this post was submitted on 11 Mar 2025
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politics

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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.

(page 4) 44 comments
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Ah, the invisible hand of the market, correcting over-inflated prices.

[–] fossilesque@lemmy.dbzer0.com 15 points 1 day ago

Maybe more ketamine will help.

[–] Placebonickname@lemmy.world 15 points 1 day ago

Suck it Elon!

[–] xc2215x@lemmy.world 11 points 1 day ago

Tesla is crumbling for sure.

[–] MedicPigBabySaver@lemmy.world 4 points 1 day ago (1 children)
[–] PunnyName@lemmy.world 2 points 20 hours ago

He is a Nazi.

[–] Omgboom@lemmy.zip 14 points 1 day ago (1 children)
[–] not_woody_shaw@lemmy.world 9 points 1 day ago

It's purpose was to trigger the other carmakers to sell BEVs. It has outlived its usefulness.

[–] RelativeArea1@sh.itjust.works 10 points 1 day ago

idk, maybe he should try doing his salute again or step his DOGE policies up a notch, that might save whats left.

[–] givesomefucks@lemmy.world 11 points 1 day ago

...

Republicans thought government employees needing to divest was just to keep them from making money..

They never realized the reason high ranking government officials shouldn't be invested in private companies like this, is people will fuck your private company up when you do things people don't like.

Not to mention that once federal employees found out Tesla was in our main index, lots of people pulled their retirement out of stocks and put it in the "safe" index. Even if you don't care about Musk and Tesla, when it's obvious the market is gonna crash, people pull their funds.

[–] kane@femboys.biz 9 points 1 day ago

Dude would even get away with it all if he didn’t post everything he did on the internet.

[–] jyl@sopuli.xyz 10 points 1 day ago

linked critics to Jeffrey Epstein.

If you're against me, you're a pedo!

[–] Shawdow194@fedia.io 9 points 1 day ago
[–] Kimmy@lemmy.world 1 points 1 day ago

Boofuckinghoo

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