In a recent interview with the Financial Times, Senator JD Vance, former running mate of Donald Trump, made a plea to billionaire Peter Thiel, urging him to "get off the sidelines" and financially support the Republican ticket for the 2024 presidential race. Vance, who previously worked for Thiel, expressed his desire to persuade him to reconsider his decision to stay out of the political arena.

During the interview conducted in the crucial swing state of Wisconsin, Vance emphasized the potential consequences of not supporting the Republican ticket. He stated, "He is fundamentally a conservative guy, and I think that he needs to get off the sidelines and support the ticket. He's obviously been exhausted by politics a little bit, but he's going to be really exhausted by politics if we lose and if Kamala Harris is president."

Vance's remarks come in light of Thiel's previous support for Donald Trump during the 2016 presidential campaign, where he contributed $1.25 million. Additionally, Thiel demonstrated his faith in Vance by donating $15 million towards his successful Senate bid in 2022. However, Thiel recently announced that he would not be providing any financial support to Trump's Super PAC this election cycle.

While Thiel cited his exhaustion with politics as a reason for his decision, he did express his preference for Trump over then-presumptive Democratic nominee Joe Biden. "If you hold a gun to my head, I'll vote for Trump," Thiel affirmed during the Aspen Ideas Festival.

As of now, there is no comment from Thiel or his representatives regarding Vance's plea for support. CNBC has reached out to the Trump campaign for additional insight on the matter.

It remains to be seen whether Vance's efforts to convince Thiel to back the Republican ticket for the 2024 presidential race will yield positive results. As the political landscape continues to evolve, the financial backing and support of influential figures like Thiel could play a significant role in shaping the outcomes of future elections.

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