Former Democratic Minnesota Congressman Dean Phillips called out Gov. Tim Walz over recent comments he made regarding Tesla stock and Elon Musk.

During a town hall event in Wisconsin on March 18, Walz expressed satisfaction over Tesla’s stock decline, saying, “They’ve got that little stock app. I added Tesla to it to give me a little boost during the day. 225 and dropping.”

This came despite the fact that the Minnesota State Board of Investment, chaired by Walz, had significant investments in Tesla as of June 2024.

Walz then claimed during a town hall Saturday in Minnesota that he was “making a joke” with his Tesla comments.

The Minnesota governor also faced criticism when he referred to Musk as a “South African nepo baby” at a March 14 town hall in Iowa.