Elizabeth Warren. “The Republicans are the party of letting the billionaires get away without paying taxes, so it doesn’t particularly surprise me,” Warren said in a Capitol hallway interview Thursday.
Republican supporters will discover that Musk is not an ally on all of their favourite concerns. This week, he stated that more immigration to the United States, particularly from Mexico, is a “no-brainer.” Tesla will also assist employees who need to go out of state for medical care, including abortions.
Nonetheless, in a floor speech last October, House Minority Leader Kevin McCarthy referred to Musk as “a good friend of mine.” Musk has given $129,000 to McCarthy-related committees, more than any other lawmaker.
Musk has framed his bid for Twitter as one to safeguard free expression, and he has stated that he will reinstate Trump on the network. Conservatives have praised the concept, with Senator Ted Cruz calling it “the most important development for free speech in decades.”
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