Musk Is Supporting a MAGA Ticket That Will Just Hurt Tesla
A victory by Donald Trump and JD Vance would guarantee an assault on the electric-car industry, so the CEO’s support is a head-scratcher.
Kiss incentives goodbye.
Photographer: Kena Betancur/AFP/Getty Images
Imagine you’re one of the world’s wealthiest people and the chief executive officer of one of the world’s biggest electric-car makers. It’s an election year, and the presidential nominee and running mate of one of your nation’s two main political parties routinely express deep hostility to electric cars (and boats, but also sharks?) and vow to end any government favors to your industry.
Naturally, as a shrewd business executive, you would dedicate some of your wealth to making sure said nominee and running mate were defeated at the polls, thus protecting your electric-car franchise and your ability to keep being preposterously wealthy.