Shares of Tesla entered Monday down more than 34% year to date, and the stock has been cut nearly in half from its peak in December.
  • derfunkatron@lemmy.worldEnglish
    9·
    16 hours ago

    I mean, yeah. That was kinda the point.

    I’m glad he connected the dots, but he’s incapable of having a true moment of self reflection.

  • karl_chungus@lemm.eeEnglish
    14·
    18 hours ago

    If the Tesla board has any intelligence left, they will push him out.

    They deserve all the hurt incurred so far for not doing it yet, and will deserve to go under if they don’t in time.

  • michel@lemmy.ml
    4·
    15 hours ago

    What sucks is on the way down, between Trump’s tariff and preference for ICEs and foreign markets retaliating, he’ll take down the other US EV players. The ones run by what seems like genuinely nice people like Rivian and Lucid.

    In the greater scheme of things it wouldn’t matter so much, but quite a shame.

  • pjwestin@lemmy.world
    10·
    15 hours ago

    That’s definitely part of it. I would say the trucks that are literally becoming unglued (while the CEO is figuratively) are causing equal, if not greater, damage.

  • CharlesDarwin@lemmy.worldEnglish
    11·
    1 day ago

    Poor baby. I still don’t understand why all the austerity measures. Because when donvict came into office, he was handed an economy with very, very great numbers.

    I mean, in their fictional universe - the real reason is likely to defang any oversight of these criminals and steal as much money for themselves. The cover story they tell the idiot base is what?

    • pleasegoaway@lemm.ee
      3·
      16 hours ago

      The austerity is an attempt to offset the money the US will lose from tax cuts for the ultra wealthy.

      It’s their way of giving the appearance of a balanced budget.

      In reality, the austerity measures are just another transfer of wealth to the ultra wealthy.