Minnesota Governor Tim Walz finds himself in hot water after joking about Tesla’s stock price nosedive. Last week, the former vice-presidential candidate made waves when he quipped about his enjoyment over Tesla’s downturn.
“I don’t know if some of you know this on the iPhone; they’ve got that little stock app,” Walz chuckled during a comedic moment. “I added Tesla to it to give me a little boost during the day. $225 and dropping!”
He continued, “And if you own one, if you own one, we’re not blaming you. You can take dental floss and pull the Tesla thing off, you know, just telling you.”
If you need a little boost during the day, check out Tesla stock
— Tim Walz (@Tim_Walz)
March 19, 2025
Backtracking from these comments, Walz admitted that Elon Musk “bugs me in a way that’s probably unhealthy.” He stated, “I have to be careful about being a smartass. I was making a joke.”
He further explained, “These people have no sense of humor. They are the most literal people. They’re all mad, and I said something I probably shouldn’t have about a company.”
His sudden change of heart followed revelations that the Minnesota State Board of Investment’s pension fund owns approximately 1.8 million shares of Tesla stock, translating to around $400 million—a significant stake tied to the financial well-being of his constituents.
NEW: Tim Walz tries to backtrack from his comment about Tesla stock by labeling it as “humor.” Seriously?
This guy bugs me in a way that’s probably unhealthy.
I have to be careful about being a smartass. I was making a joke. These people have no sense of humor.
— The Gas Stove (@TheGasStovee)
March 22, 2025
While Tesla’s stock soared following President Trump’s decisive electoral victory, it has experienced a dip amid the Democrats’ aggressive campaign against the electric vehicle titan—once valued over $1 trillion.
Their disdain is rooted in CEO Elon Musk’s influential tenure as the head of the Department of Government Efficiency. Since taking the advisory role in January, Musk has pinpointed potential savings in the billions and committed to slashing $1 trillion in waste and fraud from the federal budget.
