FormerTesla Inc.(NASDAQ:TSLA) executiveRohan Patelhinted on Monday thatElon Musk's endorsement of former PresidentDonald Trumpfor the upcoming Presidential elections is not likely to matter.

What Happened:"Generally endorsements don't matter much, with very few exceptions," said Patel, who was Tesla's vice president of global public policy and business development until April earlier this year.

Patel refuted a Tesla enthusiast who opined that Musk threatens Democrats' chances of remaining in power.

For...