Musk faces setbacks amid Tesla selloff and Doge backlash

[C_Clayton_Jones]

‘Elon Musk began the week of 10 March with a friendly sit-down interview on Fox Business to talk about his work with the so-called “department of government efficiency” (Doge) and the state of his businesses. Already, it had been a trying few days for the world’s richest man, who was facing a Tesla stock selloff and fierce backlash over his attempts to radically overhaul the federal government. His net worth declined over $22bn on Monday alone ...

The past 10 days have marked several of the most significant setbacks for Musk in months. Tesla, arguably his marquee company, continued to fall in value as investors worried about the threat of trade war and possible recession – as well as declining profits. Escalating protests against the company over the billionaire’s role in the government also grew in number and intensity across the US, coupled with rising cases of vandalism and social stigma against his cars. SpaceX has also struggled, with one of its rockets dramatically exploding in midflight last week and then an announcement on Wednesday that it was delaying a rescue mission to retrieve “stranded” astronauts.’

Elon Musk faces week of harsh setbacks amid Tesla selloff and Doge backlash

After a SpaceX rocket exploded, investors offloaded Tesla shares and Doge hit legal roadblocks, the world’s richest man saw his fortune sink by $100bn

www.theguardian.com

Musk is among the more reprehensible and obscene manifestations of the second Trump regime – an unelected robber baron in a make-believe ‘department’ engaged in a reckless, irresponsible, and unwarranted attack on lawful governance.

 

[JohnDB]

Trump, Vance, Tulsi, Kash, RFK, and Musk are all Captains of a hostile ship with a hostile crew.
Same as last time.

 

[okfine]

‘Elon Musk began the week of 10 March with a friendly sit-down interview on Fox Business to talk about his work with the so-called “department of government efficiency” (Doge) and the state of his businesses. Already, it had been a trying few days for the world’s richest man, who was facing a Tesla stock selloff and fierce backlash over his attempts to radically overhaul the federal government. His net worth declined over $22bn on Monday alone ...

The past 10 days have marked several of the most significant setbacks for Musk in months. Tesla, arguably his marquee company, continued to fall in value as investors worried about the threat of trade war and possible recession – as well as declining profits. Escalating protests against the company over the billionaire’s role in the government also grew in number and intensity across the US, coupled with rising cases of vandalism and social stigma against his cars. SpaceX has also struggled, with one of its rockets dramatically exploding in midflight last week and then an announcement on Wednesday that it was delaying a rescue mission to retrieve “stranded” astronauts.’

Elon Musk faces week of harsh setbacks amid Tesla selloff and Doge backlash

After a SpaceX rocket exploded, investors offloaded Tesla shares and Doge hit legal roadblocks, the world’s richest man saw his fortune sink by $100bn

www.theguardian.com

Musk is among the more reprehensible and obscene manifestations of the second Trump regime – an unelected robber baron in a make-believe ‘department’ engaged in a reckless, irresponsible, and unwarranted attack on lawful governance.

I give DODGY DOGE another 5 to 6 weeks, tops, before Donnie the dooshbag pulls the rug out from under the Muskrat.

 

[Doc7505]

‘Elon Musk began the week of 10 March with a friendly sit-down interview on Fox Business to talk about his work with the so-called “department of government efficiency” (Doge) and the state of his businesses. Already, it had been a trying few days for the world’s richest man, who was facing a Tesla stock selloff and fierce backlash over his attempts to radically overhaul the federal government. His net worth declined over $22bn on Monday alone ...

The past 10 days have marked several of the most significant setbacks for Musk in months. Tesla, arguably his marquee company, continued to fall in value as investors worried about the threat of trade war and possible recession – as well as declining profits. Escalating protests against the company over the billionaire’s role in the government also grew in number and intensity across the US, coupled with rising cases of vandalism and social stigma against his cars. SpaceX has also struggled, with one of its rockets dramatically exploding in midflight last week and then an announcement on Wednesday that it was delaying a rescue mission to retrieve “stranded” astronauts.’

