California Observer

Elon Musk risks backlash as he plans to ‘vote Republican’

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Elon Musk announced on Twitter that he plans to “vote Republican” and warned of “political attacks on me,” the latest in a string of posts from the billionaire expressing his dissatisfaction with Democrats and progressives. 

Musk’s post comes after the Tesla CEO surprised investors this week by stating that his $44 billion proposal to buy Twitter had been put on hold while he awaited further information about fraudulent and spam accounts on the social media network. 

Analysts believe the Tesla chief is trying to back out of his ambitions to buy Twitter or buy the firm for a reduced price. His subsequent tweets, which included claims that he was buying the platform to “own the libs,” have sparked even more debate. 

Musk claimed on Wednesday that political attacks against him will “increase” in the coming months and that he will no longer support Democrats since they are a party of “division” and “hate.” Musk, who describes himself as a “politically centrist,” made a similar remark earlier this week, claiming that he had previously voted for Democrats but would now vote for Republicans. 

Musk has been increasingly critical of Joe Biden, whom he accuses of ignoring Tesla, his electric vehicle manufacturer. He’s also relocated his house and business from California to Texas, which, unlike California, has no state income tax. 

Federal regulators have long scrutinized Tesla’s CEO. According to the Wall Street Journal, Musk is being investigated by the Securities and Exchange Commission for failing to declare his 5% ownership in Twitter early enough. He was previously fined by the SEC for tweets from 2018 in which he claimed to have “got finance” to take Tesla private. 

Musk claims that Twitter has a “very far-left” bias and that he intends to correct this. He has also stated that he will reinstate Donald Trump, who was permanently banned by Twitter after his tweets were found to be “very likely to promote and inspire people to mimic the criminal conduct” that occurred on January 6 in the Capitol attack. 

The billionaire’s comments have caused Twitter’s stock price to plummet and prompted conjecture about his motivations. In reaction to Twitter CEO Parag Agrawal’s tweets about spam, he posted a feces emoji. Because of the bogus accounts, Musk hinted earlier this week that he would seek a lesser price for the company. 

He remarked, “It actually depends on a number of circumstances here.” “I’m still looking for a plausible explanation for the large amount of bogus or spam Twitter accounts.” And Twitter won’t tell us. This seems weird.” 

Musk’s deal to buy Twitter is legally binding, and breaking it might result in a $1 billion penalty. 

“Twitter is committed to completing the deal as soon as practical at the agreed price and parameters,” the business said in a statement on Tuesday.

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