Replace: Jeff Bezos has mentioned that is “100% not true.”
Nope. 100% not true.
— Jeff Bezos (@JeffBezos) November 21, 2024
Tesla CEO Elon Musk has made a surprising declare about former Amazon frontman Jeff Bezos, probably reigniting their rivalry and bringing ahead some potential friction between the 2.
Bezos reportedly was satisfied that President-elect Donald Trump would lose the November election to Vice President Kamala Harris and advised “everybody” to promote their Tesla and SpaceX shares as they’d come crashing down if Trump misplaced.
Musk and Trump turned a little bit of a duo in the course of the remaining months of the election marketing campaign because the Tesla CEO turned extra vocal about his choice to again the previous President in 2024. Musk was alongside Trump in varied occasions in swing state Pennsylvania, the place the 2 spent a big period of time over the previous few months.
Nonetheless, the race was all however determined by the point election night time got here round, and now Musk is stating that Bezos was encouraging individuals to promote their Tesla and SpaceX holdings due to their worth being diminished within the occasion of a Kamala Harris victory:
“Simply realized tonight at Mar-a-Lago that Jeff Bezos was telling everybody that Donald Trump would lose for positive, so they need to promote all their Tesla and SpaceX inventory.”
Simply realized tonight at Mar-a-Lago that Jeff Bezos was telling everybody that @realDonaldTrump would lose for positive, so they need to promote all their Tesla and SpaceX inventory 🤭
— Elon Musk (@elonmusk) November 21, 2024
Musk and Bezos have had a rivalry within the sense that they’ve sparred for the title of World’s Richest Individual for a number of years, but additionally as a result of they’ve a shared business in spaceflight.
Musk’s SpaceX and Bezos’s Blue Origin are two non-public spaceflight firms, however one is performing launches far more regularly than the opposite.
It appears fascinating that Bezos would inform individuals this, whether it is true as a result of Tesla would seemingly stand to learn from both administration, particularly contemplating the corporate’s prowess within the EV sector.
EVs would have continued to flourish underneath the Harris administration due to the Democrats and their wish to push EVs by a federal ban on gasoline vehicles, which might are available in 2035.
Nonetheless, Musk’s transparency concerning who he supported in the course of the election would have been a significant motive the Harris White Home may not have been eager to acknowledge Tesla for its accomplishments, very similar to Joe Biden did throughout his 4 years in Washington as President.
Tesla shares are up over 35 p.c since Trump was elected on November 5.
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