Overview

• Governor Tim Walz described his remarks about Tesla's falling stock as a joke, criticizing those offended for lacking humor.
• The comments drew sharp criticism due to Minnesota's pension fund holding approximately 1.6 million Tesla shares.
• Investor Kevin O’Leary called Walz's remarks irresponsible, questioning his oversight of state investments.
• Tesla's stock has dropped over 34% in 2025, driven by concerns about vehicle demand, pricing, and financial discrepancies.
• Walz's comments also reignited critiques of Elon Musk's leadership and his role in the Trump administration's DOGE initiative.