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In a recent turn of events, Minnesota Governor Tim Walz sparked controversy by openly mocking Tesla’s declining stock value, seemingly unaware that his state’s pension fund heavily invested in the same company he ridiculed.
During a Wisconsin town hall, Walz boasted about monitoring Tesla’s falling stock prices for personal amusement. “Some of you know this, on the iPhone, they’ve got that little stock app,” Walz said Tuesday. “I added Tesla to it to give me a little boost during the day — $225 and dropping. And if you own one, we’re not blaming you. You can take dental floss and pull the Tesla thing off.”
The governor further expressed his satisfaction with Musk’s challenges, stating, “I’m not a vindictive person or anything but I take great pleasure in the fact that this guy’s life is going to get very, very difficult.”
BAD NEWS FOR TIM WALZ, TESLA STOCK IS WAY UP TODAY!@CharlieKirk11 airs this clip of Tim Walz egging on the destruction of Tesla, "he is a bad human being, the Democrat party doesn't build anything, they ONLY DESTROY". @Tesla @ElonMusk pic.twitter.com/07GE6vtfoA
— Real America's Voice (RAV) (@RealAmVoice) March 19, 2025
This prompted Elon Musk to respond on social media, taking aim at Walz’s unsuccessful 2024 vice presidential aspirations. “Sometimes when I need a little boost, I look at the @JDVance portrait in the @WhiteHouse and thank the Lord,” Musk posted on X on March 19.
The situation drew criticism from investor Kevin O’Leary during a CNN appearance, where he labeled Walz’s comments as “beyond stupid.” O’Leary pointed out the governor’s oversight regarding his state’s investment portfolio, questioning, “What’s the matter with that guy? He doesn’t check the well-being of his own constituents.”
These developments occur amid increasing vandalism targeting Tesla facilities nationwide, driven by opposition to Musk’s White House connections and his role as head of the Department of Government Efficiency (DOGE).
Tim Walz is a moron. He celebrates Tesla stock falling while his own state’s teachers’ pension plan owns $360 million worth of Tesla stock. pic.twitter.com/d5s7C3K0Fu
— Shermichael Singleton (@MrShermichael) March 20, 2025
Despite similar Tesla investments by other Democratic-led states like Oregon and New York, prominent Democrats continue their criticism. Rep. Alexandria Ocasio-Cortez described Musk as “a billionaire con man with a lot of money,” while Sen. Elizabeth Warren wrote on X that President Donald Trump and Musk “turned the White House into a Tesla dealership. Is that where you want your taxpayer dollars going? Nope.”
Currently touring red districts across America, Walz maintains his political momentum. While eligible for reelection in 2026, he mentioned to The New Yorker the possibility of a 2028 presidential campaign if circumstances aligned with his capabilities.
The governor’s office provided no response when contacted for comment by the Daily Caller News Foundation.