Elon Musk faces week of harsh setbacks amid Tesla selloff and Doge backlash

After a SpaceX rocket exploded, investors offloaded Tesla shares and Doge hit legal roadblocks, the world’s richest man saw his fortune sink by $100bn

www.theguardian.com

Musk is among the more reprehensible and obscene manifestations of the second Trump regime – an unelected robber baron in a make-believe ‘department’ engaged in a reckless, irresponsible, and unwarranted attack on lawful governance.

~~~~~~
Meanwhile Musk was capable of sending SpaceX to rescue two stranded astronauts NASA,Boeing and Biden could not and were unable to return to earth.
You can bad mouth Elon Musk because he's helping America back on it's feet despite you and your fellow traveler Neo-Marxist Democrats fears. Musk is genuinely a patriot unlike the so-called Democrat Elitists.

 

[okfine]

Trump, Vance, Tulsi, Kash, RFK, and Musk are all Captains of a hostile ship with a hostile crew.
Same as last time.

Rumor is the admin is withholding intelligence from the guy right now. Why is that?

 

[okfine]

~~~~~~
Meanwhile Musk was capable of sending SpaceX to rescue two stranded astronauts NASA,Boeing and Biden could not and were unable to return to earth.
You can bad mouth Elon Musk because he's helping America back on it's feet despite you and your fellow traveler Neo-Marxist Democrats fears. Musk is genuinely a patriot unlike the so-called Democrat Elitists.

That was a NASA decision not to return with humans on board. Spin that.

 

[Kruska]

‘Elon Musk began the week of 10 March with a friendly sit-down interview on Fox Business to talk about his work with the so-called “department of government efficiency” (Doge) and the state of his businesses. Already, it had been a trying few days for the world’s richest man, who was facing a Tesla stock selloff and fierce backlash over his attempts to radically overhaul the federal government. His net worth declined over $22bn on Monday alone ...

Those people do not think nor react on a rational basis that "normal" people would expect or have been taught.

Some 10 years ago I strongly advised a company (revenue US$ 5.4 Billion) (badly managed IMO) - (personal acquired fortune US$ 1,2 billion) not to invest an initial US$ 45 million into a "hopeless" business investment in China. The two owners basically agreed that the investment might not be promising, but decided to carry on.

The explanation given was; you see Mr. ..... , my cousin and me loose around US$ 70 million per year onto our "fortune" simply due to inflation every year - so even if we do not invest we would lose it anyway, therefore we will invest since the investment might still pay off.

BTW - as off today that companies annual revenue is US$ 2,1 billion - (personal acquired fortune around US$ 500 million) aka they are no more amongst the 100 richest families in Germany. And they lost around US$ 95 million in China.

Now how much you wanna bet, that their "thinking and rational" towards investment strategy" has supposedly changed

 

[toobfreak]

Musk faces setbacks amid Tesla selloff and Doge backlash​

The Left is again practicing fascist totalitarianism. The good news: the Left can no longer brag about booming EV sales. But whoever thought they'd be the one's to kill it. Trump has tricked them again.

with the so-called “department of government efficiency”

DOGE must really be succeeding now for lefticrats to now question its name.

The past 10 days have marked several of the most significant setbacks for Musk in months. Tesla, arguably his marquee company, continued to fall in value as investors worried about the threat of trade war and possible recession

Meaning that by summer, investment in Tesla will be booming bigger than ever.

Musk is among the more reprehensible and obscene manifestations of the second Trump regime

High accolades by the Left that Trump and Musk are really succeeding--- the Left hate them.

– an unelected robber baron in a make-believe ‘department’ engaged in a reckless, irresponsible, and unwarranted attack on lawful governance.

TRANSLATION: Trump is kicking royal leftist arse. Let the ass-kickings continue.

