with California Democrats Tesla's founder has had a tumultuous relationship both as a Visionary
of Silicon Valley and as an oppressive boss he has received praise and condemnation when musk
refused to comply with a company order to shut down his Fremont Factory and committed Aid to
covid-19 things became heated during the pandemic that was prior to musk taking control of Twitter
which sparked a Personnel Exodus and brought down a firm San Francisco had successfully courted but
how complicated is Elon musk's relationship with California and in Sweet Revenge Elon Musk will
reveal how corrupt the California governor Gavin Newsom stay tuned and we'll break down the details
here hello everyone welcome back to Elon Musk Evolution where we bring you the most recent
news about Elon Musk and his multi-billion dollar companies space news and the latest
science and technology but before we begin make sure you subscribe to our Channel and
click the Bell icon so you don't miss any of our amazing videos Tesla holds a sensitive position in
California Politics the zero emission vehicle sector which is essential to Governor Gavin
newsom's directive phasing out new gas-powered automobile sales has been nurtured in large part
because of the electric car manufacturer its facility creates manufacturing jobs
and promotes California innovation the business policies used by the corporation have also drawn
criticism Tesla has been a powerful lobbying Force spending about four million dollars to
influence Sacramento politicians since 2018 and has benefited from billions in public subsidies
given the alleged labor violations organized labor and Democratic allies have resisted the assistance
and tried to impose conditions on the funds Tesla has also been sued by California for alleged
racial discrimination one elected person famously cursed Elon Musk and she said it again yesterday
Whit Newsome musk has a stronger Ally the former mayor of San Francisco has a long-standing
friendship with Elon Musk who once appeared on newsom's talk show and contributed to Newsome's
2014 campaign for lieutenant governor with one of his final publicly disclosed California campaign
contributions do some complimented musk as an amazing person and a source of reverence even
after musk revealed his intentions to relocate his headquarters from California however recently even
Newsom has changed his tone according to the governor there is no Tesla without the state's
generous investment and he has connected Tesla's success to it so it was interesting to hear
Newsome claim that musk was pledging allegiance to GOP politicians like Florida Governor Ron DeSantis
and leader Kevin McCarthy because musk is also the beneficiary of their large s in places like Texas
and their tax credits a few weeks after that interview musk publicly declared his support
for DeSantis on Twitter of course musk enjoyed living in California which is a lovely place and
was formerly known as the land of opportunity Elon Musk and this state though are getting on
each other's nerves more and more governor of California Gavin newsom's hypocrisy was
revealed by even Elon Musk Elon Musk the CEO of Tesla recently stated that California is
a one-party state that is unfriendly to business and innovation in remarks made while participating
virtually in a conference in Miami California used to be the land of opportunity musk remarked
after receiving generous tax breaks from the state most notably when he built the first so-called
gigafactory in neighboring Nevada he went on to construct facilities in Shanghai and Berlin
however California has evolved into the land of taxes over regulation and litigation which is not
a good situation but when the time came to build a new U.S Factory musk chose Texas he bragged that
the recently opened gigafactory a structure three times the size of the Pentagon that is located
close to Austin was finished in only 18 months Elon Musk is really impressed with how quickly
Giga Texas is being built and how Innovative the governor is in contrast musk criticized the
governor of California for his lack of innovation if you held a gun to California governor Gavin
newsom's head musk demanded that the factory be built immediately but he was unable to even if you
are the governor of the state musk said you cannot accomplish your goals because there are so many
regulatory bodies and litigators in California trying to prohibit you from doing something given
that California is a one-party State and that Democrats possess a super majority in both the
state legislature and the general public musk shows the issue with California's political
environment and elected offices he continued by saying that the state's elected leaders will never
be responsive to anyone but the donors there must be a chance that Republicans have more than a zero
percent chance of winning in California before the people of that state finally become Fed Up
and demand change Elon Musk appealed to Gavin Newsom a few weeks ago on California's ridiculous
anti-environment solar tanks musk criticized the Californian draft plan that opponents said
discourages the adoption of rooftop solar panels Californians would pay the highest solar charge
in the nation including in states that are opposed to renewable energy and they would be
required to share the link and the governor of California's odd anti-environment tweet
Gavin Newsom offered a number of initiatives that were too far away from the current situation of
the State of California where it has a big budget surplus according to Elon Musk who also claimed
that the governor had no interest in people in addition to billions more in education spending
and cash rewards to every Californian who owns a vehicle Governor Gavin Newsome has demanded a
massive spending spree and has amended his budget proposal for 2022 to reflect this
a staggering 97.5 billion dollars make up the Surplus under Newsome's proposal owners of a
