HomeEconomy"Elon was not very popular in the surveys": Trump's Minister of Finance,...

“Elon was not very popular in the surveys”: Trump’s Minister of Finance, judges that Musk should take care of his businesses instead of politics

While the Chief of Tesla and Spacex announced on Saturday the creation of his “America party”, Scott criticizes the billionaire and judges that it is his business that must concentrate.

The American Finance Minister Scott Besent estimated on Sunday that billionaire Elon Musk, who announced the day before the creation of his own political training, should encourage himself to devote himself to his businesses instead of politics.

“I think the boards of directors of their various companies wanted to return to lead these companies, to which he is better than anyone,” Scott Besent reacted, questioned CNN to find out if the announcement of the richest man in the world worried the Trump administration.

According to him, “the principles” defended by the commission led by Elon Musk were “very popular” but “when we look at the surveys, Elon no”.

Mm. Musk and Trump were very close.

The “United States party”

Elon Musk has contributed to more than $ 270 million to the Republican campaign for the White House and, in particular, the Government Efficiency Commission (Doge) has been tested to drastically reduce federal expenditure. I was accustomed to the oval office.

He left Doge in May to take control of his businesses and, in particular, of the specialist in Tesla Electric Vehicles, whose image and sales suffered in the world due to this collaboration.

Shortly after, the two men barely discarded very publicly about Donald Trump’s budget bill.

He firmly opposed this text, which denounces the impact on public finances, Elon Musk had promised to launch his own political party if the text was adopted.

He put his threat to the execution on Saturday, the day after the promulgation with great fanfare of the “big and beautiful law” of Donald Trump, announcing the creation of his training, the “United States party”.

“A bad turn”

“By immersing each other even more in politics (…), Musk goes exactly in the opposite direction of what Tesla’s shareholders want to do during this crucial period in the history of Tesla,” said Dan Iives, Wedbush analyst on Sunday.

“If the hearts of the AmizCles supporters support him at all costs in each shift, there is a general feeling of exhaustion by many Tesla investors linked to the fact that Musk persists on the political path,” he said, and emphasized that the “initial relief” of his departure from Dege had been “short lived.”

In electronic exchanges outside the opening of the New York Stock Exchange, Tesla – Tesla has always been very volatile – 0.85% retired on Sunday at noon.

Author: Frédéric Bianchi with AFP
Source: BFM TV

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