 

[elektra]

Musk. Tesla was the only electric car manufacturer now there are 10 different manufacturers of electric cars.

Musk certainly knew Tesla sales would drop

SpaceX, an experimental rocket did blow up. Chalk that up to research and development

SpaceX did successfully fly astronauts to the spacestation this week.

As far as coming back to earth, that is next week.

 

[White 6]

The Left is again practicing fascist totalitarianism. The good news: the Left can no longer brag about booming EV sales. But whoever thought they'd be the one's to kill it. Trump has tricked them again.


DOGE must really be succeeding now for lefticrats to now question its name.


Meaning that by summer, investment in Tesla will be booming bigger than ever.


High accolades by the Left that Trump and Musk are really succeeding--- the Left hate them.


TRANSLATION: Trump is kicking royal leftist arse. Let the ass-kickings continue.

Would you buy a Tesla from these conmen? Not me!

Many customer are rebranding their own cars, that they can't get rid of, ashamed to have been taken in, by Musk and wanting to distance themselves from the South African asshole.

Tesla Model 3 disguised as an Audi A5

 

[1srelluc]

Jeez.....Smells like meth and rabies up in this thread.

Yep, you can tell Musk has the leftists by the short and curlies.

 

[White 6]

Jeez.....Smells like meth and rabies up in this thread.

Yep, you can tell Musk has the leftists by the short and curlies.

Funny. I figured it was the left that were his target market, at least before he started mass layoffs, on his own authority, inside departments he didn't run. Even the lefties know he doesn't run all those departments and that they don't report to him, most of them, departments set up through congress, in law. I don't think they wanted him an unelected king, just because he can't run for president, being a South African Naturalized US Citizen.

 

[toobfreak]

Musk. Tesla was the only electric car manufacturer now there are 10 different manufacturers of electric cars.
Musk certainly knew Tesla sales would drop

Musk is just fine--- that is why the Left are talking about him, as if there WAS something wrong with him! It is all about pretend and make-believe with the Left. They pretend Musk is hurting as some result of them or Trump, they pretend Biden was a legitimate president, they pretend he was sharp as a pencil, they pretend boys are girls, they pretend Trump was just a slight miss on their part, that 2024 victory was just nearly missed, that all they need is just a tweak to their process to secure more elections, they pretend Trump and Musk are doing bad hoping to make themselves appear doing better, but time and again, year after year, Trump keeps proving them wrong.

A few billion up, a few billion down, that is nothing to a guy like Musk, just common market fluctuations. The suave entrepreneur isn't looking a few weeks or months down the road, not even 3-5 years, but is looking at the real picture, the greater scene of 25-50 or even 100 years ahead. That is the kind of man Musk is.

 

[toobfreak]

Would you buy a Tesla from these conmen? Not me!

Who cares. And why would I buy a car from Trump, anyway? He isn't selling one. He does not even drive, by his own admission.

Many customer are rebranding their own cars, that they can't get rid of, ashamed to have been taken in, by Musk and wanting to distance themselves from the South African asshole.

Again, who cares? And now after years of telling me how I HAD to buy an EV, it was all about saving the world, now you admit you can't even get rid of your used one? And you would endanger the planet--- ruin it, give up on climate change after all just because the owner of the company is trying to selflessly save the country giving up his time taking no salary? You're giving the big fat finger to the planet, to your grandchildren, just over some dude's POLITICS? Because you have such TDS? To spite him? You think a few cars will hurt Musk? You are willing to admit that in print? Are you really that shallow and petty?

wow

 

[elektra]

... and wanting to distance themselves from the South African asshole

Obama and the Democrat gave Musk billions to build Tesla.

We told you democrats are bad now you are suffering from your politics, you are suffering cause you voted democrat

 

[JohnDB]

Take a look at the crying....


Now this looks like "science". Smells like science....but it's propaganda pure and simple.

