Elon Musk acknowledged that leading Trump’s government downsizing effort is costing him a lot, according to Bloomberg. The billionaire and Tesla CEO cited political backlash and pressure that he says have contributed to Tesla’s stock falling by nearly half. Speaking at a town hall in Wisconsin, Musk said his political opponents are using Tesla’s decline as ammunition, though he remains optimistic about the company’s long-term prospects. Musk donated over $14 million to support Republican-backed Brad Schimel in Wisconsin’s pivotal April 1 state supreme court race. The outcome could impact Tesla’s push to expand dealership access in the state.
