this post was submitted on 11 Mar 2025
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politics

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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.

(page 2) 50 comments
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[–] futatorius@lemm.ee 21 points 1 month ago (1 children)

To calm himself from the meltdown, I suggest he ups his dose of ketamine and then pisses blood.

Alternatively, self-immolation is always an option, and ethically correct in his situation.

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[–] Gammelfisch@lemmy.world 20 points 1 month ago (4 children)

Good, strip his US citizenship and send his worthless back to South Africa.

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[–] queermunist@lemmy.ml 20 points 1 month ago (1 children)

How long until Trump announces a "strategic reserve" of Tesla stock?

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[–] Ledericas@lemm.ee 20 points 1 month ago* (last edited 1 month ago)

were doing something right if hes melting down.

Epstein we know you are linked with EPSTEIN you have been in a photo with Miss kungfu coordinator and epstein. his projection against pedophelia and transgendered people is very telling.

[–] meme_historian@lemmy.dbzer0.com 19 points 1 month ago

The invisible bitch slap of the market strikes again! 🧐

[–] weirdboy@lemm.ee 16 points 1 month ago

Over the weekend, he shared clip from a Tesla fan account of the prototype for the Cybercab, a two-seater robotaxi the company will allegedly be making by 2026.

It is so accurate they qualified this with "allegedly" in this sentence.

[–] plc@feddit.dk 16 points 1 month ago

Schadenfreude intensifies

[–] Placebonickname@lemmy.world 16 points 1 month ago

Suck it Elon!

[–] CosmicTurtle0@lemmy.dbzer0.com 15 points 1 month ago

Ah, the invisible hand of the market, correcting over-inflated prices.

[–] fossilesque@lemmy.dbzer0.com 15 points 1 month ago

Maybe more ketamine will help.

[–] GaMEChld@lemmy.world 15 points 1 month 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.

[–] Omgboom@lemmy.zip 15 points 1 month ago (1 children)
[–] not_woody_shaw@lemmy.world 10 points 1 month ago

It's purpose was to trigger the other carmakers to sell BEVs. It has outlived its usefulness.

[–] Wispy2891@lemmy.world 15 points 1 month ago (2 children)

Today so many good news

He lost $23 billion from Tesla and $23 billion from tweeting about Carlos Slim

[–] D_C@lemm.ee 10 points 1 month ago

Has anyone told him about the pulling of bootstraps? I feel that if he really, realllly pulled then he could make that 46 bill back by the end of the week!

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[–] Billybob22@feddit.uk 14 points 1 month ago (1 children)

Trump just f***ed Tesla. It had some coolness left in the brand but Truml just removed that on the White House lawn.

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[–] europeanfan122@lemm.ee 14 points 1 month ago (1 children)

Somehow I’m not feeling bad

[–] tenchiken@lemmy.dbzer0.com 13 points 1 month 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!"

[–] bonkers@lemm.ee 13 points 1 month ago
[–] Formfiller@lemmy.world 12 points 1 month ago (1 children)
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[–] xc2215x@lemmy.world 12 points 1 month ago

Tesla is crumbling for sure.

[–] JustZ@lemmy.world 12 points 1 month ago

Maybe he should do more Nazi salutes.

[–] givesomefucks@lemmy.world 11 points 1 month ago

...

Republicans thought government employees needing to divest was just to keep them from making money..

They never realized the reason high ranking government officials shouldn't be invested in private companies like this, is people will fuck your private company up when you do things people don't like.

Not to mention that once federal employees found out Tesla was in our main index, lots of people pulled their retirement out of stocks and put it in the "safe" index. Even if you don't care about Musk and Tesla, when it's obvious the market is gonna crash, people pull their funds.

[–] wanderwisley@lemm.ee 11 points 1 month ago (1 children)

Ketamine is a hell of a drug.

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[–] Rooty@lemmy.world 10 points 1 month ago

Shooting yourself in the head in a bunker speedrun GO!

[–] RelativeArea1@sh.itjust.works 10 points 1 month ago

idk, maybe he should try doing his salute again or step his DOGE policies up a notch, that might save whats left.

[–] GreyAlien@lemm.ee 10 points 1 month ago* (last edited 3 weeks ago) (5 children)

Mark my words: Elon will regress intellectually over the next ten years, to the point where his brain will be like that of a child.

[–] WrenFeathers@lemmy.world 12 points 1 month ago

So, how exactly is that different than what it currently is?

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[–] jyl@sopuli.xyz 10 points 1 month ago

linked critics to Jeffrey Epstein.

If you're against me, you're a pedo!

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