Elon Musk, mentioning Tim Walz, said that they were doing something wrong by showing a Tesla stock chart

Elon Musk recently took a jab at the radical left, claiming they’re putting pressure on him and Tesla. According to Musk, “They say we’re stealing Social Security, but I don’t need the money. This job is actually costing me a lot.” He pointed to Tim Walz, who was “dancing on stage” and showing Tesla stock charts, calling it highly inappropriate. Musk alleged that this pressure has halved the stock value for him and Tesla investors. He described it as “an expensive job.”

Since the beginning of 2025, Tesla’s stock has seen a significant decline, dropping by approximately 41.4% year-to-date, as indicated by data up to March 2025.

Many analysts attribute this decline to Musk’s political activism, particularly his role as the head of the “Department of Government Efficiency” (DOGE) in the Donald Trump administration. In this position, Musk has advocated for cuts in government spending, which some Democrats and leftist groups have interpreted as an attack on social welfare programs like Social Security.

Tim Walz, the Governor of Minnesota and the 2024 vice-presidential candidate, publicly mocked Tesla’s stock decline. During a town hall event in Wisconsin in March 2025, Walz remarked that he tracks Tesla stock on his phone “for a little boost” because it was at “$225 and falling.” This comment sparked outrage among Musk and his supporters.

Musk later responded by calling Walz a “jerk” and a “creep,” arguing that it was unethical for Walz to take pleasure in Tesla’s struggles, especially since Minnesota’s pension fund owns over 1.6 million Tesla shares.

Musk’s claim that Tesla’s stock price was cut in half is factually accurate. In December 2024, the stock peaked at around $500 per share, but by March 2025, it had fallen to approximately $220.

This drop has not only affected Musk’s personal wealth (which decreased by more than $121 billion) but also impacted Tesla shareholders, including institutions like Minnesota’s pension fund. Musk perceived Walz’s behavior as a personal attack and publicly labeled his role “an expensive job.”

In this context, Musk’s statement that this job is “costing him a lot” reflects the situation where his companies are suffering, attacks on Tesla showrooms, declining sales, and damage to the brand’s image. Protests and acts of vandalism by leftist groups, such as setting Tesla vehicles on fire in Las Vegas, are further escalating this tension.