Minnesota Governor Tim Walz Clarifies Remarks Mocking Tesla Stock Decline

Walz described his comments as a joke, criticized Elon Musk's leadership, and addressed concerns over Minnesota pension fund's Tesla holdings.

Tim Walz stated his remarks about Tesla's stock drop were intended as humor, accusing critics of being overly literal.
The Minnesota State Board of Investment holds approximately 1.8 million Tesla shares, raising economic concerns over Walz's comments.
Tesla's stock has fallen 41.4% year-to-date, partly linked to backlash against Elon Musk's role in the DOGE initiative to cut the federal workforce.
Walz expressed personal frustration with Musk, calling him a figure who 'bugs' him in an 'unhealthy' way.
The controversy highlights tensions between political commentary, economic implications, and public sensitivity to humor.