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.

  • jballs@sh.itjust.works
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    21 hours ago

    Lol he’s so panicked he’s had to order Trump to send a tweet to try to convince right wingers to buy EVs now.

      • GlendatheGayWitch@lemmy.world
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        20 hours ago

        In Texas, if you have a contract with the state or a school district, you have to sign a contract where you agree not to “boycott israel” whatever that means. So I guess if one was to “boycott israel” while taking money from the state of Texas, that could be considered an illegal boycott.

      • neidu3@sh.itjust.works
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        20 hours ago

        Especially considering the Anheiser Busch (or however it’s spelled) boycot over someone else’s gender identity.

        The ones yelling “Snowflake!!11” for a decade turned out to be crybabies. Who woulda thunk.

      • samus12345@lemm.ee
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        19 hours ago

        “L’état, c’est moi,” so anything he doesn’t like is illegal.

    • Furbag@lemmy.world
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      20 hours ago

      Man who doesn’t drive buys fascist car to show solidarity with worlds richest man.

  • GoofSchmoofer@lemmy.world
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    23 hours ago

    JFC I’d actually appreciate the maga version of the Democrats.

    These fictional Democrats are organized, well funded, cohesive and seem to have a great long term strategy for ruining republicans. With an organization like that you’d think that they would be in control of the government?

  • Red_October@lemmy.world
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    21 hours ago

    Let me know when the meltdown reaches the point that we seal him in concrete and bury the container in a cave in the deep desert for the next thousand years.

    • AngryCommieKender@lemmy.world
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      21 hours ago

      Fun fact: The Nuclear Energy Commission has several ideas on what to do with nuclear waste. Well before The Elder Scrolls: Arena came out, they floated an idea to bury the waste in remote locales, but they couldn’t figure out how to mark it in such a way that would transcend language, since the waste will still be deadly several hundred times longer than any human civilization has managed to last. One of the many ideas they came up with was to cover the sites with what appear to be Daedric Ruins from Morrowind. AFAIA none were ever built, sadly.

      Make America Build Daedric Ruins!

      • Moose@moose.best
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        20 hours ago

        A good use for hostile architecture, unlike spiked steps that stop people from sitting on them.

  • Embargo@lemm.ee
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    1 day ago

    Elon: Does a Nazi salute then proceeds to do Nazi stuff within the confines of the U.S. government.

    Also Elon: Why is everyone picking on me?

  • Optional@lemmy.world
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    23 hours 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.

    • Boddhisatva@lemmy.world
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      21 hours ago

      Did you read the whole thing? He also accused wealthy liberals of financing Tesla protests including two that are dead, one for about 5 years. When one of those people told him he was full of it, he replied with:

      Musk replied, “Describe your favorite island vacation,” baselessly implying that Hoffman had visited the Caribbean private island of the late sex trafficker and pedophile Jeffrey Epstein.

      I don’t know if I would all this a melt down, but it’s not that far short of it.

      Btw, Musk should be cautious with this kind of accusation these days considering that his buddy Donnie was a very good friend of Epstein.

      • Furbag@lemmy.world
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        20 hours 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.

        • peach@lemmy.blahaj.zone
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          19 hours ago

          There seem to be about 5000 people living there now… I wouldn’t want that for them. But I’m sure there’s a nice, sparse, unpopulated island without utilities and internet access in the Hawaiian archipelago for Mr. Musk to spend the rest of his life on. Lisianski Island for example looks great!

          Edit: Or Sentinel Island, the indigenous would be really happy to see him :)

  • tenchiken@lemmy.dbzer0.com
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    20 hours ago

    What are the odds he had someone torch a few cars just so he could try involving militia, etc?

    The old “look look antifa!”

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    1 day ago

    “My actions are directly linked to tanking my company, so I’ve decided to double down on being a nazi.”

    Prime example of how the rich are in their positions because of sheer genius and literally nothing else.

  • Blurry Bits@lemmy.blahaj.zone
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    1 day ago

    I’ll give credit where it’s due. The memes, the ‘swasticar’ stuff - it worked. The negative bias isnt just some lefties, it’s the drivers themselves feeling it. That stigma is not about to go away, so as long as Musk’s name is attached, the only buyers will be ideological ones.

    And, I don’t think the chuds are enough to float

    Oh well Elon, YOLO

    • EldritchFeminity@lemmy.blahaj.zone
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      21 hours ago

      This is one of the things that pissed me off during the election campaign. Calling Trump “weird” worked as well, for all of a couple of weeks, and then the party muzzled Walz and never let anyone say it again.

      They had an effective ad campaign that hit their opponents right where it hurt - their fragile ego - and they just…gave up.

      • krashmo@lemmy.world
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        20 hours ago

        They had an effective ad campaign that hit their opponents right where it hurt - their fragile ego - and they just…gave up.

        That’s a great overall summary of the DNC right there.

    • Flummoxx@lemm.ee
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      1 day ago

      Wow, maybe Elon is the only person capable of getting Republicans out of internal combustible engines and into electric cars. Welcome to Bizzaro World.

    • teamevil@lemmy.world
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      22 hours ago

      I know people driving a Tesla who are unhappy they’re driving a Tesla now because of the musk.

  • bstix@feddit.dk
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    24 hours ago

    Easy come, easy go. I think it was pretty obvious from the start that the richest man on Earth was balancing on a bloated balloon.

    He’s still filthy rich from the payouts he took along the way, but I guess he will soon feel the interests of the Twitter loans piercing into his actual assets.

    • Boddhisatva@lemmy.world
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      21 hours ago

      I expect Elon will come out with Starlink guided AI tanks that Trump can spend billions from the effectively infinite defense budget on.

  • GaMEChld@lemmy.world
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    22 hours ago

    I mean they have shit QC, and their competition is fierce. The Cybertruck failed entirely as a product. That stock was overvalued for a long time. It was only high based on Musk. So it only stands to reason that it would fall based on him as well.