Advertisement
Advertisement

Topic

Democratic

Politics

Musk-backed candidates lose US midterms despite financial backing

Shares of Tesla and SpaceX dropped after the Democratic party swept to power in America's midterm elections. Their founder, tech titan Elon Musk, poured over $440 million into Republican candidates and causes, the single biggest campaign donor in the election cycle. But his investment fell flat, as his preferred candidates lost races in Texas, where he has put down roots. We take a closer look.

Advertisement
Politics

REPLAY: Senate Democratic leader Chuck Schumer on US midterms

The US Senate Democratic leader Chuck Schumer talked to the press after the midterm election results. Democrats are riding their sweep of Congress into a new era, eager to meet voter demands for change with plans to tackle high costs of living and confront President Donald Trump's final years in the White House.

Advertisement