George Soros supports Elon Musk, Tesla

Elon Musk has spoken much less about Tesla (TSLA) – Get a free report in the past months.

The billionaire was busy finalizing the $44 billion acquisition of Twitter and finding new sources of revenue for the platform.

Tesla’s share price has lost 50% of its value this year, translating to a drop in market capitalization of approximately $532 billion.

Tesla’s major stock market crash was a boon to billionaire George Soros, who, however, is on the opposite side of Musk’s current ideology. Soros has been a consistent donor to the Democrats, while Musk is now campaigning for the Republicans and then called on voters to vote for the conservative candidates in the latest midterm elections on Nov. 8.

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