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.

  • Wispy2891@lemmy.world
    link
    fedilink
    arrow-up
    18
    ·
    9 days ago

    Wow, the president is really scared, he even had to call trump for a photo op in front of a Tesla

    trump had to stop golfing after the president called him for promoting sales of Tesla

    • Trainguyrom@reddthat.com
      link
      fedilink
      English
      arrow-up
      2
      ·
      8 days ago

      Y’know, if this gets conservatives to actually start being interested in EVs maybe that’s not as bad of a result as it could’ve been