The former vice presidential candidate Walz said he checks Tesla’s share price to give him a “little boost during the day,” nodding to Musk’s company’s more than 40% year-to-date loss.

Elon Musk may be forced to sell shares previously pledged to secure certain personal loans, should Tesla stock continue to decline. As pointed out by several online commentators, Musk is currently close to facing a margin call on the loans used to facilitate his 2022 purchase of Twitter.