Tesla's Musk says he 'can no longer support' Democrats, 'will vote Republican' - Reuters

Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022.

SAN FRANCISCO, May 18 (Reuters) - Tesla Inc (TSLA.O) CEO Elon Musk said on Wednesday that while he voted for Democrats in the past, he will now vote for Republicans.

"Poor Elon might only be the 2nd or 3rd richest man in the world now," one twitter user said.

Last year, Tesla, which counts California as its biggest market in the United States, moved its headquarters from California to the more politically conservative Texas.

He has sold about $25 billion worth of Tesla stock since last year in order to pay taxes and finance his proposed acquisition of Twitter.