The Right's messaging has been fragmented and is like a locust swarm.....no big targets and a million of them. Each with some sort of small "minor" error in facts but reporting as if EVERYTHING they say is gospel truth. (Lots of anger farming)

The Left has had MSM and Hollywood for decades....they had a platform but it's been dumped wholesale by people seeking truth instead of pretty, packaged, sound byte lies.

 

[22lcidw]

That was a NASA decision not to return with humans on board. Spin that.

Is that what you believe? All of this Musk and DOGE is nothing. Progressive Socialist Communist shills activated to activate the Prog cult fools.

 

[1srelluc]

Funny. I figured it was the left that were his target market, at least before he started mass layoffs, on his own authority, inside departments he didn't run. Even the lefties know he doesn't run all those departments and that they don't report to him, most of them, departments set up through congress, in law. I don't think they wanted him an unelected king, just because he can't run for president, being a South African Naturalized US Citizen.

The left needs to remember:

“Things are Never So Bad That They Can’t Get Worse”

The left also has a very short memory:

During his time in office, U.S. President Bill Clinton oversaw the termination of 377,000 federal employees.

According to testimony from Elaine Karmarck, the director of Clinton's initiative, it eliminated 426,200 federal roles between January 1993 and September 2000.

Clinton initiative cut over 377K federal jobs in the 1990s. It's not comparable to Trump's effort

Social media posts claimed Donald Trump and Elon Musk had simply "learned from the master" in their attempts to cut government jobs.

www.snopes.com

Now that was a time when most fed employees were right-leaning.

So, it seems to me that the only thing different is the tactics used to get around the roadblocks a ever more left-leaning congress put in place since the Clinton Initiative to protect fed workers from being laid off/terminated.

 

[White 6]

Who cares. And why would I buy a car from Trump, anyway? He isn't selling one. He does not even drive, by his own admission.


Again, who cares? And now after years of telling me how I HAD to buy an EV, it was all about saving the world, now you admit you can't even get rid of your used one? And you would endanger the planet--- ruin it, give up on climate change after all just because the owner of the company is trying to selflessly save the country giving up his time taking no salary? You're giving the big fat finger to the planet, to your grandchildren, just over some dude's POLITICS? Because you have such TDS? To spite him? You think a few cars will hurt Musk? You are willing to admit that in print? Are you really that shallow and petty?

wow

I did not buy one. PJ and I, are a two internal combustion SUV family, and will remain that way, unless I trade for an internal combustion pickup. I have certainly never told you EVs would save the world. They certainly won't in 2025 and probably won't in 2050. But if they do, feel free to hold a seance and tell me about, as I will not be around to hear or read it directly. Yes, giving the big fat finger. Its your problem. You solve it. The few cars you speak of is 50% drop in Europe, 70% drop in Australia, 49% in China, and 35% in California, the largest US market alone. While Tesla stock shares have dropped 32% since the election, and as of last Monday, Musk's net worth has fallen by $32 Billion Dollar$ along with the Tesla and other Musk companies stocks. His bad fortune is Ford's good fortune, their sales of EVs increasing by 50%. I suspect he won't be pressed for food or housing, and certainly has enough cars sitting around. I doubt his lifestyle will be affected any time soon, if that make you feel better.

 

[White 6]

Obama and the Democrat gave Musk billions to build Tesla.

We told you democrats are bad now you are suffering from your politics, you are suffering cause you voted democrat

Not suffering at all. I bomb proofed our modest lifestyle past our possible expected lifetimes. So, you can find me beside the pool, soak up the sun, or kayaking whitewater or flatwater rivers or vacationing Mackinaw Island in Michigan, with a possible side trip to Canada, and hopefully planning next winter's ski trip, if I can find friends my age in Tennessee, still physically able to hit the slopes in Colorado. Never been into suffering, at the whim of politics, so opted out of the suffering part. Like my shirt says, I'M OFF DUTY, SAVE YOURSELF.