Can not assist Democrats, will vote Republican: Elon Musk

Tesla Inc TSLA.O CEO Elon Musk stated on Wednesday that whereas he voted for Democrats up to now, he’ll now vote for Republicans.

“In the past I voted Democrat, because they were (mostly) the kindness party. But they have become the party of division & hate, so I can no longer support them and will vote Republican,” he tweeted.

“Now, watch their dirty tricks campaign against me unfold,” stated Musk, the world’s richest man, who has agreed to purchase Twitter,

In the previous I voted Democrat, as a result of they had been (largely) the kindness celebration.

But they’ve grow to be the celebration of division & hate, so I can not assist them and can vote Republican.

Now, watch their soiled methods marketing campaign towards me unfold

— Elon Musk (@elonmusk) May 18, 2022

The 50-year-old billionaire not too long ago stated he would reverse Twitter’s ban on former U.S. President Donald Trump, a Republican, when he buys the social media platform. He additionally stated Twitter is far-left-biased as a result of it’s headquartered in California, a state identified for its progressive politics.

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Musk has been a vocal critic of the Biden administration and Democrats for his or her proposals to tax billionaires and provides extra tax incentives to union-made electrical autos. Tesla doesn’t have unions at its U.S. factories.

Last yr, Tesla, which counts California as its largest market within the United States, moved its headquarters from California to the extra politically conservative Texas.

Musk moved his private residence from California to Texas, the place there isn’t any state earnings tax. He has offered about $25 billion price of Tesla inventory since final yr with the intention to pay taxes and finance his proposed acquisition of Twitter. Analysts stated the gross sales helped him money in on Tesla’s inventory rally and diversify his wealth.