Walz Mocks Tesla Stock Drop at Wisconsin Speech

Minnesota Governor Tim Walz, a former vice presidential candidate, mocked Tesla's stock slump during a speech in Wisconsin, using the company's declining value to boost his mood. Walz's comments were in response to Tesla's stock falling more than 50% from its peak, amid broader market challenges and controversies surrounding Elon Musk's political ties. Musk fired back on his social media platform X, referencing a portrait of Vice President JD Vance in the White House to counter Walz's remarks. The exchange highlights Tesla's struggles, with its stock dropping 44% year-to-date due to competition, Musk’s political entanglements, and protests against his ties to the Trump administration. Despite Walz's jab, Tesla's stock saw a slight increase following his comments, reflecting the volatile market conditions surrounding the company. This public spat underscores the growing political and economic pressures facing Tesla, as it continues to navigate ongoing challenges in the electric vehicle market.