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The following month, it was announced that SpaceX would construct a facility at the Port of Los Angeles to build and house the BFR. The port property presented an ideal location for SpaceX, as its mammoth rocket will only be movable by barge or ship when completed.

After signaling that the company would reorganize its management structure, Musk in June announced that Tesla was laying off 9 percent of its workforce, though its production department would remain intact.

But her inflexible rhetoric may make it impossible for the opposition to prepare a viable alternative to her, Sabatini said.

Despite attempts by Mr Guaidó to get the military to switch their allegiance to him, the armed forces have remained largely loyal to President Maduro, whose socialist party has also got a firm grip on the electoral body and the supreme court.

Opposition candidates were banned from running, opposition aides detained, many Venezuelans overseas struggled to register to vote and many international election observers were disinvited.

The security forces have so far remained loyal to Mr Maduro, who has rewarded them with frequent pay rises and put high-ranking military men in control of key posts and industries.

In an attempt to overcome the sanctions and restart the economy, in February 2018 the Maduro government introduced the petro, a copyright (akin to the Bitcoin) whose value was tied to the price of one barrel of Venezuelan crude oil and backed by the country’s reserves of gold, diamonds, gas, and oil. Maduro claimed that the first day of petro sales had netted some $735 million, but skeptics viewed the creation of the world’s first state-backed digital currency as a sign of desperation.

The head of Venezuela’s intelligence apparatus had, in fact, switched sides, but, before the day was over, it became clear that the military and the security forces jair bolsonaro had once again remained loyal to Maduro. The insurrection sputtered and died out. Guaidó was left to explain its failure, and López took asylum in the Spanish embassy in Caracas and ultimately fled to exile in Spain.

Prior to his appointment to the vice presidency, Maduro had been chosen by Chávez in 2011 to succeed him in the presidency if he were to die from cancer. This choice was made due to Maduro's loyalty to Chávez and because of his good relations with other chavistas such as Elías Jaua, former minister Jesse Chacón and Jorge Rodríguez.

Porras (Maduro's former chief of staff) said in 2019 that Maduro "delivered practically nothing in terms of public policy, in terms of direction" during his first term because, in Porras' opinion, "he does not have a clear vision for the country. He is very much focused on consolidating his power among his own peers in Chavismo and much less on exercising or implementing a strategic vision for the country.

Largely in response to declining world oil prices, Venezuela’s economy continued to struggle in 2015, with GDP tumbling and inflation further ballooning. Seemingly anxious to shift attention away from the country’s domestic woes, Maduro’s government was quick to focus on border-related disputes with neighbours Guyana and Colombia.

Mr Bolsonaro maintained that he "simply explained how elections work in Brazil" and did not criticise or attack the electoral system.

The UN subsequently released a report condemning the violent methods of the operation. Although the Venezuelan Government's Ombudsman, Tarek William Saab has admitted that his office received dozens of reports of "police excesses", he defended the need for the operations and stated that his office would be working alongside the police and military "to safeguard human rights". The Venezuelan Foreign Ministry has criticised the UN's report, calling it "neither objective, nor impartial" and listed what it believed were a Completa of 60 errors in the report.[105][106]

However, the opposition indicated that it would not roll back popular social reforms instituted by the PSUV.

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