ELON MUSK UNDER PRESSURE IN TEXAS

The Democratic victory in the Texas midterm elections could weaken Elon Musk's economic interests, despite the nearly $500 million invested in supporting Republican candidates. The election of Democrat Gina Hinojosa as governor paves the way for increased scrutiny of Tesla and SpaceX's activities, particularly regarding tax breaks, data center projects, and industrial facilities. Democrats also want to review certain agreements made with the outgoing Republican administration. This electoral setback could thus complicate the billionaire's ambitions in artificial intelligence, energy, and space.