Elon Musk put over 20 million dollars (about 78 million PLN) on Brad Schimel, a conservative candidate in the Wisconsin ultimate Court election — and he lost spectacularly.
The day before the vote, a billionaire appeared at a rally in Green Bay in a giant yellow cheese hat — it was meant to mention to the word "cheesehead" as described by the Wisconsin people and fans of the Green Bay Packers football team. During the meeting, he gave voters 2 checks for a million dollars (about PLN 4 million). He did this for signing "Petsy on Opposition Against Activists Judges".
Just a fewer hours later Tesla recorded the largest quarterly drop in sales in past — 13% The company's main rivals saw an increase of 60%. And that's not the end of Musk's problems.
Since January of that year his property has decreased by over a 4th — to $302 billion (about PLN 1.2 trillion). This is 130 billion dollars (about PLN 510 billion) little than at the beginning of the year, when it reached $432 billion (about 1.8 trillion PLN).
Despite this, it remains at the top of the ranking of the richest people in the planet — leaving Jeff Bezos over $100 billion behind (about PLN 392 billion). Nevertheless, this is not the easiest time for Muska. Only in the last few, after the Trump administration imposed duties on a number of US trading partners, Musk lost 20 billion dollars (about PLN 78 billion). He besides had to pay a lot for the function Trump had given him.
A Precious Alliance
After winning the election, he made Muska head of the recently created improvement body — the Department of Government Efficiency, in short DOGE. Billionaire was given the task of reducing government spending and transforming national bureaucracy. In carrying out this function In fresh months Elon Musk has fired thousands of national workers. However, his days as a “special government employee” in the Trump administration may besides come to an end.
According to the Trump ellipse acquainted with the subject Musk office may end in May or June. They claim that Musk has "crossed his part" in Washington.
All this chaos profoundly damaged his public image and hit Tesla hard, which is increasingly losing its erstwhile base of eco-liberal supporters. "Muska Soyusz with far right set fire to Tesla brand in the eyes of (...) left-wing customers" “ CNN journalists write. Attempts to attract buyers from conservative areas failed, more and more people believe that in order to save the company, Musk reaches for desperate measures.
“Money can buy many things, but not all. And since Tesla's sales are inactive falling, Musk is clearly convinced that he is not the only individual who deals cards," concludes CNN. Other billionaires close to Donald Trump have besides late lost tens of billions of dollars. For example, Jeff Bezos's estate, the CEO, graduated by over 45 billion dollars (about 176 billion PLN), and Mark Zuckerberg by over 28 billion dollars (about 110 billion PLN).
