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.

  • jballs@sh.itjust.works
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    4 days ago

    Lol he’s so panicked he’s had to order Trump to send a tweet to try to convince right wingers to buy EVs now.

      • neidu3@sh.itjust.works
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        4 days ago

        Especially considering the Anheiser Busch (or however it’s spelled) boycot over someone else’s gender identity.

        The ones yelling “Snowflake!!11” for a decade turned out to be crybabies. Who woulda thunk.

      • GlendatheGayWitch@lemmy.world
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        4 days ago

        In Texas, if you have a contract with the state or a school district, you have to sign a contract where you agree not to “boycott israel” whatever that means. So I guess if one was to “boycott israel” while taking money from the state of Texas, that could be considered an illegal boycott.