Technology2 sources
Elon Musk clarifies Tesla and SpaceX government contracts
- Elon Musk clarified that Tesla has no government contracts.
- SpaceX's government revenue is declining, according to Musk.
- Shares of Tesla and SpaceX fell due to investor concerns.
- Musk expressed confidence about his companies' future despite potential increased scrutiny.
- Investors worry about the impact of the Democrats' mid-term election victory on Musk's businesses.