Published On Oct 7, 2024, 8:25 AM
Elon Musk supported Donald Trump at a rally, emphasizing his alignment with the MAGA movement. Meanwhile, venture capitalist Ben Horowitz, previously a Trump supporter, announced his support for Vice President Kamala Harris and plans to donate to her campaign. Horowitz's shift is notable given his earlier endorsement of Trump and criticism of the Biden administration for its tech policies.
Musk's continued support for Trump may indicate stability for Tesla (TSLA) among Trump's base, but it also risks alienating customers and investors who favor Harris. With Horowitz's shift, there could be increased scrutiny on tech sector policies, affecting stocks in that area if Harris wins.
Gerber Kawasaki CEO Ross Gerber comments on Tesla’s ‘We, Robot’ event and the market reaction on ‘The Claman Countdown.’
Oct 11, 2024, 2:35 PM
A district court ruled that Sweden’s constitution prevented it from taking a side in a labor dispute between Tesla and local unions that has dragged on for 11 months.
Oct 11, 2024, 1:01 PM
Investors were left with more questions than answers, it seems, following Tesla’s “We, Robot” robotaxi event on Thursday night.