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As Musk’s $25 million Wisconsin election bet flops, here’s why he may step down soon from ‘DOGE’ - MarketWatch

1. Elon Musk donated $25 million to Wisconsin's Supreme Court election. 2. Musk's support for Schimel failed as he lost decisively. 3. High-profile races show money can't always influence outcomes. 4. Musk's political involvement may affect his public image negatively. 5. Major donations disrupt norms but often yield limited political success.

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FAQ

Why Bearish?

Musk's diminishing political influence may hurt TSLA's market perception.

How important is it?

Market may perceive Musk’s political loss as diminishing his influence, affecting TSLA's brand.

Why Short Term?

Immediate perceptions from Musk’s political activities may impact TSLA's stock price.

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