Kevin O'Leary Critiques Tim Walz for Tesla Remarks Amid State Holdings

Minnesota Governor Tim Walz has faced backlash for joking about rooting for Tesla's stock to drop, a comment criticized by investor Kevin O'Leary as 'beyond stupid' given that Minnesota's pension fund holds 1.6 million shares of the company. During a town hall event, Walz mentioned that he added Tesla to a stock app on his phone to feel better when the stock decreased, prompting O'Leary to question his awareness of the implications for state investments. O'Leary and other commentators expressed concern about the negative impact of Walz's remarks on the livelihoods of Tesla employees, many of whom may share Democratic values. Critics have labeled Walz's comments as irresponsible and damaging, especially in light of rising tensions surrounding attacks on Tesla dealerships. The controversy highlights the intersection of politics and corporate performance, particularly regarding the perception of American businesses. Responses to Walz's comments reflect a wider sentiment of discontent among Democrats as they grapple with low approval ratings.