As New York City voters head to the polls today for the mayoral election, Tesla CEO Elon Musk’s recent takedown of candidate Zohran Mamdani continues to stir debate. During an interview on “The Joe Rogan Experience,” Musk labeled Mamdani a “charismatic swindler.” He went on to say, “I mean you gotta hand it to him, like, he can light up a stage, but he has just been a swindler his entire life.”
Mamdani, a New York State Assemblyman and democratic socialist, has built his campaign around proposals like hiking the minimum wage to $30 an hour by 2030, boosting the corporate tax rate to 11.5%, scrapping bus fares, and rolling out universal childcare. He also calls for constructing 200,000 units of rent-stabilized housing over the next decade, freezing rents in stabilized units right away, and setting up city-run grocery stores that operate without rent or property taxes to sell goods at wholesale prices.
Musk pulled no punches on the potential fallout, stating, “If Mamdani’s policies are put into place, especially at scale, it would be a catastrophic decline in living standards, not just for the rich, but for everyone. As has been the case with every socialist experiment.”
This criticism aligns with Musk’s endorsement of Andrew Cuomo in the race, where he has openly backed the former governor against Mamdani’s platform. Musk even predicted Mamdani might still pull off a win despite the warnings.
Recent polls show Mamdani holding a lead, with one survey from Quinnipiac University putting him at 43% compared to Cuomo’s 33% and Republican Curtis Sliwa’s 14%. Emerson College Polling echoes this, giving Mamdani a larger edge over Cuomo.
Mamdani defended his tax increases in a Fox News interview, saying, “I’ve said time and time again that I believe these are the most straightforward ways that we can actually fund universal childcare, making buses fast and free, and I’ve said that the two clear ways to do so: raising personal income taxes on the top 1% by 2% and raising the corporate tax to match that of New Jersey’s corporate tax of 11.5%.” He resisted calls to trim city spending, adding, “I don’t think we have to cut, I’ve spoken about raising taxes on the wealthiest.”
Critics argue Mamdani’s vision could drive businesses away and burden everyday residents, echoing failed experiments elsewhere that prioritized government control over individual opportunity. Whether this sways undecided voters remains to be seen as results start rolling in tonight.
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