Key takeaways
- Two days after Democrats swept the 2026 midterms, Odd Lots guest Skanda Amarnath borrowed a line from billionaire John Arnold to sum up Elon Musk’s political spending.
- Musk was reportedly the largest individual donor of the 2026 midterms, giving $474 million to support Republicans.
Elon Musk spent a record sum on the midterms, and Tesla stock fell right after Democrats won. But the real cost of a political donation hides in a place most donors never check, and it reaches your own retirement account.
See the latest quote, chart and news for TSLA.
