{"id":129349,"date":"2024-11-24T00:33:09","date_gmt":"2024-11-23T17:33:09","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=129349"},"modified":"2024-11-24T00:33:09","modified_gmt":"2024-11-23T17:33:09","slug":"jeff-bezos-shuts-down-elon-musks-claim-about-selling-tesla-stock-ahead-of-u-s-election","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=129349","title":{"rendered":"Jeff Bezos shuts down Elon Musk\u2019s claim about selling Tesla stock ahead of U.S. election"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Elon Musk and Jeff Bezos have reignited their <a href=\"https:\/\/fortune.com\/2024\/10\/29\/former-amazon-pr-boss-craig-berman-trump-elon-alliance-jeff-bezos-washington-post-endorsement-ban\/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:long-running feud;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">long-running feud<\/a> after the <a href=\"https:\/\/fortune.com\/company\/twitter\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:X;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">X<\/a> owner claimed the <a href=\"https:\/\/fortune.com\/company\/amazon-com\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Amazon;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Amazon<\/a> founder advised friends to <a href=\"https:\/\/fortune.com\/2024\/11\/09\/tesla-stock-1-trillion-market-cap-elon-musk-donald-trump-election\/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:sell their Tesla shares;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">sell their Tesla shares<\/a> because <a href=\"https:\/\/fortune.com\/2024\/11\/20\/trump-casting-call-administration-hopefuls-prizes-one-trait-tv-experience\/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Donald Trump was going to lose;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Donald Trump was going to lose<\/a> the presidential election.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Posting on X, Musk\u2014the CEO of the EV maker\u2014wrote: \u201cJust learned tonight at Mar-a-Lago that Jeff Bezos was telling everyone that @realDonaldTrump would lose for sure, so they should sell all their <a href=\"https:\/\/fortune.com\/company\/tesla\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Tesla;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Tesla<\/a> and <a href=\"https:\/\/fortune.com\/company\/spacex\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:SpaceX;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">SpaceX<\/a> stock.\u201d<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Bezos quickly returned: \u201cNope. 100% not true.\u201d<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Musk replied sincerely or sarcastically: \u201cWell, then, I stand corrected,\u201d with a crying laughing face.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->The links between this year\u2019s presidential election outcome and the relative prosperity of <a href=\"https:\/\/fortune.com\/2024\/11\/06\/tesla-shares-soar-after-hours-trading-elon-musk-donald-trump-election\/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Musk-owned entities are clear;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Musk-owned entities are clear<\/a>.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Firstly, the Tesla CEO personally pumped tens of millions of dollars into Trump\u2019s presidential campaign\u2014<a href=\"https:\/\/fortune.com\/2024\/11\/12\/trump-hunkers-down-with-elon-musk-as-officials-reportedly-jockey-for-jobs\/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:earning himself a newly created government division;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">earning himself a newly created government division<\/a> as a result.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->A <a href=\"https:\/\/fortune.com\/2024\/11\/19\/donald-trump-elon-musk-spacex-starship-rocket-launch-texas\/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:close personal relationship;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">close personal relationship<\/a> also seems to be forming between President-elect Trump and X owner Musk, with the world\u2019s richest man even appearing in Trump\u2019s family photo on election night.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Trump is also <a href=\"https:\/\/fortune.com\/2024\/11\/08\/elon-musk-net-worth-300-billion-donald-trump-president-election\/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:throwing his weight behind some of Musk\u2019s business endeavors;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">throwing his weight behind some of Musk\u2019s business endeavors<\/a>, traveling to Texas this week to watch a SpaceX rocket launch.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->And while the former president also previously held <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/111642745146668045\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:negative views on electric vehicles;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">negative views on electric vehicles<\/a> (saying EV drivers are \u201c[destroying] our once great USA\u201d and should \u201crot in hell\u201d), he changed his tune following Musk\u2019s endorsement.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->\u201cI\u2019m for electric cars; I have to be because Elon endorsed me very strongly,\u201d Trump told supporters on the campaign trail.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->At a later rally, he added: \u201cI\u2019ve driven them, and they are incredible, but they\u2019re not for everybody.\u201d<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->The <span>Republican candidate\u2019s backing led to a huge rally in Tesla stock following the election: In the week following, the company\u2019s share price<\/span><a href=\"https:\/\/fortune.com\/2024\/11\/11\/trump-rally-tesla-ai-promise\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:soared approximately 40%;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> soared approximately 40%<\/a> and is up 53% for the month at the time of writing.