Christopher Tsai retains faith in carmaker\u2019s earnings potential despite backlash that has seen its shares take a hit<\/p>\n
A devoted investor in Elon Musk<\/a>\u2019s Tesla \u2013 and once a <\/strong>close childhood friend of the US president\u2019s eldest son and namesake \u2013 says he hopes the world\u2019s richest man\u2019s role in cutting federal spending for Donald Trump\u2019s administration is \u201cshort-lived\u201d and that he returns to managing his businesses.<\/p>\n Investment manager Christopher Tsai, whose firm has tens of millions of dollars tied up in Tesla<\/a>, said the stock market had demonstrated clear signs of displeasure with Musk\u2019s activities at the so-called department of government efficiency. And, in an interview with the Guardian, Tsai said: \u201cI hope his involvement with [Doge] is short-lived so he can spend even more time on his businesses.\u201d<\/p>\n Continue reading…<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Christopher Tsai retains faith in carmaker\u2019s earnings potential despite backlash that has seen its shares take a hit A devoted investor in Elon Musk\u2019s Tesla \u2013 and once a close childhood friend of the US president\u2019s eldest son and namesake \u2013 says he hopes the world\u2019s richest man\u2019s role in cutting federal spending for Donald … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-36105","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/36105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=36105"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/36105\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=36105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=36105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=36105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}