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.
He went from selling beans to selling shitty cars. The american dream is alive and well
Nazis aside, the cars aren’t shitty, or at least not the two cheaper, popular models. They certainly aren’t best in class, but saying they are shitty really undersells the good engineering that went in them, despite apartheid boy’s best efforts.