The CEO of Tesla has recently been heavily involved in politics.
Elon Musk is an unusual CEO.
Tesla Chief Executive Officer (TSLA) - Recently ruled that meddling in political affairs was no longer a bad thing. The millionaire has thus redefined the role of CEO as a government - they think Florida, and Disney (DIS) - and the "Don't Say Gay" bill - are trying to force companies to be neutral in public affairs and to be more concerned about their products and services.
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Musk's political attack is symbolized by the $ 44 billion bid he made on April 14 for Twitter. Ten days earlier he had disclosed 9.2% on the microblogging website.
On the tech tycoon, Twitter (TWTR) - Is Times Square of our time. By management, Musk says, he hopes to return the free speech to the site, something he says stage managers have imposed inappropriate restrictions.
He has promised to bring back to the site former President Donald Trump, who was banned from social media after Jan's events. 6, 2021, Capitol Hill.
In the Name of Free Speech
The millionaire has announced that any comments will be allowed on the site, as far as the legal requirements for the country are specified.
The decision has angered many in the Democratic Party as well as celebrities such as Bill Gates, founder of Microsoft (MSFT) - Critics say that if this were to be a Twitter symbol under Musk, the site would create hate speech, harassment and inaccurate information.
The criticism had a negative impact on Musk, who also insisted that Twitter would be open to everyone. The billionaire went on to say that he was now going to vote for the Republic in what he called the radicalization of the Democratic Party.
He recently reiterated that he had once been a Democrat, voting for Barack Obama in 2008 and 2012, but that the intolerance of the ongoing Democratic Party pushed him forward and into the arms of the Republicans.
"In the past I voted for the Democrats, because (mostly) they were a party of grace," said the richest man in the world recently. "But they have become a sect of hatred, so I will not be able to support them and I will vote for the Republican."
"Now, look at their dirty tricks against me unfolded ... 🍿"
Musk: Wave of Moderates Will Back Republicans
Jon Favreau, Barack Obama's former speech director, pointed out to Musk that he was closer to Democrats on environmental issues than Republicans and that Tesla survived because of the Democratic Party's attempts to control it.
Musk predicts that a large number of Democratic Party voters or moderate voters will vote for Republicans in the mid-year elections in November.
"I know it's crazy that the guy who was part of the White House that made Tesla exist doesn't give Tesla enough love now, but supporting MAGA climate politicians who want to overthrow the election is not the answer," Favreau said. told Musk. "He is very close to the Dems by climate and I hope for democracy."
"I recently moved from a moderate D to a moderate R, as I think most independent voters have done," replied mogul on May 20. "We will know the magnitude of the practice by November. I think it is great."
President Joe Biden's approval ratings and economic concerns are currently causing Democrats to fear a possible loss in the mid-2022 elections. Some Democratic Party leaders are preparing for the hope that the party will lose control of at least the House of Representatives.
Recent election history shows that a party in the White House often loses power in mid-year elections. This was the case in 2010 and 2018 for example. Currently, Democrats have the youngest members in the Senate and the House.
The relationship between Musk and the Democrats was good. In 2010, the electric car manufacturer received a $ 465 million loan from the Department of Energy, which was the first major support at the time.
Tesla at the time was a pioneer in the automotive industry that was devastated by the financial crisis and saw the demise of GM (GM) - and Chrysler (STLA) - Tesla made its first public offering in June of that year. (The company repaid the union government loan in 2013.)
In April 2010, President Barack Obama visited Musk and visited the SpaceX launch sites at Cape Canaveral Air Force Station in Florida during a trip to NASA's Kennedy Space Center. In April 2016 Obama also became the first to applaud SpaceX's success with the arrival of rockets at sea.
"Congratulations to SpaceX for placing the rocket at sea. It is because of innovators like you and NASA that America continues to lead the way in space exploration."
Musk immediately thanked him.
"@POTUS Thanks on behalf of the amazing team at SpaceX!"
Musk's divorce from Democrats comes at a time when many government agencies are investigating Tesla.
The National Highway Traffic Safety Administration is investigating Autopilot, Tesla's driver assistance program. The company has promised that by the end of the year its vehicles will be fully operational.
The Securities and Exchange Commission recently released a letter of appeal to Tesla and Musk regarding the 2018 agreement on the CEO's titter stating that he would take the car manufacturer into secrecy.
FTC is reviewing Musk's Twitter application for news of the scandal, while the Federal Aviation Administration is reviewing SpaceX's plans to launch its new Starship rocket from Boca Chica, Texas.
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