Elon Musk, billionaire entrepreneur and owner of X (formerly Twitter), has ignited outrage after calling for German Chancellor Olaf Scholz’s resignati.
A party leader called for a modern version of a 1890 US law banning monopolistic business practices. Read more at straitstimes.com.
A senior lawmaker from Chancellor Olaf Scholz’s Social Democrats railed against Elon Musk’s interference in German politics and called for a new antitrust act to constrain his influence in the corporate world.
The tech billionaire who has already made a name in American politics offered his endorsement following a deadly German Christmas market attack.
Musk has been amplifying right-wing, anti-immigration voices on X for years and has already questioned criticism aimed at the AfD back in June. In September 2023, he denounced Germany for giving money to charities and rescuing migrants in the Mediterranean Sea.
Chancellor Olaf Scholz took a swipe at Elon Musk over his political judgment, escalating a spat between the German government and the world’s richest person.Most Read from BloombergThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNYPD Car Chases Are Becoming More Frequent — and More DangerousScholz,
Musk's increased political and economic influence has prompted comparisons to George Soros, but supporters say Musk is a different case.
In the wake of the tragic attack at a Christmas market in Magdeburg, Germany, which resulted in multiple fatalities and injuries, billionaire entrepreneur Elon Musk has publicly called for German Chancellor Olaf Scholz to resign.
Elon Musk was blasted by German and U.S. lawmakers for backing a German far-right political party on X, formerly Twitter on Thursday.
Amid criticism from Bernie Sanders for undermining democracy, Elon Musk endorses Germany’s Alternative for Germany party, known for its neo-Nazi ties and extremist platform.