Tesla’s Musk says he “can no longer support” Democrats and will “vote Republican”.

Elon Musk, CEO of Tesla Inc, said Wednesday that while he has voted for Democrats in the past, he will now vote for Republicans.

“In the past, I used to vote for the Democrats, because they were (mostly) the party of kindness. But they have become the party of division and hatred, so I can’t support them anymore and I will vote Republican “, he tweeted.

“Now look at how their backstabbing campaign unfolds against me,” said Musk, the world’s richest man, who agreed to buy Twitter Inc.

The 50-year-old billionaire recently said he would reverse Twitter’s ban on former US President Donald Trump, a Republican, when he buys the social media platform. He also said that Twitter is biased towards the far left because its headquarters are located in California, a state known for its progressive politics.

Tesla’s stock fell 6.8% on Wednesday after it announced its support for Republicans and Tesla was removed from a closely watched sustainable index.

Tweets mocking Elon as “poor Elon” have been posted on social media platform Twitter, prompting his mother Maye Musk to jump in with her own tweet in defense of her son.

“Poor Elon might just be the 2nd or 3rd richest man in the world right now,” one Twitter user said.

“Poor Elon. No liberal is going to buy his cars anymore, when there are so many nicer options,” said another.

Musk’s mother slammed some tweets for “unpleasant comments” and claimed they were “trolls or bots”, in reference to fake accounts.

Musk has sharply criticized the Biden administration and Democrats for their proposals to tax billionaires and give more tax incentives to union-made electric vehicles. Tesla has no unions in its US factories.

Last year, Tesla, which counts California as its largest US market, moved its headquarters from California to the more politically conservative Texas.

Musk moved his personal residence from California to Texas, where there is no state income tax. He has sold about $25 billion worth of Tesla stock since last year to pay his taxes and fund his plan to acquire Twitter. According to analysts, these sales allowed him to take advantage of the rise in Tesla shares and diversify his fortune. (Reporting by Hyunjoo Jin San Francisco; editing by Matthew Lewis and Richard Pullin)

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