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.
I’m amazed the stock is still as high as it is. Anyone buying a Tesla right now is making an unpopular statement in most the world.
ive seen an increasing amount cyberdumpsters in my blue area since last year, one regularly picks up the gf in my neighborhood. the people buying it is mostly ignorant of musks tantrum and his bigotry.