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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGravity may be finally catching up to Elon Musk as Tesla stock tumbles
Anyone not ditching their Tesla stock isn't paying attention to the signals that are now everywhere as to how this will end for Musknamely, very badly. Americans won't stand for a coup orchestrated by a fascist, sociopathic South African centibillionaire.
Gravity may be finally catching up to Elon Musk as Tesla stock tumbles
— Jerry Chamberlain (@jezparker.bsky.social) 2025-03-19T18:39:09.568Z
www.cnn.com/2025/03/19/b...
Link to tweet
https://www.cnn.com/2025/03/19/business/elon-musk-tesla-stock-nightcap/index.html
Tesla shares have fallen more than 40% since January erasing all of the Trump bump that briefly saw the stock gain more than 90% after Election Day. Musk, whose wealth is overwhelmingly linked to his Tesla holdings, has personally lost $121 billion from his net worth over the past three months.
So what happened? Why hasnt Musks rapid ascent into oligarch territory helped rescue his baby (as President Trump called Tesla during the pairs bizarre ad-like press conference last week on the South Lawn)?
There are two main reasons:
Tesla sales are cratering around the world, and
Its CEO isnt doing anything to stop it.
While Musk is holed up in the EEOB looking for ways to break the federal government, Teslas core business is in crisis......
A CNN poll last week found that 53% of Americans have a negative view of Musk, while roughly 60% say he has neither the right experience nor the right judgment to make the kinds of sweeping cuts his department is carrying out.....
Prices on pre-owned Teslas are falling at more than double the rate of the average car, according to research by CarGurus. Used cars overall have fallen 2.7% year over year, while used Teslas have declined 7.3%. A used Cybertruck, Teslas head-scratching experiment in car design that looks like it was based on a dare, is worth a whopping 58% less on the resale market......
Musk has made his name synonymous with Tesla a fact that served them both well when Tesla seemed unstoppable and Musk became the worlds richest person.
But Tesla no longer seems unstoppable, and Musk no longer seems stable. That could prove a toxic pairing.

Keepthesoulalive
(1,427 posts)1 clown is too much.
Deuxcents
(22,605 posts)jeffreyi
(2,371 posts)Would definitely need decontamination for cooties.
Plus, the innocent car might get hit with droplets of rattlecan overspray. Or mysterious holes.
Dave Bowman
(5,311 posts)😂🖕🤣
LetMyPeopleVote
(164,680 posts)tanyev
(46,735 posts)
sheshe2
(92,361 posts)

sheshe2
(92,361 posts)His spaceships crash.
He crashed Twitter.
Now he crashed Tesla.
Boom! A three-fer!
Deuxcents
(22,605 posts)One addition, both lie every time they open their effing mouths!
fixnvibe
(1 post)Musk tied Teslas fate to his personal brand, and now both are in free fall. 🚀📉 Investors betting on his invincibility might want to reconsidergravity always wins. #Tesla #ElonMusk
B.See
(5,597 posts)The photos don't even BEGIN to convey how ugly they truly ARE.
Looked like something a kindergartner might make from the cardboard backings of notepads.
btw, welcome to DU.
Lovie777
(18,881 posts)that's why he's into USA federal government to destroy next, but at least he's rich.
RainCaster
(12,920 posts)Manny governments are dropping StarLink now. Like Canada.
dalton99a
(88,839 posts)
LetMyPeopleVote
(164,680 posts)ProfessorGAC
(73,092 posts)...it's UP 4.68% today.
Now, it's still down 4.97% in the last 5 trading days & 34.69% in the last month.
Gravity doesn't quit pulling down, so the fall isn't as predictable.
Plus, it's still up 37.7% over the past 365 days. Who wouldn't take that return? I think that's why institutional investors are shrieking yet.
Plus, it's 727% over the last 5 years. That 48.7% per year for 5 years. Another reason the investors aren't in full revolt mode.
LetMyPeopleVote
(164,680 posts)LetMyPeopleVote
(164,680 posts)Link to tweet
1) BYD's new battery tech
2) Wall Street scaling back forecasts
3) Slowing vehicle sales worldwide
4) A distracted CEO

edhopper
(36,123 posts)It's PE is way to high.