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.

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[–] tigeruppercut@lemmy.zip 95 points 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.

[–] europeanfan122@lemm.ee 14 points 22 hours ago (8 children)

Somehow I’m not feeling bad

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[–] BlurryBits@lemmy.blahaj.zone 78 points 1 day ago (5 children)

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 22 points 1 day ago (2 children)

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 20 points 1 day ago* (last edited 1 day 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.

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[–] melpomenesclevage@lemmy.dbzer0.com 12 points 22 hours ago (1 children)

wait; musk got child sex slaves from epstein? I was not aware of this, but he just admitted to it holy fuck is there anything evil this shit bag didn't have a finger in?

[–] Lucky_777@lemmy.world 7 points 19 hours ago (2 children)

Where did you see he got sex slaves from Epstein?

[–] melpomenesclevage@lemmy.dbzer0.com 3 points 18 hours ago* (last edited 12 hours ago) (3 children)

"linked critics to jeffery epstein". from a normal shitty guy that would just mean he was saying 'everyone talking shit about me is also shit'. but he's not a normal shitty guy. he's a delusional solipsistic narcissist who cannot imagine anything but himself and has a larger share of society by percentage from a larger more materially and population abundant/surplus society than has ever existed before in the history of life on earth. so when he accuses someone, ANYONE of something, ANYTHING; he is admitting that he can at least imagine himself doing it.

which means he has imagined himself doing it. and if he had unlimited money and zero consequences and zero conscience, and was into that, why not make his most fucked up fantasies a reality? and he wouldn't have remembered the guy existed if it wasn't important. so he clearly enjoyed himself. and went back. a lot.

so yes. I can't prove it in court, because the stardards of courts are classist and bullshit and also I'm very high right now, but elon musk definitely fucked a buncha kids. also he totally looks like a pedo. i'd bet a kidney on that, if there were anywhere i trusted for that kind of thing.

[–] Lucky_777@lemmy.world 2 points 14 hours ago (1 children)

I don't doubt Musk fucked kids. Eventually it'll come out, just might be 2100 before we find out lol.

no, was march 2025; you don't even need to click on the link. it's right there. fuck people are lazy.

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[–] Red_040@lemm.ee 4 points 17 hours ago

Really feels like I got a front row seat to this massive dumpster fire of an administration.

[–] Theprogressivist@lemmy.world 60 points 1 day ago (1 children)

linked critics to Jeffrey Epstein.

Projection to the highest degree.

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[–] bstix@feddit.dk 30 points 1 day 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.

[–] Majorllama@lemmy.world 8 points 22 hours ago

Good. Fuck him and fuck that overvalued shitty car company.

[–] mrbutterscotch@feddit.org 39 points 1 day ago

I hope it falls even more, what a loser

[–] jumperalex@lemmy.world 29 points 1 day ago* (last edited 1 day ago) (1 children)

In an IDEAL world, Musk will be removed as CEO for both failure to perform (he's literally not doing his job given that he's doing all his DOGshitE) and the harm he's bringing to the brand. No other CEO would be allowed to get away with this.

Then, in a JUST world the stock will stabilize, start to grow again, and everyone will get back on the EV train with Tesla included. While the Muskrat watches from the sidelines like the loser he is.

CAVEAT: only if he also doesn't still own any more of the stock than he could get owning VTSAX like the rest of us.

[–] dmention7@lemm.ee 35 points 1 day ago (3 children)

Maybe its a bit of a spicy take... but honestly, I'd be okay with this being a death spiral for tesla. They played their role in getting EVs into the mainstream, now let their figurative head rot on a pike as a warning that letting a shithead nazi helm your company is an existential mistake, and not just a bump in the road.

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

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

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[–] tenchiken@lemmy.dbzer0.com 12 points 1 day 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!"

The invisible bitch slap of the market strikes again! 🧐

[–] krebssteven@lemmy.world 26 points 1 day ago (1 children)

This is the true face of Musk, who is stuck perpetually in the mindset of a melodramatic 15 y/o.

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