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    Home»Money»Musk Reaffirms Support for AfD, Germany’s Far-Right Party
    Money

    Musk Reaffirms Support for AfD, Germany’s Far-Right Party

    Press RoomBy Press RoomDecember 29, 2024No Comments3 Mins Read
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    • Elon Musk again came out in support of Germany’s far-right party, Alternative for Germany.
    • In an op-ed in a German newspaper, Musk praised the party’s stance on immigration and regulation.
    • Germany is holding elections in February.

    Elon Musk, the billionaire Tesla CEO and advisor to President-elect Donald Trump, has reaffirmed his support for Germany’s far-right party.

    In an op-ed for a major German newspaper, Musk called the Alternative for Germany party, or AfD, the “last spark of hope for this country.” He praised its stances on immigration and government regulation, among others.

    “The AfD advocates a controlled immigration policy that gives priority to integration and the preservation of German culture and security. This is not about xenophobia, but about ensuring that Germany does not lose its identity in the pursuit of globalization,” Musk wrote. “A nation must preserve its core values ​​and cultural heritage to remain strong and united.”

    The Welt am Sonntag newspaper published the op-ed on Saturday alongside an opposing op-ed written by Welt’s editor in chief for television. The newspaper’s opinion editor resigned in response, citing the publication of Musk’s piece. Welt am Sonntag and Business Insider are both owned by Axel Springer SE.

    Germany is holding elections in February after Chancellor Olaf Scholz lost a vote of confidence earlier this month, paving the way for snap elections. Long a fringe political party, the AfD has been gaining popularity in Germany with its anti-immigration platform.

    Musk said in his opinion piece that the party “resonates with many Germans who feel their concerns are being ignored by the establishment,” adding that the “portrayal of the AfD as right-wing extremist is clearly false.”

    He also praised the party for supporting tax cuts and economic deregulation, and he called for a more balanced energy approach that includes nuclear energy.

    Tesla has a major gigafactory in Berlin that manufactures battery cells and Model Y cars.

    “As someone who has made significant investments in Germany’s industrial and technological landscape, I believe I have the right to speak openly about his political orientation,” Musk wrote.

    After publishing the op-ed, Musk reposted a series of comments on X, his social media platform, that also praised AfD. One post accused Europe and the United States of overusing the label “far-right.”

    Last week, Musk called Scholz an “incompetent fool,” adding that the chancellor should resign following an attack on a Christmas market in Magdeburg that left five people dead. Musk shared a post on X suggesting that the attack was a result of immigration. Police identified the suspect in custody as a Saudi citizen who sought political asylum in Germany.

    “We have freedom of opinion — it also goes for multibillionaires, but freedom of opinion also means that you can say things that aren’t right and don’t contain good political advice,” Scholz said in response, according to the Associated Press.

    Editor’s Note: Business Insider is owned by Axel Springer, which also owns the Welt am Sonntag newspaper.

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