Minnesota Governor Defends Tesla Stock Joke Following Criticism

Tim Walz clarifies comments about Tesla's stock decline, calling them humor while facing backlash over Minnesota's pension fund investments in the company.

Governor Tim Walz described his remarks about Tesla's falling stock as a joke, criticizing those offended for lacking humor.
The comments drew sharp criticism due to Minnesota's pension fund holding approximately 1.6 million Tesla shares.
Investor Kevin O’Leary called Walz's remarks irresponsible, questioning his oversight of state investments.
Tesla's stock has dropped over 34% in 2025, driven by concerns about vehicle demand, pricing, and financial discrepancies.
Walz's comments also reignited critiques of Elon Musk's leadership and his role in the Trump administration's DOGE initiative.