maximum of two automobiles would receive four hundred dollar checks the number of unemployed
Californians was 759 100 in February up 5800 from the previous month as people struggle in Southern
California despite the fact that purchasing a car is not California's most pressing necessity the
wealthiest Californians who were able to become even more successful throughout the pandemic are
responsible for generating a large portion of the state's tax revenue according to research
California has some of the highest electricity prices in the country and these costs are
disproportionately borne by a customer base that already faces financial difficulties even those
who make daily calls to the California office from people who are unable to pay their gas or electric
bills despite having to drive to work California's Republican state Senator Brian dawley claimed that
since we spend two dollars more per gallon than other states we should reimburse them Californians
used to be able to largely rely on the governor to be the responsible adult who would control the
legislature's insatiable thirst for tax spending under prior administrations not so with Gavin
Newsom whether you like him or not he personifies the public Choice theory on crack Newsome has
done such a good job leading California that his finance department has revealed that the state
had a population drop of 182 thousand residents in 2021. Newsom supporters said that the epidemic was
to blame for the population decline which was the first time it had occurred in more than 120 years
however the circumstances mainly showed what a bad leader Newsome is due to excessive regulation high
taxes forest fires electrical blackouts drought widespread homelessness Rising crime the High Cost
of Living and an even worsening culture future the legislature won't take away his nearly autocratic
emergency Powers the state's pro-frugal spender in Chief thinks that giving money to important
constituencies will calm the ire of the million of Voters who want him out of power undoubtedly there
are legitimate issues that Surplus or federal stimulus dollars may help with but doing so might
not help the governor's political position in the next recall election as Californians prepare for
another terrible dry season that could for example cause fires the governor could be able to pay the
firm's shares of the state's 20 billion dollar Unemployment Insurance Fund debt to the federal
government with the money instead of cleaning up Tinderbox forest or constructing dams it was done
on behalf of the tens of thousands of Unknowing businesses that Newsome's lockdowns compel them
to close their doors and fire countless people also millions of people have had their payments
delayed as a result of his incompetence in managing the Employment Development Department
and residents of other states are left to wonder why California's blue state budget decadence
persists Gavin will make an effort to silence his hometown's opponents despite the possibility of a
recall by overpaying and hosting summer circuses in honor of the state's reopening at his whim
Gavin Newsom and his feudal legislative allies declared that instead of governing just throw
money at the problem when Newsome came into office two years ago he didn't inherit any
political chaos Democrats have a super majority in the legislature and control
every position in the state however like every governor of a state in the Golden
State Newsom is subject to the whims of the fifth largest economy in the world how
competent a leader do you consider Gavin Newsom to be comment below with any thoughts you have
meanwhile Elon Musk most recently participated in a climate change interview he mentioned that
states in the U.S could impose a number of bans on automobile manufacturers like GM Ford and
Volkswagen the primary one is California's ban on pickup and truck models which will take effect on
January 1 2023 your right to drive in the state will be in Peril if you're one of the 80 000
owners who reside or drive in California and have an engine built before 2010 and after that Year's
emission standards with a few limited exceptions all trucks with engines manufactured in 2006 or
earlier in accordance with the California air resources boards truck bus and pickup truck rule
were prohibited from being used almost 10 years ago regarding Tesla's prices recently much has
been said over the years despite its high prices Tesla has drawn some non-luxury customers who were
willing to pay more to go electric but it still belongs to the luxury category the manufacturer
competes primarily with other premium Brands like Lexus BMW Mercedes-Benz and Audi as a premium
brand however it has been steadily losing market share over the years despite two years of enormous
price Rises that have made even its entry-level models unaffordable for the majority of purchasers
Tesla reduced the prices of all of its electric vehicles significantly last month making them
more accessible but keeping them still firmly in the luxury range as we previously predicted the
price reduction may have sparked a fresh EV price war and Tesla is well positioned to Prevail due
to its leading gross margin in the sector since 2017 the manufacturer has succeeded in having its
average sale price while increasing its operating margin from a negative 15 percent to one that
is now more than 15 percent in the black that's in spite of prices breaking the pattern for the
first time in 2022 by modestly increasing with the considerable price reductions to begin the year
costs in 2023 are anticipated to drop further however it's most thrilling to think about the
future since thanks to its soon to be unveiled Next Generation car platform Tesla's prices May
once again be slashed in half or almost so during the next five years and that ends today's episode
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