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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    23 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.

    • Liberal_Ghost@lemmy.zip
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      16 hours ago

      Like, what in the actual fuck. How is it illegal to boycott Tesla? But it wasn’t illegal when all the rednecks wanted to boycott bud-light for having a pro gay add? This clown is a fucking joke.

      • whome
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        8 hours ago

        Because their boycotts usually consisted of buying a lot of the stuff they were angry about and then throw it away, burn it out shoot at it. 🤣

    • TechAnon@lemm.ee
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      16 hours ago

      LOL! Remember when conservatives were blocking Tesla chargers with their lifted trucks? The vast majority of conservatives who can afford EVs don’t want them anyway because it doesn’t make “vroom, vroom” sounds.

      • GlendatheGayWitch@lemmy.world
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        22 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.

        • Yondoza@sh.itjust.works
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          17 hours ago

          That feels like the government placing limits on the rights of corporations to express political views, which SCOTUS has stated is illegal (if you define speech as campaign contributions, which it does).

          • GlendatheGayWitch@lemmy.world
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            14 hours ago

            Not just corporations, but also individuals with a government contract and may also apply to government/school district employees

    • Polderviking@feddit.nl
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      20 hours ago

      So we can add “illegal” to the list of words Trump uses but doesn’t know the meaning of.

    • 800XL@lemmy.world
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      15 hours ago

      Holy shit I would laugh so hard if all these right-wing chucklefucks over-leveraged themselves on a Tesla, couldn’t pay the monthly payments, the car got repo’ed and they lost their home in the process.

    • Bob Robertson IX
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      23 hours ago

      I would love an explanation of how the boycott against Tesla is illegal.

      • samus12345@lemm.ee
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        21 hours ago

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

      • neidu3@sh.itjust.works
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        22 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.

        • Ledericas@lemm.ee
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          13 hours ago

          and busch had the last laugh, because they got ALCOHOLICS hooked they will never stop drinking busch beers.

    • Furbag@lemmy.world
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      22 hours ago

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

    • Jerb322@lemmy.world
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      15 hours ago

      So, I wonder if he’s really going to get one…he should like the new nickname they have.

    • Souroak@lemmy.sdf.org
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      20 hours ago

      He’s going to go a buy a Tesla tomorrow? I’m pretty sure he didn’t even keep the wrapped cybertruck that was gifted to him by those manosphere podcasters a while back.

    • pzzzt@lemmy.world
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      20 hours ago

      Too bad must people are too poor to afford one! It’s much easier to NOT buy something in protest than to have to actually purchase something.

    • Viskio_Neta_Kafo@lemm.ee
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      16 hours ago

      That’s the thing alot of them genuinely hate them. I don’t know if even Trump can get right wingers to start liking them?