Musk slams Mamdani as 'charismatic swindler,' warns policies would hurt quality of life in NYC

Billionaire Elon Musk warned in an interview that the policies of New York City mayoral candidate Zohran Mamdani, a democratic socialist, would cause a major decline in living standards.

Musk, the CEO of Tesla and SpaceX, appeared on "The Joe Rogan Experience" and acknowledged that Mamdani is the frontrunner in the mayoral race but said that his agenda, if implemented, would hurt New Yorkers' quality of life.

"Mamdani is a charismatic swindler," Musk said. "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."

"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," Musk added.