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Tim Walz mocks Elon Musk over Tesla’s rapid market decline

Governor Tim Walz mocks Elon Musk over Tesla’s plummeting shares, sparking debate on Musk’s leadership and the company’s future.

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Governor Tim Walz mocks Elon Musk over Tesla’s plummeting shares, sparking debate on Musk’s leadership and the company’s future.

In Short

Minnesota Governor Tim Walz has publicly criticised Elon Musk over Tesla’s plummeting stock prices, suggesting owners might want to hide their branding. This criticism has led to mixed reactions and calls for Musk to resign as CEO due to concerns about the company’s future.

Elon Musk faces public scrutiny as Minnesota Governor Tim Walz critiques him for Tesla’s declining stock performance.

During a speech in Wisconsin, Walz expressed amusement at Tesla’s share price plummeting from $488 in December to $225, indicating his monitoring of it for entertainment.

He suggested that Tesla owners might want to remove their branding to avoid embarrassment.

This sparked mixed reactions, with supporters agreeing that Musk’s management raises questions about his capabilities, while Tesla advocates called for retail support, emphasising the potential job losses his comments could cause.

In light of this, prominent investor Ross Gerber has urged Musk to resign as CEO, citing that Tesla’s decline in performance and reputation are concerning. Gerber argues that Tesla needs dedicated leadership to navigate these challenges effectively.

He stated that Musk’s focus should shift entirely to Tesla or he should appoint a new CEO to handle the company.

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Global stocks wobble as Davos kicks off and Trump reshapes geopolitics

Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.

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Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.


Global stock markets endured a volatile week as world leaders gathered in Switzerland for the World Economic Forum, with investors closely watching signals on inflation, interest rates and geopolitical risk.

The Davos meetings set a cautious tone, as uncertainty weighed on market sentiment across regions.

Adding to the tension, Donald Trump announced a deal involving Greenland, reigniting debate over strategic assets and global influence. The unexpected move injected fresh geopolitical risk into markets already grappling with an unsettled global outlook.

Kyle Rodda from Capital.com, breaks down how markets are reacting, what the Greenland announcement could mean for investors, and what to watch next as Davos concludes.

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Zelenskyy reveals planned UAE talks with Russia and the United States

Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.

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Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.


Volodymyr Zelenskyy says trilateral talks with Russia and the United States are planned in the United Arab Emirates as efforts to end the war intensify.

He also criticised European leaders at the World Economic Forum, calling for stronger political will.


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Albanese apologises to Jewish community at Bondi attack memorial

Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.

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Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.


Anthony Albanese has apologised to the Jewish community, saying Australia failed to keep people safe after the Bondi terror attack.

Speaking at a memorial in Sydney, he pledged to confront antisemitism and stand with families and first responders in grief and unity.


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