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LetMyPeopleVote

(164,680 posts)
Wed Mar 19, 2025, 03:56 PM Mar 19

Gravity 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 Musk—namely, 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

www.cnn.com/2025/03/19/b...

Jerry Chamberlain (@jezparker.bsky.social) 2025-03-19T18:39:09.568Z



https://www.cnn.com/2025/03/19/business/elon-musk-tesla-stock-nightcap/index.html

Elon Musk’s DC power grab hasn’t been the Tesla-stock jet fuel investors were expecting.

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 hasn’t Musk’s rapid ascent into oligarch territory helped rescue his “baby” (as President Trump called Tesla during the pair’s 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 isn’t doing anything to stop it.

While Musk is holed up in the EEOB looking for ways to break the federal government, Tesla’s 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, Tesla’s 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 world’s richest person.

But Tesla no longer seems unstoppable, and Musk no longer seems stable. That could prove a toxic pairing.
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Gravity may be finally catching up to Elon Musk as Tesla stock tumbles (Original Post) LetMyPeopleVote Mar 19 OP
I hope so Keepthesoulalive Mar 19 #1
I have purposely looked for another parking space if one is vacant next to a Tesla. They seem to combust easily Deuxcents Mar 19 #2
Any vehicle parked next to a swasticar jeffreyi Mar 19 #8
Aww, so sad. Dave Bowman Mar 19 #3
Tesla is hanging by a thread. With collapse in resale market they are toast. LetMyPeopleVote Mar 19 #4
Elon Musk, Genius. tanyev Mar 19 #5
Okay, thanks...I needed a laugh. sheshe2 Mar 19 #15
Let's see... sheshe2 Mar 19 #6
No wonder he and TSF get along so well. Both are big time losers Deuxcents Mar 19 #12
Truth. sheshe2 Mar 19 #13
Elon Musk & Tesla: When the Hype Fades, Reality Hits Hard 🚀📉 fixnvibe Mar 19 #7
Yesterday I saw a CyberTruck for the first time, in person. And DA-yum! B.See Mar 19 #16
Spacex is next............... Lovie777 Mar 19 #9
and StarLink as well RainCaster Mar 19 #17
It is overpriced garbage dalton99a Mar 19 #10
Teslas are poorly made LetMyPeopleVote Mar 19 #14
Problem Is... ProfessorGAC Mar 19 #11
People don't want to drive MAGAmobiles LetMyPeopleVote Mar 20 #18
Four reasons why Tesla stock is crashing LetMyPeopleVote Mar 20 #19
Still overpriced by a factor of 10 edhopper Mar 20 #20
Insurance will not insure some Yeslas LetMyPeopleVote Mar 21 #21

Deuxcents

(22,605 posts)
2. I have purposely looked for another parking space if one is vacant next to a Tesla. They seem to combust easily
Wed Mar 19, 2025, 04:00 PM
Mar 19

jeffreyi

(2,371 posts)
8. Any vehicle parked next to a swasticar
Wed Mar 19, 2025, 04:31 PM
Mar 19

Would definitely need decontamination for cooties.
Plus, the innocent car might get hit with droplets of rattlecan overspray. Or mysterious holes.

sheshe2

(92,361 posts)
6. Let's see...
Wed Mar 19, 2025, 04:22 PM
Mar 19

His spaceships crash.
He crashed Twitter.
Now he crashed Tesla.

Boom! A three-fer!

fixnvibe

(1 post)
7. Elon Musk & Tesla: When the Hype Fades, Reality Hits Hard 🚀📉
Wed Mar 19, 2025, 04:22 PM
Mar 19

Musk tied Tesla’s fate to his personal brand, and now both are in free fall. 🚀📉 Investors betting on his invincibility might want to reconsider—gravity always wins. #Tesla #ElonMusk

B.See

(5,597 posts)
16. Yesterday I saw a CyberTruck for the first time, in person. And DA-yum!
Wed Mar 19, 2025, 06:00 PM
Mar 19

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)
9. Spacex is next...............
Wed Mar 19, 2025, 04:32 PM
Mar 19

that's why he's into USA federal government to destroy next, but at least he's rich.

ProfessorGAC

(73,092 posts)
11. Problem Is...
Wed Mar 19, 2025, 04:36 PM
Mar 19

...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)
19. Four reasons why Tesla stock is crashing
Thu Mar 20, 2025, 08:41 PM
Mar 20


4 reasons for Tesla Crash:

1) BYD's new battery tech

2) Wall Street scaling back forecasts

3) Slowing vehicle sales worldwide

4) A distracted CEO

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