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.

  • Billybob22@feddit.uk
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    15 hours ago

    Trump just f***ed Tesla. It had some coolness left in the brand but Truml just removed that on the White House lawn.

    • barneypiccolo@lemm.ee
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      2 hours ago

      Teslas have been the official MAGAmobile for a while now. The brand has been tainted for at least the last 6 months. Its just reaching a critical point where the stock is finally starting to crash. It will eventually end up around $20, which is where it belongs.