{"id":147132,"date":"2025-03-21T05:46:13","date_gmt":"2025-03-21T05:46:13","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/kevin-oleary-blasts-tim-walzs-dig-at-tesla-stock-hes-mocking-a-company-his-own-pension-fund-invests-in-tesla-nasdaqtsla\/"},"modified":"2025-03-21T05:46:13","modified_gmt":"2025-03-21T05:46:13","slug":"kevin-oleary-blasts-tim-walzs-dig-at-tesla-stock-hes-mocking-a-company-his-own-pension-fund-invests-in-tesla-nasdaqtsla","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=147132","title":{"rendered":"Kevin O’Leary Blasts Tim Walz’s Dig At Tesla Stock \u2014 He’s Mocking A Company His Own Pension Fund Invests In – Tesla (NASDAQ:TSLA)"},"content":{"rendered":"


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Kevin O’Leary<\/strong>, also known as “Mr. Wonderful,” didn’t hold back after Governor Tim Walz<\/strong> (D-Minn) took a swipe at Tesla Inc.’s<\/strong> TSLA<\/span> declining stock.<\/p>\n

What Happened:<\/strong> During an event on Tuesday, Walz joked that he gets “a boost” when checking Tesla’s stock and seeing it down\u2014an apparent dig at Elon Musk’s<\/strong> increasingly close ties with the Donald Trump<\/strong> administration.<\/p>\n

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However, the remark didn’t sit well with “Shark Tank” star and investor O’Leary, who slammed the governor in a CNN segment. “That poor guy didn’t check his portfolio and his own pension plan for the state,” he said.<\/p>\n

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\ud83d\udea8 Kevin O’Leary COOKED Tim Walz for his comments about Tesla stock earlier this week<\/p>\n

That poor guy didn’t check his portfolio and his own pension plan for his state. It’s beyond stupid what he did.”@elonmusk<\/a> pic.twitter.com\/AI41Kws7hn<\/a><\/p>\n

\u2014 TESLARATI (@Teslarati) March 20, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

See Also:\u00a0Tesla Crash Victims’ Families Demand Accountability, Push For Probes Free From Elon Musk’s Interference: \u2018We Are Deeply Concerned\u2026’<\/a><\/strong><\/p>\n

O’Leary was pointing to a 2024 report from the Minnesota State Board of Investments that showed the state held 1.6 million shares of Tesla in its retirement fund, noted<\/a> The Hill.<\/p>\n

“What’s the matter with that guy? He doesn’t check the well-being of his own constituents?” O’Leary added. “What a bozo.”<\/p>\n

Why It’s Important:<\/strong> Walz, who ran alongside former Vice President Kamala Harris<\/strong> in the 2024 presidential race, is now on a national speaking tour criticizing the Trump administration’s<\/a> policies\u2014including Musk’s role in the Department of Government Efficiency.<\/p>\n

Tesla shares have struggled in recent months, down 37.71% year to date.\u00a0<\/p>\n

Earlier this week, a report highlighted a $1.4 billion discrepancy<\/a> in Tesla\u2019s capital expenditure, which has contributed to a significant drop in its market valuation from $1.7 trillion to under $800 billion.<\/p>\n

Wedbush <\/strong>analyst Dan Ives<\/strong> has urged Musk to reaffirm his commitment to the company and address concerns<\/a> over vehicle demand and pricing.<\/p>\n

Despite these challenges, investors like Cathie Wood<\/strong> continue to show confidence<\/a> in Tesla, with Ark Invest recently acquiring additional shares even amidst a recall of over 46,000 Cybertrucks.<\/p>\n

Price Action:<\/strong> Tesla\u2019s shares surged 0.17% during Thursday\u2019s regular trading session, closing at $236.26. However, in after-hours trading, the stock dipped 0.51% to $235.06. Year-to-date, Tesla\u2019s stock has declined 37.71%, according to Benzinga Pro data<\/a>.<\/p>\n

Image via Shutterstock<\/em><\/p>\n

Read Next:<\/strong><\/p>\n

Disclaimer:\u00a0<\/em><\/strong>This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.<\/em><\/p>\n<\/div>\n

Market News and Data brought to you by Benzinga APIs<\/a><\/p>\n

\u00a9 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n<\/div>\n