Elon Musk trolls top Dem who mocked Tesla’s falling stock price
Tech billionaire Elon Musk fired back at Minnesota Gov. Tim Walz (D) for mocking the plummeting stock prices of Tesla.
Walz jabbed Musk over the falling stock price of Tesla during a speech in Wisconsin on Tuesday as he continues to keep up his national profile since losing the 2024 election with former Vice President Kamala Harris in November. Walz told the audience that he frequently checks the stock price of Tesla.
“On the iPhone, they’ve got that little stock app. I added Tesla to it to give me a little boost during the day,” Walz said, noting that the stock price is continuing to drop.
“And if you own one, we’re not blaming you. You can take dental floss and pull the Tesla thing off,” he added.
Musk responded to Walz’s comment in an early morning post to social media platform X on Wednesday.
“Sometimes when I need a little boost, I look at the @JDVance portrait in the @WhiteHouse and thank the Lord,” Musk wrote.
Tesla has been plagued by a number of issues since the start of President Donald Trump’s term as many Americans protest Musk’s role in Trump’s administration. On Tuesday, Tesla stock fell about 5.3%.
JPMorgan analysts told clients last week that they expect Tesla to report its lowest number of deliveries since the third quarter of 2022 and an 8% decline from the first quarter of 2024, according to a Forbes report.
Tesla dealerships have also seen massive ongoing protests,nicknamed “Tesla Takedowns,” for several weeks. Many people have also organized boycotts of Tesla—a move that Trump declared “illegal” last week.
Musk continues to run Tesla — as well as X and the rocket manufacturer SpaceX — while also serving as Trump’s adviser.
Tesla stock doubled in value in the weeks after Trump’s election but has since shed all those gains.
Trump gave a boost to the company when he turned the White House driveway into an electric-vehicle showroom. He promoted the vehicles and said he would purchase an $80,000 Model S, eschewing his fierce past criticism of electric vehicles.
The Associated Press contributed to this report.
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