Democratic Minnesota Governor Tim Walz has walked back a comment he made last week in which he said he was reveling in watching Tesla’s stock sink.

The 2024 Democratic vice presidential nominee backed down after he previously said that watching Elon Musk’s electric vehicle company suffer staggering financial losses brought him personal enjoyment.

During a town hall event in Wisconsin, Walz told a crowd he downloaded an app just to watch Tesla’s stock sink amid widespread anti-Musk and anti-DOGE sentiment on the left.

“Some of you know this,” he said. “On the iPhone, they’ve got that little stock app. I added Tesla to it to give me a little boost during the day — $225 and dropping.”

Saturday, while speaking at an event in New York, Walz said he was being a “smartass” and criticized those he offended for being too sensitive.

In a clip that went viral on X, Walz said of Tesla’s CEO, “This guy bugs me in a way that’s probably unhealthy.”

“I have to be careful about being a smartass. I was making a joke. These people have no sense of humor. They are the most literal people,” Walz added. “They’re all mad, and I said something I probably shouldn’t have about a company.”

Walz’s semi-apology came after it was reported the Minnesota State Board of Investment’s pension fund owned approximately 1.8 million shares of Tesla stock.

On Dec. 17 of last year, Telsa closed the day trading at $479.86 per share, but Musk’s controversial work with DOGE has since resulted in a backlash against the company.

Last week, Telsa shares dropped to 226.62.

Watch above via Fox 9 Minneapolis.

The post Tim Walz Backs Down After Dunking On Tesla Stock Disaster: ‘Being A Smart-ass’ first appeared on Mediaite.

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