Elon Musk Endorses Donald Trump for U.S. President Following Rally Incident
Elon Musk, the illustrious CEO of Tesla and SpaceX, has officially thrown his support behind former President Donald Trump for the upcoming 2024 presidential election. The endorsement came shortly after an assassination attempt on Trump took place during a rally in Butler, Pennsylvania over the weekend.
A Bold Statement on Social Media
Musk took to X to make his statement, declaring, "I fully endorse President Trump and hope for his rapid recovery." This announcement was made just hours after the harrowing incident at the rally, which fortunately did not result in any injury to Trump.
I fully endorse President Trump and hope for his rapid recovery pic.twitter.com/ZdxkF63EqF
— Elon Musk (@elonmusk) July 13, 2024
Financial Contributions and Political Support
Bloomberg recently reported that Musk donated to America PAC, a major political action committee backing Trump. The PAC, which has spent $15.8 million on direct voter contacts, is currently the largest spender in Trump’s campaign. The donors’ list will be disclosed on July 15, showcasing the financial backers of Trump’s campaign.
Musk’s Praise and Criticism
Following his endorsement, Musk made additional comments on various issues. He compared Trump to Theodore Roosevelt, stating, “Last time America had a candidate this tough was Theodore Roosevelt.” Musk also criticized the Secret Service team at the rally, suggesting that the individual in charge of security should be terminated.
Consistent Support
Musk’s endorsement is not entirely surprising, given his recent history of statements that align with Trump’s views on topics such as illegal border crossings and allegations of voter fraud. Tesla’s head has frequently voiced his disagreements with incumbent President Joe Biden, making his support for Trump more predictable.
Speculations on Musk’s Role
In recent weeks, speculation has mounted regarding Musk possibly securing an advisory role in Trump’s administration, should he win. However, Musk has dismissed these rumors, stating that no such discussions have taken place.
Interestingly, Trump has recently softened his stance on electric vehicles (EVs). Last month, he expressed his support for EVs and praised Musk, saying he is “a fan of Elon.” During Tesla’s latest Annual Shareholder Meeting, Musk commented on his interactions with Trump, noting that the former president occasionally reaches out to him unexpectedly.
Industry Impact
According to some industry experts, Tesla could potentially benefit from another Trump presidency. Daniel Ives, a Wedbush analyst, suggested that given Trump’s recent favorable remarks towards EVs and Musk, the future could be promising for Tesla under Trump’s leadership.
Looking Ahead
Elon Musk’s endorsement of Donald Trump for president adds a significant layer to the political landscape as the 2024 elections approach. With both men being prominent figures in their respective fields, their alliance could reshape various dynamics within the U.S. political and business environments.
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William Kouch, Editor of Electric Vehicles, Automotive.fyi
