financetom
Business
financetom
/
Business
/
Ahead of US midterm elections, Elon Musk recommends voting for Republicans
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ahead of US midterm elections, Elon Musk recommends voting for Republicans
Nov 7, 2022 3:02 PM

Billionaire entrepreneur and Twitter's new owner Elon Musk on Monday recommended that voters pick Republican candidates for the US Congress in Tuesday's midterm election.

"Shared power curbs the worst excesses of both parties, therefore I recommend voting for a Republican Congress, given that the Presidency is Democratic," Musk wrote in a tweet.

To independent-minded voters:

Shared power curbs the worst excesses of both parties, therefore I recommend voting for a Republican Congress, given that the Presidency is Democratic.— Elon Musk (@elonmusk) November 7, 2022

The post stood in contrast to an April 27 tweet in which Musk said the site "must be politically neutral" to merit public trust.

Also Read: As Musk focuses on Twitter, his $56 billion Tesla pay goes to trial

The midterm elections on November 8 will decide the control of the US Congress and other important governorships.

The New York Times reported on Sunday that Twitter is “delaying the rollout of verification check marks to subscribers of its new $7.99 a month subscription service until after Tuesday’s midterm elections”.

“Power to the people. Your account will get a blue check mark, just like the celebrities, companies, and politicians you already follow,” Twitter said in the announcement for the blue tick on Saturday.

Also Read: Musk lays out Twitter mission, sparks debate on content accuracy

Several Twitter users and employees had voiced concerns that the new badges "could cause confusion ahead of Tuesday’s midterm elections because users could easily create verified accounts — say, posing as President Biden or as lawmakers or news outlets and publishing false information about voting results — which could potentially sow discord," the NYT report said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Panasonic raises battery unit's earnings outlook on storage sales, profitability boost
Panasonic raises battery unit's earnings outlook on storage sales, profitability boost
Feb 4, 2025
TOKYO, Feb 4 (Reuters) - Japan's Panasonic Holdings ( PCRFF ) raised the full-year earnings forecast for its energy unit, which supplies batteries to Tesla, on stronger sales of energy storage systems and improved profitability at its U.S. battery plant. Panasonic ( PCRFF ) raised the battery segment's full-year outlook by 14% to 124 billion yen ($798.35 million) after it...
Diageo withdraws medium-term goals as tariffs cloud outlook
Diageo withdraws medium-term goals as tariffs cloud outlook
Feb 4, 2025
(Reuters) -Diageo ( DEO ) withdrew its medium-term organic sales growth target on Tuesday as the world's top spirits maker took steps to try and mitigate the impact of U.S. tariffs. The maker of Johnnie Walker whisky and Guinness beer had previously forecast medium-term organic net sales growth of 5% to 7%. It said it had scrapped the forecast because...
Factbox: China's curbs on exports of strategic minerals
Factbox: China's curbs on exports of strategic minerals
Feb 4, 2025
BEIJING(Reuters) - China announced sweeping export controls on Tuesday targeting five metals used across defence, clean energy and other industries, minutes after an additional 10% tariff on Chinese goods imposed by U.S. President Donald Trump came into effect. The decision to restrict tungsten, indium among other metals is the latest attempt by China to weaponise its dominance in the mining...
Japan's biggest lender MUFG's quarterly profit jumps by nearly a third
Japan's biggest lender MUFG's quarterly profit jumps by nearly a third
Feb 4, 2025
TOKYO, Feb 4 (Reuters) - Japan's largest lender Mitsubishi UFJ Financial Group ( MUFG ) reported on Wednesday a 32% surge in quarterly net profit, powered by sales of cross-shareholdings and a bump in margins due to higher interest rates in Japan. Three rate hikes since March 2024 have widened domestic loan spreads, while the return of inflation has encouraged...
Copyright 2023-2025 - www.financetom.com All Rights Reserved