Elon Musk says he won’t vote for Biden over Trump, calls Haley ‘pro-censorship’

Published

2 years ago

November 29, 2023

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Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023. Sunak convened this week’s AI summit in an effort to position the UK at the forefront of global efforts to stave off the risks presented by the rapidly-advancing technology, which in the prime minister’s own words, could extend as far as human extinction. Photographer: Tolga Akmen/EPA/Bloomberg via Getty Images

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Elon Musk said Wednesday that he won’t vote for President Joe Biden in the 2024 election, even if former president Donald Trump is the Republican nominee.

“I would not vote for Biden,” Musk said during a wide-ranging interview with Andrew Ross Sorkin at the DealBook Summit in New York. “I’m not saying I’d vote for Trump.”

When asked what he’d do if those were the two nominees, Musk said, “This is definitely a difficult choice here.”

Musk, who says he supported Barack Obama’s candidacy, has moved rightward in his politics in recent years, writing in a tweet last year that “today’s Democratic Party has been hijacked by extremists.”

While he hasn’t endorsed a specific candidate for the 2024 election, Musk said last year that Florida Governor Ron DeSantis was his preferred choice at the time. He also hosted DeSantis’s campaign launch on X, formerly Twitter. More recently, Musk has said that Vivek Ramaswamy is “looking like a strong candidate.”

Musk told Sorkin on Wednesday that he disagrees with Ramaswamy on climate issues, but he shares some of the candidate’s views on government overreach and censorship. DeSantis’s name did not come up in the interview.

When asked if he could support Nikki Haley among the Republicans, Musk said no and described the former South Carolina governor as a “pro-censorship candidate.”

In terms of which party is more favorable towards freedom of speech, Musk said that “on balance, the Democrats appear to be more pro-censorship than Republicans,” which he characterized as a change from the past.

“We certainly get more complaints from the left than the right,” Musk said.

WATCH: Elon Musk shoots himself in the foot’ by reposting ‘wacky, fringe theories.’

Elon Musk 'shoots himself in the foot' by reposting 'wacky, fringe theories', says Walter Isaacson

Technology

3 takeaways from Intel earnings: Cash flow, foundry progress and hardware surprise

Published

3 hours ago

October 24, 2025

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3 takeaways from Intel earnings: Cash flow, foundry progress and hardware surprise

Wall Street remains skeptical on Intel despite its return to profitability

Intel snapped a losing streak of six straight quarterly losses and returned to profitability in the third quarter.

In its first earnings report since the Trump administration acquired a 10% stake in the company, the U.S. chipmaker posted strong revenue, noting robust demand for chips that it expects to continue into 2026.

Client computing revenue, which includes chips for PCs and laptops, grew 5% year over year, benefiting from PC market stabilization and artificial intelligence PC prospects.

CEO Lip-Bu Tan said in a call with analysts Thursday that artificial intelligence “is a strong foundation for sustainable long-term growth as we execute.”

The chip strength and demand were bright spots, but there were areas of concern as well, with the company’s foundry business still needing a big break.

Here are three takeaways from the chipmaker’s Q3 report:

Cash flow

“We significantly improved our cash position and liquidity in Q3, a key focus for me since becoming CEO in March,” Tan said on a call with analysts Thursday.

Intel landed an $8.9 billion investment from the U.S. government in August, along with $2 billion from Softbank, but has not yet received the $5 billion tied to a deal with Nvidia. The company expects that deal to close by the end of Q4.

With all of those transactions completed, plus the Altera sale, Intel will have $35 billion in cash on hand, CFO David Zinser told CNBC.

The U.S. government is the company’s biggest shareholder, and Intel stock is up more than 50% since Aug. 22, when Commerce Secretary Howard Lutnick announced the deal.

“Like any shareholder, we have to keep in touch with them,” Zinser said of the U.S. stake. “We don’t tell them how the numbers are going before the quarter. We generally talk to them like Fidelity,” another Intel shareholder.

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Intel 3-month stock chart.

Foundry

The firm’s foundry remains a work in progress.

Revenue fell 2% over the year before, and it has yet to land a major customer.

Intel now has two fabs running 18A nodes, which are designed for AI and high-performance computing applications.

“We are making steady progress on Intel 18A,” Tan said of its latest chip technology. “We are on track to bring Panther Lake to market this year.”

Zinser said the more advanced 14A nodes won’t be put in supply until the company has “real firm demand.”

Old stuff still selling

Zinser said the company’s older chipmaking processes, or nodes, have continued to do well, “and that was probably the part that was more unexpected.”

Zinser said the chipmaker met some of the central processing unit (CPU) demand with inventory on hand, but they will be behind in Q1, “probably Q2 and maybe in Q3.”

The supply crunch has been with older Intel 10 and 7 manufacturing technologies.

Many customers are opting for less advanced hardware to refresh their operating systems, demonstrating enterprises aren’t waiting for cutting-edge chips when proven technology gets the job done.