this post was submitted on 16 Apr 2025
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[–] altphoto@lemmy.today 6 points 4 days ago (6 children)

He doesn't care. He wants it to tank because then he can buy it out and go fully private again.

[–] MITM0@lemmy.world 4 points 4 days ago

That's great, now you get to deliver the finishing blow

[–] doggle@lemmy.dbzer0.com 1 points 4 days ago

If I'm not mistaken the overwhelming majority of elons wealth is in company stock (including his other companies, not just Tesla)

It might need to fall pretty damn low for him to be able to afford all outstanding shares.

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[–] Ulrich@feddit.org 10 points 5 days ago

The S&P 500 and Nasdaq 100 both showed it as well on Monday, as the indexes continue to fluctuate in wild and somewhat unpredictable ways

Clickbait nonsense. The market as a whole is falling and these publications choose to instead write articles about each individual stock that generates headlines. TSLA stock is still up 7% for the month and a whopping 57% for the last year.

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