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 2) 50 comments
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[–] plc@feddit.dk 5 points 1 day ago

Schadenfreude intensifies

[–] Rooty@lemmy.world 3 points 1 day ago

Shooting yourself in the head in a bunker speedrun GO!

[–] Xanza@lemm.ee 4 points 1 day ago (2 children)

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

yummy.

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[–] weirdboy@lemm.ee 4 points 1 day 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.

[–] LucidLyes@lemmy.world 4 points 2 days ago* (last edited 1 day ago)

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

[–] gamer@lemm.ee 4 points 2 days 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.

[–] drascus@sh.itjust.works 3 points 2 days 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.

[–] jballs@sh.itjust.works 8 points 2 days ago (16 children)

Lol he's so panicked he's had to order Trump to send a tweet to try to convince right wingers to buy EVs now.

This coming from the same exact person that called for a boycott of Tesla not just two years ago, is fucking rich.

[–] Liberal_Ghost@lemmy.zip 3 points 2 days ago (2 children)

Like, what in the actual fuck. How is it illegal to boycott Tesla? But it wasn't illegal when all the rednecks wanted to boycott bud-light for having a pro gay add? This clown is a fucking joke.

[–] whome@discuss.tchncs.de 1 points 1 day ago

Because their boycotts usually consisted of buying a lot of the stuff they were angry about and then throw it away, burn it out shoot at it. 🤣

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[–] But_my_mom_says_im_cool@lemmy.world 5 points 2 days ago (1 children)

How do you illegally boycott something? I know he’s a fucking moron but this is one of the stupidest things he’s ever said

[–] GlendatheGayWitch@lemmy.world 2 points 2 days ago (2 children)

In Texas, if you have a contract with the state or a school district, you have to sign a contract where you agree not to "boycott israel" whatever that means. So I guess if one was to "boycott israel" while taking money from the state of Texas, that could be considered an illegal boycott.

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[–] Polderviking@feddit.nl 3 points 2 days ago* (last edited 2 days ago)

So we can add "illegal" to the list of words Trump uses but doesn't know the meaning of.

[–] TechAnon@lemm.ee 2 points 2 days ago

LOL! Remember when conservatives were blocking Tesla chargers with their lifted trucks? The vast majority of conservatives who can afford EVs don't want them anyway because it doesn't make "vroom, vroom" sounds.

[–] PunnyName@lemmy.world 1 points 2 days ago

I fucking hate that man.

[–] Furbag@lemmy.world 2 points 2 days ago

Man who doesn't drive buys fascist car to show solidarity with worlds richest man.

[–] 800XL@lemmy.world 1 points 2 days ago

Holy shit I would laugh so hard if all these right-wing chucklefucks over-leveraged themselves on a Tesla, couldn't pay the monthly payments, the car got repo'ed and they lost their home in the process.

[–] Bob_Robertson_IX@discuss.tchncs.de 1 points 2 days ago (2 children)

I would love an explanation of how the boycott against Tesla is illegal.

[–] samus12345@lemm.ee 1 points 2 days ago* (last edited 2 days ago)

"L'état, c'est moi," so anything he doesn't like is illegal.

[–] neidu3@sh.itjust.works 1 points 2 days ago* (last edited 2 days ago) (1 children)

Especially considering the Anheiser Busch (or however it's spelled) boycot over someone else's gender identity.

The ones yelling "Snowflake!!11" for a decade turned out to be crybabies. Who woulda thunk.

[–] Ledericas@lemm.ee 1 points 2 days ago

and busch had the last laugh, because they got ALCOHOLICS hooked they will never stop drinking busch beers.

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[–] Embargo@lemm.ee 10 points 2 days ago (1 children)

Elon: Does a Nazi salute then proceeds to do Nazi stuff within the confines of the U.S. government.

Also Elon: Why is everyone picking on me?

[–] meeeeetch@lemmy.world 3 points 2 days ago (2 children)

If he had just never started posting, he'd have such a better life.

[–] SkyeStarfall@lemmy.blahaj.zone 4 points 2 days ago (1 children)

He got terminal j k rowling disease 😔

[–] RestrictedAccount@lemmy.world 2 points 2 days ago

Drugs are a powerful drug

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[–] SirFasy@lemmy.world 2 points 2 days ago (2 children)

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

[–] Dultas@lemmy.world 2 points 2 days ago

Nothing. He's not used to consequences.

[–] GladiusB@lemmy.world 1 points 2 days 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.

[–] pyre@lemmy.world 2 points 2 days ago (3 children)

musk melts down

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

[–] Gammelfisch@lemmy.world 1 points 2 days ago (1 children)

Good, strip his US citizenship and send his worthless back to South Africa.

[–] KyuubiNoKitsune@lemmy.blahaj.zone 1 points 1 day ago (1 children)

We don't want him back, send him to Antarctica.

[–] InternetCitizen2@lemmy.world 1 points 1 day ago (1 children)

Just grant him his wish to go to Mars. We all get a happy ending ;)

[–] Sundiata@lemmy.world 0 points 1 day ago

and risk having him make first contact with alien life?

any alien civilization that comes into contact with him will default to exterminating the human race after incinerating him on the spot.

[–] Red_040@lemm.ee 1 points 2 days ago

Really feels like I got a front row seat to this massive dumpster fire of an administration.

[–] Etterra@discuss.online 1 points 2 days ago
[–] Etterra@discuss.online 1 points 2 days ago
[–] MedicPigBabySaver@lemmy.world 1 points 2 days ago (1 children)
[–] PunnyName@lemmy.world 1 points 2 days ago

He is a Nazi.

[–] Majorllama@lemmy.world 1 points 2 days ago

Good. Fuck him and fuck that overvalued shitty car company.

[–] DarkFuture@lemmy.world 1 points 2 days ago (1 children)
[–] OCATMBBL@lemmy.world 1 points 2 days ago

"Sieg creil"

[–] tenchiken@lemmy.dbzer0.com 1 points 2 days ago

What are the odds he had someone torch a few cars just so he could try involving militia, etc?

The old "look look antifa!"

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