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.

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[–] CircaV@lemmy.ca 5 points 2 hours ago
[–] the_crotch@sh.itjust.works 22 points 7 hours ago (2 children)

Yet the Tesla brand has also become uniquely toxic since Musk swept into Washington, gave what was widely recognized as a Nazi salute at an inauguration event

Good to see the mainstream media finally (sort of) calling this what it was instead of tiptoeing around it

[–] Ilovethebomb@lemm.ee 3 points 5 hours ago (1 children)

Given how litigious Musk is, I think that's as good as we'll get.

[–] Madison420@lemmy.world 1 points 3 hours ago

Doubt it to prove libel or slander he would have to somehow prove it wasn't a Nazi salute and it was specifically to hurt his reputation and not simply you know.... News.

[–] RememberTheApollo_@lemmy.world 6 points 7 hours ago (1 children)

Only to get views. Tomorrow they’ll be bending a knee again.

[–] jsomae@lemmy.ml 1 points 6 hours ago (1 children)

out of curiosity, can you explain what physical stance has only one knee bent? Like, a lunge..? Genuinely new to this expression.

[–] damdy@lemm.ee 7 points 5 hours ago* (last edited 5 hours ago) (1 children)

I'm amazed the stock is still as high as it is. Anyone buying a Tesla right now is making an unpopular statement in most the world.

[–] Ledericas@lemm.ee 2 points 4 hours ago* (last edited 4 hours ago)

ive seen an increasing amount cyberdumpsters in my blue area since last year, one regularly picks up the gf in my neighborhood. the people buying it is mostly ignorant of musks tantrum and his bigotry.

[–] barneypiccolo@lemm.ee 31 points 10 hours ago

Cool. I cant wait for Tesla shareholders to file a class-action lawsuit for recklessly and negligently tanking the share price. Their portfolios have taken a significant hit, and it's directly attributable to his poor public behavior, as well as partnering up with the loudest anti-EV voice on the planet. They have easily demonstrable damages, and it would be an easy case to win. I'll bet there are numerous lawyers lining up their cases right now.

AND, its just a matter of time before the Tesla board fires him as CEO. He can wreck the government and Tesla, or he can run Tesla, but he cant do both.

[–] bonkers@lemm.ee 12 points 8 hours ago
[–] Formfiller@lemmy.world 11 points 8 hours ago (1 children)
[–] mojofrododojo@lemmy.world 5 points 5 hours ago

not needed, they have concepts of a plan

[–] GreyAlien@lemm.ee 8 points 9 hours ago (4 children)

Mark my word: Elon will regressed intellectually during the next ten years, to the point his brain will be like the one of a child.

[–] mojofrododojo@lemmy.world 6 points 5 hours ago

ketamine is one hell of a drug

[–] WrenFeathers@lemmy.world 10 points 8 hours ago

So, how exactly is that different than what it currently is?

[–] GoodEye8@lemm.ee 5 points 9 hours ago

You need to be more specific than "a child" considering he mentally already seems to be at the intellectual capacity of a 15-16 year old (except without any of the capacity to learn).

[–] andros_rex@lemmy.world 3 points 9 hours ago (1 children)

Some kind of ketamine induced dementia?

[–] Ledericas@lemm.ee 1 points 4 hours ago

alcohol and cocaine,.

[–] Dropper_Post@lemm.ee 3 points 9 hours ago (1 children)

his eyes do look reptilian

[–] Ledericas@lemm.ee 2 points 4 hours ago* (last edited 4 hours ago)

after stringing out on ketamine and booze. wonder if he uses a vasoconstrictor on his eyes

[–] futatorius@lemm.ee 9 points 17 hours ago (1 children)

To calm himself from the meltdown, I suggest he ups his dose of ketamine and then pisses blood.

Alternatively, self-immolation is always an option, and ethically correct in his situation.

[–] Ledericas@lemm.ee 2 points 4 hours ago

hes more booze than blood at this point.

[–] Wispy2891@lemmy.world 15 points 23 hours ago (7 children)

Wow, the president is really scared, he even had to call trump for a photo op in front of a Tesla

trump had to stop golfing after the president called him for promoting sales of Tesla

[–] Trainguyrom@reddthat.com 4 points 9 hours ago

Y'know, if this gets conservatives to actually start being interested in EVs maybe that's not as bad of a result as it could've been

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[–] jaggedrobotpubes@lemmy.world 12 points 1 day ago (2 children)

Sounds like he didn't work hard enough.

[–] barneypiccolo@lemm.ee 9 points 10 hours ago

120 hours isn't enough, he needs to put in more hours.

[–] Don_alForno@feddit.org 10 points 1 day ago* (last edited 1 day ago)

Maybe he should eat less avocado toast.

[–] Billybob22@feddit.uk 7 points 22 hours ago (1 children)

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 5 points 10 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.

[–] joecamnet@lemmy.world 6 points 23 hours ago

Man. Poor guy. Really gotta feel for the nazi billionaires trying to destroy the world when their feefees get hurt. Chin up, champ!

[–] Wispy2891@lemmy.world 6 points 23 hours ago (2 children)

Today so many good news

He lost $23 billion from Tesla and $23 billion from tweeting about Carlos Slim

[–] barneypiccolo@lemm.ee 6 points 10 hours ago

Aw, hes down to only $400 billion. However will he survive?

[–] D_C@lemm.ee 5 points 22 hours ago

Has anyone told him about the pulling of bootstraps? I feel that if he really, realllly pulled then he could make that 46 bill back by the end of the week!

[–] plc@feddit.dk 5 points 23 hours ago

Schadenfreude intensifies

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