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->While the stakes were high for Musk\u2014who admitted he would have been \u201cf&#8211;ked\u201d if Trump had lost the election\u2014<a href=\"https:\/\/fortune.com\/2024\/11\/18\/tesla-stock-outlook-tsla-donald-trump-self-driving-rules-elon-musk\/?utm_source=search&amp;utm_medium=suggested_search&amp;utm_campaign=search_link_clicks\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:the bet has paid off;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">the bet has paid off<\/a>.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Meanwhile, other business leaders were mindful of backing one candidate or the other\u2014conscious that if they spoke out against a victorious Trump, it could bode badly for them during his term.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Bezos did not endorse either Vice President Harris or President-elect Trump personally or via his businesses.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->While he faced backlash after blocking his newspaper, <a href=\"https:\/\/www.washingtonpost.com\/opinions\/2024\/10\/28\/jeff-bezos-washington-post-trust\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:the;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">the<\/a><em><a href=\"https:\/\/www.washingtonpost.com\/opinions\/2024\/10\/28\/jeff-bezos-washington-post-trust\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Washington Post;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> Washington Post<\/a><\/em>, from publishing its historical endorsement of one candidate or the other, he doubled down: \u201cPresidential endorsements do nothing to tip the scales of an election.<!-- HTML_TAG_END --><\/p>\n<p><button class=\"secondary-btn fin-size-large readmore-button rounded   yf-15mk0m\" data-ylk=\"elm:readmore;itc:1;sec:content-canvas;slk:Story%20Continues\" aria-label=\"Story Continues\" title=\"Story Continues\"> <span>Story Continues<\/span> <\/button> <\/p>\n<div class=\"read-more-wrapper\" style=\"display: none\" data-testid=\"read-more\">\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->\u201cWhat presidential endorsements actually do is create a perception of bias. A perception of nonindependence. Ending them is a principled decision, and it\u2019s the right one.\u201d<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->This isn\u2019t the first time the pair\u2014and space exploration rivals\u2014have butted heads.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Indeed, the rivalry goes so deep that <a href=\"https:\/\/fortune.com\/2023\/09\/04\/jeff-bezoss-elon-musk-rivalry-amazon-spacex-lawsuit-shareholders\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Amazon shareholders cited it in a competition lawsuit.;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Amazon shareholders cited it in a competition lawsuit.<\/a><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->In 2022, Amazon announced the biggest rocket deal in the history of the commercial space sector.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Amazon was <a href=\"https:\/\/www.cnbc.com\/2022\/04\/05\/amazon-signs-rocket-deal-with-blue-origin-arianespace-ula-for-project-kuiper-internet-satellites.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:offering contracts for Project Kuiper;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">offering contracts for Project Kuiper<\/a>, which was a chance to launch low-earth-orbit satellites that would be used for internet services.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Amazon confirmed it would invest $10 billion in the project and promptly signed up three contractors\u2014the United Launch Alliance (ULA), a joint venture of\u00a0Boeing\u00a0and\u00a0<a href=\"https:\/\/fortune.com\/company\/lockheed-martin\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Lockheed Martin;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Lockheed Martin<\/a>; European company Arianespace; and Blue Origin,\u00a0a private venture founded by Bezos himself.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->But missing from the lineup was Musk-founded\u00a0<a href=\"https:\/\/fortune.com\/company\/spacex\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:SpaceX;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">SpaceX<\/a>, which has reportedly already\u00a0<a href=\"https:\/\/asia.nikkei.com\/Spotlight\/Datawatch\/Elon-Musk-dominates-orbit-with-Starlink-satellites#:~:text=SpaceX%20has%20sent%20nearly%205%2C000,operate%20a%20total%20of%2042%2C000.\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:launched approximately 5,000;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">launched approximately 5,000<\/a>\u00a0internet satellites since 2019 for its own rival service, Starlink.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Amazon shareholders blamed Musk and Bezos\u2019s rivalry for this decision, and according to CNBC, executives had \u201cexcluded the most obvious and affordable launch provider, SpaceX, from its procurement process because of Bezos\u2019s personal rivalry with Musk.\u201d<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->Musk also previously taunted Bezos, saying that he had \u201cretired in order to pursue a full-time job filing lawsuits against SpaceX\u201d and <a href=\"https:\/\/www.engadget.com\/elon-musk-on-blue-origin-lawsuit-151130133.html\" data-ylk=\"slk:later gibed that the Amazon founder;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">later gibed that the Amazon founder<\/a> can\u2019t \u201csue [his] way to the moon.\u201d<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1pe5jgt\"><!-- HTML_TAG_START -->This story was originally featured on <a href=\"https:\/\/fortune.com\/2024\/11\/22\/musk-bezos-feud-tesla-stock-election-trump\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Fortune.com;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Fortune.com<\/a><!-- HTML_TAG_END --><\/p>\n<\/div><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/elon-musk-claims-jeff-bezos-121010918.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk and Jeff Bezos have reignited their long-running feud after the X owner claimed the Amazon founder advised friends to sell their Tesla shares because Donald Trump was going &hellip; 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