Musk melts down as Tesla stock price plunges
Musk melts down as Tesla stock price plunges
The electric vehicle company has become a toxic brand as its CEO wreaks havoc in Washington
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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Sounds like he didn't work hard enough.
Maybe he should eat less avocado toast.