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.
Maybe its a bit of a spicy take… but honestly, I’d be okay with this being a death spiral for tesla. They played their role in getting EVs into the mainstream, now let their figurative head rot on a pike as a warning that letting a shithead nazi helm your company is an existential mistake, and not just a bump in the road.
I won’t totally disagree. But a lot of employees will lose their jobs and an innovative competitor would leave the market. Maybe a middle ground would be like, a hostile takeover bid that also merged them with Rivian or something. Then a rename to “eXla” just to fuck with Elon :)
Oooo “eXla”, that’s good, nice one!
[bows] you’re too kind, I do what I can.