Economics

894 readers

510 users here now

founded 2 years ago

333

Tesla loses $68 billion in value after Elon Musk says he is launching a political party (www.cnbc.com)

submitted 18 hours ago* (last edited 18 hours ago) by babysandpiper@sopuli.xyz to c/economics@lemmy.world

43 comments fedilink hide all child comments

KEY POINTS

Elon Musk said he would form a new political party called the “America Party.”

Tesla shares fell Monday after Musk’s announcement.

Tesla shareholders have wanted Musk to stay away from politics, especially after his stint at the so-called Department of Government Efficiency, which many have said damaged the automaker’s brand.

you are viewing a single comment's thread
view the rest of the comments

[–] solsangraal@lemmy.zip 111 points 17 hours ago (12 children)

wild that we used to think this fucking clown was cool

[–] ThePowerOfGeek@lemmy.world 81 points 17 hours ago (1 children)

And smart.

But it turns out he basically steals the ideas of better people and takes all the credit. Truly a modern day Thomas Edison. But even worse.

[–] caseyweederman@lemmy.ca 18 points 14 hours ago (1 children)

Worse, for many reasons, but also: stealing Tesla's actual name this time

[–] MotoAsh@lemmy.world 17 points 13 hours ago

No. Yet again, you are giving him too much credit. He did not start Tesla nor did he have ANY hand in any of the successful designs.

load more comments (10 replies)