It is Tesla and the stock he holds that made him an opinion leader, using the currency to buy Twitter, rename it X and establish the platform as maybe the most important news operation in the world. Musk outlasted most of the shorts, many of whom (like the renowned James Chanos) long ago threw in the proverbial towel on their bet the stock would plummet to reflect their version — maybe the most accurate version — of Tesla’s operating reality and the weirdish ways Musk has at times run things. Shares of Tesla exploded on the bet that fanboying Trump would make Tesla invulnerable to the anti-EV strains in the MAGA movement and the GOP in general, and of course, a rebellion from Tesla’s lefty, tree-hugging, anti-MAGA customers.
Author: Charles Gasparino
Published at: 2025-05-31 21:51:38
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