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.

  • Boddhisatva@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    edit-2
    4 days ago

    Did you read the whole thing? He also accused wealthy liberals of financing Tesla protests including two that are dead, one for about 5 years. When one of those people told him he was full of it, he replied with:

    Musk replied, “Describe your favorite island vacation,” baselessly implying that Hoffman had visited the Caribbean private island of the late sex trafficker and pedophile Jeffrey Epstein.

    I don’t know if I would all this a melt down, but it’s not that far short of it.

    Btw, Musk should be cautious with this kind of accusation these days considering that his buddy Donnie was a very good friend of Epstein.