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Elon is a Trump supporter and moved his business out of ultra-liberal California. Of course there were going to be problems with some of the cast of SNL, especially in an era where everything is politically super mega charged.
Lorne Michaels likely saw his numbers dwindling and decided to bring a guy like Elon on just to get people to tune in and watch the dumpster fire it inevitably will be. Smart marketing on his part, really.
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