Tesla stock010 Archivesplummeting.
Elon Musk's EV car company had its worst day on the stock market since September 2020. All of Tesla's post-election gains on the market have been completely wiped out.
Musk broke his silence after the markets closed on Monday.
This Tweet is currently unavailable. It might be loading or has been removed.
"It will be fine long-term," he saidin a reply to a user referencing the biggest single-day drops in Tesla stock history.
While Musk attempts to calm investors, it's clear that Tesla may very well be in trouble.
Tesla is currently facing a large boycott campaign over Musk's ties to President Donald Trump and the far-right. Musk's advocacy for Trump may have been good for his companies in the short term right after the election, but it appears Trump's presidency has been unpopular so far – at least with Tesla's potential consumer base.
Musk directly getting involved as a special government employee with the Trump administration's DOGE has put the Tesla CEO directly involved with dismantling government agencies and programs that many people in the U.S. and around the world depend on.
As a result of all of this, Tesla's sales have been droppingglobally, with dramatic decreases in Tesla purchases as high as 76 percent in some countries like Germany. Tesla owners have been reportedly sellingtheir vehicles to avoid being mistaken as a supporter of Musk's politics.
Protests have been popping uparound the world at Tesla's showrooms. The situation has been escalating to the point where people are vandalizingTesla vehicles and charging stations to show their disapproval of Musk.
President Trump is now stepping in to defend Musk and Tesla directly.
On Monday night, Trump declared that activists were trying to "illegally and collusively boycott Tesla," which Trump called Musk's "baby."
"I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American," Trump said.
Mashable notes that as of Tuesday morning Trump has offered up no evidence that he followed through with his pledge to buy a Tesla vehicle.
As for Musk, he's spent the day personally thankinghis fans, such as conspiracy theorist Alex Jones, for voicingtheir supportfor Tesla on his social media platform X.
"I FULLY, 1000 PERCENT SUPPORT DOGE AND I AM BUYING MORE TESLA STOCK!!" postedcomedian Rob Schneider.
Musk replied to Schneider with a heart emoji.
This Tweet is currently unavailable. It might be loading or has been removed.
Topics Electric Vehicles Tesla Donald Trump Elon Musk Politics
Dyson V8 Plus cordless vacuum: $120 off at Amazon
Schools across the UK are introducing gender neutral uniforms
Schools across the UK are introducing gender neutral uniforms
Australian music festival criticised for including only one woman in lineup
NYT Connections Sports Edition hints and answers for May 18: Tips to solve Connections #237
Netfiix has new Profile Icons that pull from original programming
Walk, bike, take a train, call a car
'Rick and Morty' co
NYT Strands hints, answers for May 5
How to see Friday's 1 hour, 42 minute total lunar eclipse
Best Garmin deal: Save over $100 on Garmin Forerunner 955
Muslim American man shares both blood and patriotism in wake of Orlando attack
Facebook's top security exec urges company to collect less user data
Mueller is reportedly investigating Trump's tweets
Bargaining For the Common Good
Samsung has an unbreakable smartphone screen, or so it claims
Allegedly adorable surveillance bot Kuri to be discontinued
Facebook launches Watch Party, a new way to stream videos with friends
Keeping Hope Alive
Mueller is reportedly investigating Trump's tweets
CES 2023: Garmin's LTE dash camera is always onTCL's RayNeo X2 will translate conversations right before your eyesCES 2023: Samsung previews a new TV mode for people with low vision20 AirPod memes that continue to be extremely relatableTrump and John Bolton have an 'I fired you/no I quit' Twitter fightCES 2023: Ring drops pre'Quordle' today: See each 'Quordle' answer and hints for January 5CES 2023: The future of Metaverse and VR depends on these glassesThis powerful cyclone and atmospheric river is about to hit CaliforniaSony's first accessible PlayStation controller is coming'M3GAN' ending explainer: How that final shot sets up a sequelThe coolest and weirdest gaming announcements from CES 2023Don't panic, but the country is running out of White ClawKobe Bryant dunks on the children he coached because they made fourth placeOnePlus 11 launches in China, 1 month ahead of global releaseCDC advises people to not use eNew York governor bans the sale of flavored eBoris Johnson told 'please leave my town' by polite but brutally honest manThe Chicago Bulls' logo is NSFW if you flip it upside downCES 2023: LG M3 is a port The Empty Nostalgia of ‘The Sound of Music’ Merritt Tierce on the Defunct Language of Nautical Flags Sending Springer Home: What It Took to Save an Orphaned Orca You Think You’re Special How Champagne Became Synonymous with Luxury Norman Rush on Guy Davenport’s Elusive Prose The Value of “Witness Art” Under You La Mode Retrouvée: Looking for Proust’s Muse in Paris Sam Lipsyte on Mary Robison’s “Likely Lake” Emile Zola Had Some Strange Complaints About London How to Run Android Apps in Google Chrome Does Ryzen Perform Better with AMD GPUs? The Fiestas Are Over: Beatrice Mandelman’s Sixties Collages Monsters for Grownups: Learning About Our Reptilian Overlords The Origins of the Tomboy in White Supremacy Staff Picks: Our Favorite Reads of 2016 Radical Flâneuserie: Reimagining the Aimlessly Wandering Woman From the Archive: Poems by Osip Mandelstam Staff Picks: Nicole Brossard, Brad Phillips, Plutarch, “Tower of Babble” Saint of Saints: Barry the Saint Bernard’s Heroic Life
2.2316s , 8223.921875 kb
Copyright © 2025 Powered by 【2010 Archives】,Steady Information Network