Economy

826 readers

163 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 2 years ago

MODERATORS

sv1sjp@lemmy.world

211

Tesla Stock Falls for 7th Week in a Row (www.investopedia.com)

submitted 1 day ago by lemmy_news@lemmy.wtf to c/economy@lemmy.world

11 comments fedilink hide all child comments

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

[–] usernamesAreTricky@lemmy.ml 64 points 1 day ago (1 children)

Keep boycotting the company and keep protesting. ~60% of Musk's wealth is tied to Tesla's share price. Tank the stock price and you can tank his net worth reducing his influence and power. The current fall in stock price has made his net worth fall by $150 billion since January. Keep going

There are protests all across the US and even some in other countries too. https://actionnetwork.org/event_campaigns/teslatakedown

[–] MrMcGasion@lemmy.world 39 points 1 day ago (1 children)

To add to this, if the stock takes enough of a hit, Elon may either step aside as Tesla CEO, or the board may replace him. If that does happen, don't let up. As long as Elon is a shareholder, he benefits from Tesla's stock price - even if the people who are brought in to turn it around are saints and the polar opposite of Elon. As long as he's a shareholder, he'll still benefit.

[–] Fiivemacs@lemmy.ca 4 points 1 day ago

Even if he has nothing to do with it anymore, continue to kill the company. It's a symbol of Nazism now. Nothing will change that. No point in that company existing.