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.

  • Xanza@lemm.ee
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    4 days ago

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

    yummy.

    • wpb@lemmy.world
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      3 days ago

      He could lose 99% of it and come out completely unscathed. He lives in a reality separate from ours. The only thing he’ll feel is a bullet through the head. Here’s hoping!