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.

  • Yondoza@sh.itjust.works
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    19 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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      16 hours ago

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