Elon Musk plans to vote Republican on Twitter and warns of political attacks on him, the latest in a series of tweets from the billionaire expressing discontent with Democrats and progressives.
Musk advertised this week as the Tesla CEO shocked markets by announcing his $44 billion deal to purchase Twitter was on hold as he waited for more data on fake and spam accounts on the social media platform.
Analysts have speculated that the Tesla executive is trying to back out of his Twitter takeover plans or buy the company at a lower price. His tweets since including that he was buying the platform to own the libs, have attracted further controversy.
On Wednesday, Musk said that he would not support Democrats because they were the party of division and that he has long supported Democrats, but would now vote for Republicans, and he said he would no longer support them because they were the party of division.
Musk has become more critical of Joe Biden, who he accused of snubbing his electric car company, Tesla. He moved his headquarters from California to Texas, where unlike the Golden State, there is no state income tax.
The Tesla CEO has been under scrutiny from federal regulators for a long time. Musk is being investigated by the Securities and Exchange Commission for not reporting his 5% stake in Twitter, according to the Wall Street Journal. He was previously penalized by the SEC over tweets in 2018 in which he said he had secured funding to take Tesla private.
Musk has stated that Twitter has a very far-left bias and he plans to bring balance to the platform. He said he will reinstate Donald Trump, whom he permanently banned from Twitter after finding out his tweets were highly likely to encourage and inspire people to replicate the criminal acts that took place in the January 6 Capitol attack.
The billionaire s tweets have rocked Twitter's share price and fueled speculation about his motivations. He sent a poop emoji this week in response to Twitter CEO Parag Agrawal's tweets about spam. Musk said earlier this week that he could get a lower price for the company because of the fake accounts.
He said that it really depends on a lot of factors. I am still waiting for some sort of logical explanation for the number of fake or spam accounts on Twitter. Twitter isn't telling us anything. This seems like a strange thing. Musk's agreement to buy Twitter is legally binding, and he could face a $1 billion break fee for walking away.
The company said in a statement on Tuesday that Twitter is committed to completing the transaction on the agreed price and terms as soon as practicable.