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.

  • Xanza@lemm.ee
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    1 hour ago

    Tesla’s collapse cost Musk $23 billion in a single day.

    yummy.

  • weirdboy@lemm.ee
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    1 hour ago

    Over the weekend, he shared clip from a Tesla fan account of the prototype for the Cybercab, a two-seater robotaxi the company will allegedly be making by 2026.

    It is so accurate they qualified this with “allegedly” in this sentence.

  • drascus@sh.itjust.works
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    4 hours ago

    Oh wow look taking hard political stances is actually bad for business. A fact known for pretty much all of time. I wonder how the self proclaimed genius didn’t see this coming.

  • LucidLyes@lemmy.world
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    4 hours ago

    I received 0 money from any Democratic donor. They don’t have to pay me to enjoy your downfall.

  • gamer@lemm.ee
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    6 hours ago

    The amount of raw, undiluted satisfaction that would come from watching Musk’s fortune disappear would probably be enough to tide me over for the rest of the Trump presidency. I could be sent to a concentration camp slaving away somewhere manufacturing MAGA merch, and I’d still have a smile on my face knowing Elon went broke.

  • Ledericas@lemm.ee
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    5 hours ago

    were doing something right if hes melting down.

    Epstein we know you are linked with EPSTEIN you have been in a photo with Miss kungfu coordinator and epstein. his projection against pedophelia and transgendered people is very telling.

  • SirFasy@lemmy.world
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    8 hours ago

    God damn is he stupid. TF did he think was gonna happen when he pissed off the kind of people that buy EV’s

    • GladiusB@lemmy.world
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      7 hours ago

      He thought he was smarter and that it would be over in a week. He thought no one would keep listening to the bad and they are the type of leaders that only listen to themselves within their own echo chamber.

  • meisnoone@lemm.ee
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    5 hours ago

    Apropos nothing, has there ever been an uglier name (aesthetically, aurally) than “Elon Musk”? Just say it out loud a couple of times. Does it not make you almost throw-up in your mouth a little bit?

  • pyre@lemmy.world
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    8 hours ago

    musk melts down

    ah, I was hoping it was literal. maybe one day, fingers crossed.