Elon Musk Threw Away $474 Million (Or Extra) … However Might Profit From Failing

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Some folks suppose Elon Musk has misplaced his thoughts. Others suppose he’s all the time been a charlatan and has simply had an insane quantity of luck. Some folks suppose he’s a genius and that every little thing he touches will flip to gold. After which there’s additionally an honest portion of parents who suppose he’s an absolute fool about some issues however sensible — or at the least very intelligent — in terms of others. No matter you consider Elon Musk, although, there’s no denying he simply threw away about half a billion {dollars}.

Musk reportedly spent at the least $474 million on the midterm elections (as a result of one particular person is allowed to do this, apparently), and but his picks — the important thing folks he supported — obtained utterly crushed. The politicians he spent all of that cash to get elected didn’t get elected, and had been really not even near getting elected. Apparently, voters of their jurisdictions thought they had been horrible decisions, generally traditionally so. Think about if all of that cash he spent had been spent on one thing good and helpful as a substitute! (Maybe saving the lives of ravenous, poverty-stricken kids and infants all over the world? Maybe stopping the unfold of horrible ailments, because the US authorities has dropped such efforts on a number of threats? Maybe to supply subsidies for electrical automobiles, like Tesla sells, since Republicans in Congress and Donald Trump killed these? Maybe to make use of solar energy as a substitute of fossil fuels to energy AI knowledge facilities?)

Why did Elon Musk spend a whopping half a billion {dollars} (or extra) on the 2026 midterm elections?

I do know there are some individuals who don’t see this, but it surely’s been clear for some time that the next issues are true about Elon Musk:

• He needs a techno-dictatorship, not a democracy, in the USA, one by which he and his techie billionaire mates get to run the nation. Apparently, this political philosophy and want extends again to his grandfather’s historical past, as he pushed for a similar factor — explicitly — a few hundred years in the past.
• He’s fantastically naive and idiotic in terms of politics. (I imply, he spent $474 million or extra in a dramatic shedding effort, the largest shedding effort since 1974, when Elon was three years outdated.)
• He both believes numerous wacky crap or lies profusely about what is occurring and what he thinks will occur politically.
• He has completely no drawback supporting extraordinarily corrupt, anti-democratic politicians (e.g., Donald Trump, Ken Paxton, Greg Abbott). None of those politicians, mockingly, help clear vitality or electrical automobiles, core elements of Musk Industries traditionally.

Musk largely focused Texas along with his political spending, and Texas had an epic, historic blue wave. One thing that has been dreamt about for many years got here true in dramatic vogue regardless of Elon Musk spending a whole bunch of tens of millions of {dollars} to attempt to cease it. Satirically, Democratic politicians are those who help electrical automobiles and solar energy, key segments of Musk’s empire. It was California, led by Democrats, that birthed Tesla Motors and enabled it to develop and grow to be an industrial behemoth. It was US insurance policies below Democratic presidents and Congresses that additionally offered important assist for years upon years. So, regardless of Elon Musk’s worst instincts and largest efforts politically, will his companies really do higher below the newly elected Democratic management? Maybe there are some company points that want reigned in or want higher regulation, and maybe folks Musk openly and sometimes fairly rudely campaigned towards will squeeze down further arduous on his company actions, however policymakers who help cleantech over fossil fuels ought to, total, imply extra excellent news than dangerous information for Tesla and its broader mission, proper?

Positive, Musk threw away $474 million and misplaced bigly, however is he going to be higher off from failing in his efforts to select the folks working his present house state and representing it within the US authorities? What are the precise dangers he and his firms face from the folks he closely campaigned towards successful their elections? What are the advantages he and Tesla will get from fossil-loving, pollution-peddling Republican politicians not working the present in Texas and in Congress? One has to marvel.

By the way in which, one of many key folks Musk campaigned towards, James Talarico, has a message particularly for him. “Texas just isn’t on the market,” Talarico stated. Musk spent at the least $150 million to attempt to get Talarico’s opponent elected. “The folks of Texas delivered a crystal-clear message to the world’s first trillionaire: Texas just isn’t on the market,” Talarico added. “The ability on this state, on this nation, belongs to the folks, and we’ve obtained to verify it stays that means.” What do the folks need? Properly, the folks need clear air, clear and low cost vitality, and fewer cash in politics. Shouldn’t all of these issues assist Musk? On that final one, in any case, if he wasn’t allowed to pour a lot cash into politics, he wouldn’t have thrown away half a billion {dollars}.