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Musk Melts Down as Tesla Stock Price Plunges (www.rollingstone.com)

submitted 2 months ago by [email protected] to c/[email protected]

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[-] [email protected] 4 points 2 months ago

The tumble erased the last vestiges of the rally Tesla enjoyed after Trump’s election victory in November, when investors clearly felt that a company run by the president-elect’s largest Super PAC donor was a smart bet. It has lost more than 50 percent of its value — the equivalent of some $800 billion — since cresting in mid-December.

I'd like to see this go to zero.

He also replied to a self-identified nationalist user’s groundless claim that “groups” attacking Tesla property are “inspired by” Luigi Mangione, the alleged murderer of UnitedHealthcare CEO Brian Thompson. “Wow,” he wrote.

If only.

this post was submitted on 11 Mar 2025

228 points (96.7% liked)

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