Elon Musk Endorses Germany's AfD
Analysis based on 6 articles · First reported Jan 25, 2025 · Last updated Jan 26, 2025
Elon Musk's public endorsement of the far-right Germany — Alternative for Germany party and his controversial actions could negatively impact the brand image and stock performance of companies he leads, such as Tesla, Inc. and X (social network). The event also highlights potential political instability and the rise of far-right sentiment in Germany, which could affect investor confidence in the European market.
Elon Musk made a surprise video appearance at an Germany — Alternative for Germany (AfD) election campaign event in Halle, publicly endorsing the far-right party for the second time in weeks. He spoke about preserving German culture and moving 'past guilt' regarding Germany's Nazi past. This appearance followed a controversial gesture by Elon Musk at Donald Trump's inauguration festivities, which drew comparisons to a Nazi salute. Elon Musk has also previously attacked German Chancellor Olaf Scholz on X (social network) and hosted an interview with Alice Weidel, co-leader of Germany — Alternative for Germany, on the platform, raising concerns about election meddling. Anti-far-right protests occurred across Germany in response to the AfD event.
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