Tesla Stock Plunges 9% as Texas Election Threatens Musk's AI Plans
Tesla shares plunged more than 9% on November 5 as Democratic victories in Texas raised concerns about data center restrictions, robotaxi regulation and Musk's AI ambitions.
Greg Abbott
Governor of Texas since 2015
Photo: NASA Johnson Space Center / NASA-JSC/ROBERT MARKOWITZ · Public domain
United States
Why James Talarico's Historic Texas Senate Victory Shook American Politics
Democrat James Talarico defeated Ken Paxton in a historic US Senate race in Texas, marking the first time a Democrat has won a Senate seat in the state since 1988 amid record campaign spending.
Trump Calls Abbott a RINO After Democrats Flip Texas Governorship
Donald Trump criticized Greg Abbott as a RINO after Democrat Gina Hinojosa defeated the three-term Texas governor, marking a historic Democratic victory and raising questions about Republican leadership.
Canada
Why Did Tesla and SpaceX Shed Over $420B in Value?
Tesla and SpaceX lost over $420 billion in market capitalization after the U.S. midterms ushered in a Democratic Congress and wiped out key Texas political allies.