🏛️ Federal agencies run a coordinated regulatory campaign against Elon's companies

“For example, Tesla, it's gone from roughly $250 to $320 a share since the election. And you could call that the lawfare discount. I mean, that basically is the discount on Tesla stock because the market was pricing in the risk of retaliation and if the Republicans lost, there's a widespread belief that the Democrats would go after Elon and his company. So you can actually measure the lawfare discount based on Tesla stock.”

“this is the truth about lawfare. They're using the agencies of the federal government to exact reprisals against their political opponents. If there's not a punishment for that, it's going to keep going.”

“But as of now, they have the ability to block launches out of Vandenberg, which they did and in their decision, they said it was because of Elon's political tweets.”

“So now you're punishing the guy who actually built the infrastructure for both of these projects. So the reward for actually doing the right thing, which Starlink did, SpaceX did and Tesla did, is to be punished.”

“do we want to live in the kind of administrative state where they will pick people that they dislike based on totally random criteria, a tweet, a meme, a post, and then all of a sudden punish a bunch of the rest of us because of that?”

“It's pure naked retaliation. The Biden-Harris administration doesn't want to admit that Elon has the best solution for rural Internet, just like they couldn't admit he made the best electric cars.”

“I mean, the conspiracy theories are quickly coming closer to reality. ... And we definitely need to investigate that, for sure. Because the FCC thing is crazy.”

“But look, you have to wonder how much of this is political. I mean, Delaware is Joe Biden's state. He's the senator. There were describing how this judge was connected to a law firm that had helped Joe Biden get elected.”

“Microsoft got so distracted by their court cases that the company went sideways for a decade.”

“it was presumed, just based on the trend, that Tesla would lose half the credit, keep half the credit. And in a bit of a surprising move, the IRS came out and said the whole thing, we're not going to acknowledge anymore.... one could guess that there is an attempt here to kind of do the death by a thousand cuts approach”

“there's a necessity of scrutiny and involvement in these agencies, given that they do have regulatory authority and responsibility over these various businesses”

“This is now part of a pattern of the federal government harassing Elon and his companies.... the administration is putting the thumb on the scales against Elon in favor of these less innovative competitors who have worse products”