Musk Melts Down as Tesla Stock Price Plunges
finance.yahoo.com
The electric vehicle company has become a toxic brand as its CEO wreaks havoc in Washington

Summary

Elon Musk lashed out online Monday as Tesla stock plunged over 15%, wiping out its post-election rally and shedding 50% of its value since December.

Investors worried about market declines, recession fears, and Tesla’s growing controversy after Musk’s far-right rhetoric and mass government layoffs.

Musk falsely claimed Democratic donors funded anti-Tesla protests and linked critics to Jeffrey Epstein. He amplified conspiracy theories blaming arson attacks on Democrats.

Despite his efforts, Tesla’s collapse cost Musk $23 billion in a single day.

    • EldritchFeminity@lemmy.blahaj.zone
      241·
      4 months ago

      This is one of the things that pissed me off during the election campaign. Calling Trump “weird” worked as well, for all of a couple of weeks, and then the party muzzled Walz and never let anyone say it again.

      They had an effective ad campaign that hit their opponents right where it hurt - their fragile ego - and they just…gave up.

      • krashmo@lemmy.world
        21·
        4 months ago

        They had an effective ad campaign that hit their opponents right where it hurt - their fragile ego - and they just…gave up.

        That’s a great overall summary of the DNC right there.

      • Ledericas@lemm.eeEnglish
        2·
        4 months ago

        that and parading his son around was a mistake. they shouldve ramped up the attack, and instead they just went into the background.

    • Flummoxx@lemm.eeEnglish
      231·
      4 months ago

      Wow, maybe Elon is the only person capable of getting Republicans out of internal combustible engines and into electric cars. Welcome to Bizzaro World.