Elon Musk, CEO of Tesla and founder of SpaceX, said on Wednesday that political attacks on him will “escalate drastically” in the coming months. On Thursday, the world’s richest man announced that he will now vote for Republicans, despite the fact that he voted for Democrats in the past. Musk is also the richest man in the world.
“In the past, I was a Democrat voter because I believed that Democrats were generally the more compassionate party. But since they have evolved into a party that promotes divisiveness and hatred, I can no longer support them and instead will cast my vote for the Republicans “Musk published a tweet.
“Now, watch their nasty tricks campaign against me develop,” continued Musk, who has placed the Twitter transaction that he agreed to acquire for $44 billion on hold. “Watch their dirty tricks campaign against me unfold.” When acquiring the social media site, the billionaire, who is now 50 years old, said in a recent interview that after he bought it, he would undo the ban that Twitter had placed on former Republican President of the United States Donald Trump.
Musk further emphasized that Twitter is slanted to the extreme left since its headquarters are located in California, a place that is recognized for having progressive views. Musk has continued to be a vociferous opponent of the current government of Vice President Joe Biden and Democrats for their desire to increase taxes on billionaires and offer greater tax benefits to electric automobiles that are union-made. Unions are not present at any of Tesla’s plants in the United States.
In point of fact, Tesla relocated its headquarters from California to Texas, a state with a more conservative political climate, despite the fact that California was one of the states with the largest markets in the United States.
To a certain degree, he personally moved from California to Texas, where there is no state income tax, in order to take advantage of this.
Since the beginning of last year, Musk has ultimately sold around $25 billion worth of Tesla shares in order to pay taxes and provide financial support for his planned takeover of Twitter. According to Observers, the transactions allowed him to capitalize on the surge in Tesla’s shares in addition to diversifying his holdings. Regarding the potential acquisition, Musk has said that he would go through with the transaction only under the condition that the spam profiles on the microblogging sites amount to fewer than 5% of the total accounts.