Elon, Inc.
What Musk’s Millions Mean for Wisconsin—and Congress
Mar 25, 2025
Max Chafkin, a senior writer at Bloomberg Businessweek, discusses how Elon Musk's hefty financial contributions are shaping political dynamics in Wisconsin, especially in the upcoming Supreme Court race. Steve Mann, a Bloomberg Intelligence analyst, provides an optimistic forecast for Tesla sales, despite the challenges the company faces, such as production shifts and factory changes. They also explore the broader effects of wealth on politics and the potential ripple effects of Musk's influence on national elections.
32:52
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Quick takeaways
- Elon Musk's $13 million investment in Wisconsin's Supreme Court race could reshape judicial control over critical issues like abortion and election laws.
- Tesla's market position faces challenges from Musk's political controversies and competition, yet analysts predict a rebound in sales driven by new models.
Deep dives
Elon Musk's Influence in Wisconsin Politics
Elon Musk's political involvement in Wisconsin has emerged as a pivotal factor in the upcoming state Supreme Court race. With a record-breaking expenditure of over $73 million, Musk is backing Republican candidate Brad Schimmel to secure a conservative majority on the court. The outcome of this race could significantly influence key issues such as abortion policy and election laws in this swing state. Musk's campaign efforts not only highlight the stakes of this local election but also symbolize the growing intersection between high-stakes political donations and judicial outcomes across the country.
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