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.

  • Optional@lemmy.world
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    7 months ago

    He also circulated a video taken by a customer in their new Cybertruck, writing, “Heartfelt thanks to everyone supporting @Tesla, despite many attacks against our stores and offices.”

    that’s the meltdown.

    It’s RollingStone, btw, whom Yahoo is reposting. This is the Nü “May be collapsing” headline the corporate news sewers need to push. They’re desperate for someone or something to go down so they can claim victory.

    Musk is going to walk away with billions stolen from taxpayers, and he’s not ‘melting down’ for shit, he just Xitted something before dosing himself and it sounds vaguely like something a regular person might have said so they jumped on it.

      • Furbag@lemmy.world
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        7 months ago

        “Describe your favorite island vacation,”

        You know that island they exiled Napoleon to? Is it still suitable to leave a certain billionaire there for an indefinite amount of time, or is it a major tourist destination now? Asking for a friend.