2025-03-14 13:29:11

Elon Musk's Political Quandary and Business Struggles

Elon Musk, the world's richest man, is experiencing significant challenges amidst his political alliances and business decisions. Despite his substantial influence, Tesla is facing a downturn, with a notable decline in stock value and sales. Musk's close ties with Donald Trump have drawn criticism, especially as Tesla warns of the detrimental effects of Trump's tariffs on aluminum and steel. These tariffs threaten to increase production costs and reduce Tesla's competitiveness.

Musk's political involvement extends beyond Trump, as he has emerged as a significant donor, contributing over $290 million to Trump and the Republican Party. This raises concerns about the power of the super-rich in shaping U.S. politics. Musk's other ventures, such as Starlink, and his chaotic personal life further complicate his public image.

Critics argue that Musk's political distractions and alignment with right-wing ideologies are damaging Tesla's brand. Additionally, the company faces supply chain issues and challenges with its self-driving technology, further affecting its performance. As Musk navigates these complexities, the future of Tesla and his broader influence remain uncertain.

morgenpost
13. März 2025 um 18:53

Musk in Trouble: Trump's 'Useful Idiot' Is Ruining Himself

Finance
Politics
Economy
Technology
The electric mobility giant Tesla is in a massive downward spiral. Elon Musk, the richest man in the world, continues to align himself with Donald Trump, even though the former president discards confidants when they become a burden. Musk is investing millions in Trump-affiliated circles to stop the galloping image loss of his company, which is perceived as embarrassing and desperate. In doing so, Musk is relying on a convicted advocate of combustion engines to halt the image loss of his 'baby'..
World - South China Morning Post
14. März 2025 um 08:30

Outside In | Elon Musk and the worrying political reach of the super-rich

Politics
Economy
Finance
James Ashley's 2023 book on Elon Musk portrays him as a “tough yet vulnerable man child” with high-risk tolerance and intense ambition. Ashley's insights stem from his analysis of Musk's ventures, including Tesla and Starlink, alongside Musk's chaotic personal life, marked by six partners and 14 children. Musk's recent influence as Donald Trump’s political muse raises concerns about the power of the super-rich in U.S. politics, particularly as he was a significant donor, contributing over $290..
The Guardian
14. März 2025 um 09:00

Musk’s entitlement remarks show Trumpworld can’t keep its story straight

Politics
Economy
Elon Musk, a Trump ally, called for cuts to federal entitlement programs, linking them to attracting and retaining illegal immigrants, echoing the 'great replacement' theory. The White House tried to clean up the mess, but Musk's project is designed to cripple government agencies and erode public trust, which may ultimately undermine Trumpism.
Berliner Zeitung
14. März 2025 um 10:11

Musk suddenly against Trump tariffs? Tesla writes a strongly worded letter to the US government

Politics
Economy
Finance
Tesla warns in a letter to the US government about the negative effects of tariffs. The letter was not signed, as no one at Tesla wanted to be fired for it. Tesla's stock has dropped 40% since the beginning of the year, and sales in Europe and China have declined sharply.
CW

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