Wednesday, July 1, 2026

Elon Musk Seeks to Normalize Trump By Reinstating Twitter Account: Who Will Leave? How Will Tesla Stock Fare?

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Earlier this evening Elon Musk reinstated Donald Trump to Twitter. He’s seeking to normalize one of the most dangerous people in history. Trump incited riots on January 6th, regularly feeds misinformation and lies to his base, was impeached twice by Congress, and is now under investigation by the Department of Justice.

And that’s just the tip of the iceberg.

Musk’s announcement comes as thousands of Twitter employees have been fired, the company is in chaos, and Twitter accounts — especially from people in media and celebrities– are closing fast. CBS has suspended all its Twitter accounts. Watch for NBC, ABC, and PBS to follow suit, possibly also CNN (we’ll see about the latter).

What effect will this have on Musk’s main company, Tesla? The stock price is already at its bottom, but Monday could bring an even more severe reaction to this news.

As we stand, this site is still on Twitter. But Musk, I feel, has done absolutely the worst thing possible. If Trump gets active and resumes his old ways, that could bring Twitter down for good.

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Roger Friedman
Roger Friedman
Roger Friedman is the founder and editor-in-chief of Showbiz411. He wrote the FOX411 column on FoxNews.com from 1999 to 2009, where he covered Michael Jackson, and previously wrote the "Intelligencer" column at New York magazine in the mid-1990s, where he covered the O.J. Simpson trial. He also edited Fame magazine. His bylines have appeared in The New York Times, The Washington Post, the New York Daily News, the New York Post, Vogue, Details, and the Miami Herald. He is a voting member of the Critics Choice Awards (Film and Television branches), and his movie reviews are tracked by Rotten Tomatoes. With D.A. Pennebaker and Chris Hegedus, he co-produced the 2002 documentary "Only the Strong Survive," which screened at Directors' Fortnight at the Cannes Film Festival.

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