A number of group motion and protest teams that after focused Tesla Inc TSLA and CEO Elon Musk over his push into politics have a brand new goal set for “Individuals Over Billionaires” rallies in giant cities on Aug. 22.
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Protests to Take On Peter Thiel, Palantir
A whole lot of individuals are anticipated to collect in Palo Alto and San Francisco to protest Peter Thiel, his Founders Fund enterprise capital agency and Palantir Applied sciences Inc PLTR, a firm he co-founded.
On Aug. 22, protests will happen at Palantir’s Palo Alto workplace and on the San Francisco workplace for Founders Fund.
Each protests will occur at 11 a.m. ET on Friday.
Protestors at each occasions are inspired to make indicators with phrases like “The Individuals Over Billionaires,” “Thiel Will get Wealthy, We Get Watched,” “Palantir Tracks, ICE Assaults” and “Palantir is Watching You.”
The protests in California will occur when different protests, which have been organized autonomously however in coordination, are taking place in huge cities corresponding to Denver, New York Metropolis, Charlotte, Toronto, San Diego and Philadelphia as a part of the “Individuals Over Billionaires” motion.
Learn Additionally: Tesla Takedown Says Protests Are Working: Hitting The place It Hurts, ‘The Firm’s Backside Line’
Why Are Individuals Protesting?
In accordance with a press launch from the corporate, the protests are being completed towards an organization that’s serving to the White Home administration compile knowledge on residents. Palantir additionally gained a contract in April to assist with boosting “ICE kidnappings and deportations,” in line with the protest teams.
The protests additionally include Palantir being named within the UN Report of the Particular Rapporteur, which listed firms benefiting from the “genocide in Gaza.”
The objective of the protests is to get lawmakers to cease giving tax {dollars} to Thiel and different “tech profiteers” and as a substitute assist expertise that “improves the lives of on a regular basis working individuals.”
Proper now, Palantir is benefiting from “authorities surveillance and management,” protest teams mentioned.
A number of teams beforehand protested Tesla at dealership areas and the Tesla Diner Supercharger location.
Tesla inventory is down 20% year-to-date and protests towards the corporate have been much less since Musk left his time on the White Home.
Palantir inventory is up 106% year-to-date in 2025 and the corporate has benefited from a number of main authorities contracts.
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