Anthony Scaramucci Says The Left Should Focus On Why It Lost Elon Musk Rather Than 'Demonizing' Him: Credits Tesla CEO For 'Enormously Positive' Impact On Humanity

On Wednesday, Anthony Scaramucci, founder and CEO of SkyBridge Capital, praised Tesla Inc. TSLA CEO Elon Musk for his transformative impact on humanity through his companies, urging the political left to reconsider their stance on the billionaire entrepreneur.

What Happened: Scaramucci highlighted Musk's contributions across multiple industries, from Tesla’s electric vehicles revolutionizing the auto industry to SpaceX making humanity's interplanetary ambitions a reality. 

Musk is catalyzing the EV revolution with Tesla, extending the healthy life of Earth, Scaramucci posted.

Trending: Start investing with eToro's CopyTrader — mirror top-performing traders with no management fees, and receive a $10 bonus when you deposit $100 today.

He also pointed to the billionaire's focus on "responsible AI development" with xAI and advancements in healthcare with Neuralink, which is empowering paralyzed patients.

"The left should focus on why it lost Elon, rather than demonizing him," Scaramucci stated.

See Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.

Latest Startup Investment Opportunities:

Why It’s Important: Scaramucci's comments reflect a growing divide between Musk and the political left. It also comes after Musk's departure as the head of the Department of Government Efficiency under the Donald Trump administration.

Previously, in an interview, Musk also defended his contentious time leading DOGE, stating that the department was unfairly blamed for a wide range of issues in Washington.

“It’s a bit unfair … DOGE became the whipping boy for everything,” he said, adding, “If there was some cut, real or imagined, everyone would blame DOGE.”

Musk's political involvement in the U.S., along with his outspoken views on Europe, also sparked considerable controversy.

Amid the fallout, Tesla's vehicle sales declined sharply and the company's board of directors reportedly began searching for a potential successor to Musk as CEO. Both the board and the billionaire called the report false. 

Now, Musk's renewed focus on Tesla has reignited optimism among Wall Street analysts. Dan Ives of Wedbush Securities set an upbeat price target of $500, forecasting that the company could ultimately achieve a $2 trillion valuation.

Photo Courtesy: Al Teich On Shutterstock.com

Read Next: 

• Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000.
• Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold.