Economics

922 readers

79 users here now

founded 2 years ago

417

Tesla loses $68 billion in value after Elon Musk says he is launching a political party (www.cnbc.com)

submitted 1 month ago* (last edited 1 month ago) by babysandpiper@sopuli.xyz to c/economics@lemmy.world

56 comments fedilink hide all child comments

KEY POINTS

Elon Musk said he would form a new political party called the “America Party.”

Tesla shares fell Monday after Musk’s announcement.

Tesla shareholders have wanted Musk to stay away from politics, especially after his stint at the so-called Department of Government Efficiency, which many have said damaged the automaker’s brand.

you are viewing a single comment's thread
view the rest of the comments

[–] solsangraal@lemmy.zip 126 points 1 month ago (5 children)

wild that we used to think this fucking clown was cool

[–] ThePowerOfGeek@lemmy.world 92 points 1 month ago (1 children)

And smart.

But it turns out he basically steals the ideas of better people and takes all the credit. Truly a modern day Thomas Edison. But even worse.

[–] caseyweederman@lemmy.ca 22 points 1 month ago (1 children)

Worse, for many reasons, but also: stealing Tesla's actual name this time

[–] MotoAsh@lemmy.world 24 points 1 month ago (1 children)

No. Yet again, you are giving him too much credit. He did not start Tesla nor did he have ANY hand in any of the successful designs.

[–] DragonTypeWyvern@midwest.social 1 points 1 month ago

I'm pretty sure his PR teams were the ones behind the Tesla crush the Internet had though.

[–] iAmTheTot@sh.itjust.works 47 points 1 month ago (1 children)

"we"?

[–] real_squids@sopuli.xyz 9 points 1 month ago

Exactly, did anyone here think non-fictional billionaires could ever be cool? After developing critical thinking skills that is.

[–] nuko147@lemmy.world 22 points 1 month ago* (last edited 1 month ago)

I always hated him. Peak hate was when he sent a car in space, supported Trump and did the Nazi salutes.

[–] Hubi@feddit.org 8 points 1 month ago

My claim to fame is that I disliked the guy from the very first time I saw him.