Friday, June 24, 2022

Tesla’s Musk says he ‘can no longer support’ Democrats, will ‘vote Republican’

Tesla CEO Elon Musk said on Wednesday that he had voted Democrats in the past, but will now vote Republican.

“In the past I voted for Democrats, because they were (mostly) the kind party. But they have become a party of division and hatred, so I can no longer support them and will vote Republican,” he tweeted.

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Musk, the world’s richest man, agreed to buy Twitter, saying, “Now, look at their dirty tricks campaign against me.”

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The 50-year-old billionaire recently said he would reverse Twitter’s ban on former US President Donald Trump, a Republican, when he buys the social media platform. He also said that Twitter is far-left because it is headquartered in California, which is known for its progressive politics.

Musk has been a vocal critic of the Biden administration and Democrats for proposals to tax billionaires and give more tax incentives to union-built electric vehicles. Tesla has no unions in US factories.

Last year, Tesla, which counts California as its largest market in the United States, moved its headquarters from California to more politically conservative Texas.

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Musk moved his personal residence from California to Texas, where there is no state income tax. He has sold nearly $25 billion worth of Tesla stock since last year to pay taxes and finance his proposed acquisition of Twitter. Analysts said the sale helped them capitalize on Tesla’s stock rally and diversify their assets.

Read more: Musk says $44 billion Twitter deal on hold

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com
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