The wide sleeve is striking that conflicts of interest in politics are now dealt with. Not only with Donald Trump, who has as many interests in conflict as business is in his business holding, but also with Joe Biden and his amnestied son. … This marks a change regarding the level of ethical demand of 40 or 50 years ago, when a president of the United States resigned from espionage politician to his adversaries. Throughout the twentieth century, the main democracies created instinct mechanisms to isolate the economic and personal interests of their leaders of political decisions. Thus, blind and incompatibilities were created. Today, this seems not to matter in the White House, or in our Moncloa.
But the extreme case of Elon Musk, The richest man on the planet, designated by Trump to reduce bureaucracy without any obligation to distance himself from his business, is leaving some lessons about this stage of extraordinary promiscuity between politics and business. Because If you create a way between politics and the economy it is round trip, And while you can skip democratic label rules (as Merz does in Germany with its constitutional reform on debt), in the long run you cannot dodge the opinion of the markets and, above all, the sovereignty of the consumer.
Morgan Stanley has made a poll among 245 customers and contacts by Adam Jonas, its general director of the automobile sector analysis, and 85% of them believe that Musk’s entry into politics has had a ‘negative’ or ‘very negative’ impact in the foundations of your company Tesla. The actions of this electric car manufacturer have sunk 40% after maximums reached at the end of 2024 when the market believed that Musk’s commitment to Trump would become good to his businesses.
The damage is double. On the one hand it is reputationalwith people attacking dealers, recharge points or selling their tesla on Tik tok, But it is also managementespecially after the millionaire admitted in a Fox interview that his tasks in the government are occupying him too much time. That is why the analyst’s survey provides for a Fall of production This exercise. “He who has the Treasury to attend to it,” says an old Spanish saying.
Not all Tesla problems have to do with the affiliation of Musk to the government. But it is significant that the market, by these two ways, being reproaching this unscrupulous combination of policy and businesses. Others, such as the new president of Telefónica, Marc Murtra, or La Caixa, They should take note that the patience rope cannot be tightened so much until people react, normally for evil. The problem is that The reproaches go through neighborhoods, They only exist when those who abuse are those on the other side –Trump or Milei – but not when your advisors from Moncloa go to Extremadura to help the ‘Brotherhood’ or make commercial calls for the wife of the president of the Government.
#John #Müller #Elon #Murtra
