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Tim Walz Faces Backlash Over Remarks on Tesla's Stock Decline

The Minnesota governor's comments mocking Tesla coincide with ongoing attacks on the company and a brief stock recovery.

Minnesota Gov. Tim Walz addressed the concerns of audience members about the actions of President Donald Trump and Elon Musk at the Pablo Center in Eau Claire, Wisconsin, on Tuesday, March 18, 2025.
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Overview

  • Governor Tim Walz joked about Tesla's falling stock price during a Wisconsin town hall, claiming it improves his mood.
  • Elon Musk responded by mocking Walz's 2024 election loss, referencing Vice President JD Vance's White House portrait.
  • Tesla's stock, which has dropped over 40% in 2025, saw a brief rebound to $233 following Walz's remarks.
  • The Department of Justice is investigating vandalism and arson targeting Tesla, labeling these acts as 'domestic terrorism.'
  • Walz's remarks are seen as part of his effort to boost his national profile ahead of a potential 2028 presidential bid.