The worlds richest man Elon Musk appeared to be feeling himself on Sunday.
Conservatives were excited about reporting saying he planned to spend $45 million a month supporting Donald Trump.
On Tuesday, Teslas quarterly report painted a dire picture for the company.
Elon Musk speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.© Photo by Apu Gomes/Getty Images
Musk gave his full-throated endorsement of Trump following afailed assassination attempton the candidateon July 13.
The move didnt sit well with a lot of Tesla fans.
The customers buying expensive electric cars tend to be wealthy and planet-conscious.
In other words, theyre liberals who arent fans of Trump.
Early investor analysis of the brands image following Musks endorsement of Trumpdidnt look good.
They were down 55% last quarter.
Tesla stock took a hit after the report.
Trumps presidential plans may also ding the automaker.
So it doesnt make sense to invest a lot in Mexico if that is going to be the case.
We kind of need to see where things play out politically.
Im not donating $45 million a month to Trump, he told Peterson.
What I have done is I have created a Super PAC…which I simply call the America PAC.
In the same interview, he alsodeadnamedhis trans daughter and referred to her as dead.
Killed by the woke mind virus, he said.
The America PAC has hired people who used to work on Gov.
Ron DeSantisspresidential bidand already spent $21 million so far.
What Musks exact involvement is and how much he plans to give to it is a mystery.
With Tesla, Musk is betting the farm on autonomous driving.
Theres no guarantee that the systems will work, but the companys future is acting like riding on it.
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