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Elon Musk Gets the Last Laugh as Tim Walz's Tesla Stock Bet Backfires

The Rubin ReportMarch 26, 20251 min316,583 views
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Tim Walz's Initial Enthusiasm for Tesla Stock Drop

  • 🎯 Dave Rubin highlights a past statement by Tim Walz, who was excited about Tesla's stock price dropping.
  • 💡 Walz's initial sentiment was to punish Elon Musk, indicating a personal animosity.

The Unintended Consequences for Minnesota

  • ⚠️ Walz's excitement turned into a problem when it was revealed Minnesota's pension funds held approximately 300 million dollars in Tesla stock.
  • 📉 This meant that a drop in Tesla's stock price would directly harm the financial well-being of Minnesotans, including those relying on social security and benefit accounts.

Tesla Stock's Recovery and Walz's Backtrack

  • 📈 Following a brief dip, Tesla's stock has seen a significant upward trend, recovering from the initial drop.
  • 💰 The stock price has risen to 277, surpassing its previous levels and negating Walz's initial hopes.
  • ✅ Rubin concludes by congratulating the people of Minnesota on the increased value in their pension accounts due to the stock's recovery.
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Tim WalzElon MuskTesla StockDave RubinRubin ReportMinnesota Pension FundsStock MarketPolitical CommentaryBackfire
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