General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsEverything is blowing up in Elon Musk's face
All it took was losing $100 billion in three months to make Elon Musk change his tune on government work.
ICYMI: The last 24 hours have brought a parade of humiliation for the worlds richest edgelord, starting with his $20 million losing bet on the pro-Trump candidate for the Wisconsin Supreme Court. Hours after the loss in Wisconsin, Tesla reported its biggest sales drop ever, falling 13% in the first quarter, while its No. 1 rival grew revenue by 60% in the same time period. Then came a Politico report quoting MAGA insiders who say that Musk has overstayed his welcome in Washington.
The White House on Wednesday called the Politico report garbage, and Musk dismissed it as fake news in social media post. But the administration confirmed that Musk is expected to wrap up his stint as Trumps hatchet man in late May or June, when his 130 days as a special government employee comes to an end. That was enough to reverse a 6% decline in Tesla shares a sign investors are optimistic that Musk will ditch the cheese-hat shenanigans and focus on his companys rapidly shrinking market share (and maybe, possibly, deliver on his long-delayed promises to revolutionize autonomous driving.)
In short: Voters, customers, investors and the MAGA elite say the Elon Musk show has lost the plot.
https://www.msn.com/en-us/money/companies/everything-is-blowing-up-in-elon-musk-s-face/ar-AA1CdcUB

hlthe2b
(108,955 posts)It sure as hell doesn't look like human skin to me. Maybe he should lay off all the resurfacing, botox, and fillers. It is just creepy now.
Hekate
(97,011 posts)
ToxMarz
(2,319 posts)ProfessorGAC
(72,173 posts)Lindell was never all that rich. Maybe $25 million, but with personally backed loans of $10-12 million.
That's pocket change to Musk, even with the decline in TSLA value.
question everything
(49,951 posts)cyclonefence
(5,038 posts)people will start buying his cars again? Americans are notorious for our short memories, but Jeebus I hope Tesla sales continue to plummet. The guy has done irreparable damage to working people, people dependent on SS, children relying on food programs--he deserves to see some real consequences of his cruelty.
eppur_se_muova
(38,706 posts)Tesla's models are falling behind while other brands are pushing innovation, and the Tesla 'brand' has been irreparably damaged -- not just by Musk's mindless political mayhem, but by the failure of the projects (Cybertruck and self-driving cars, where he made some really stupid decisions) which he has so strongly associated himself with. Even if the board can somehow dump Musk, they may not be able to continue for many more years without a merger or buyout.
At the very least, expect them to change their name if Muck can be jettisoned.
Rebl2
(16,023 posts)I would hope not
ToxMarz
(2,319 posts)Almost as many in China as America, followed by Austrailia then Germany and UK. Their memories are likely better. Their anger likely permanent (I hope).
I think he's toast.
BYD sells more electric cars in China than Tesla.
BadgerMom
(3,175 posts)Its a great car. The Ioniq thats due in May is expected to have a 400-mile range. In the before days, we thought wed buy a Tesla this spring. Not a chance now. Our friends are turning their Teslas in. The fall of the Tesla brand will be a business school case study.
Blue Owl
(55,796 posts)

Traildogbob
(10,868 posts)Brad Pitt carves Swastikas into the Natzeeeee foreheads so they can not just go hide among us. (Inglorious Basterds)
Musk has ample forehead.
Demovictory9
(35,069 posts)Tom Rinaldo
(23,082 posts)People who won't buy a Tesla today aren't going to suddenly say, "Oh, Musk is no longer is running DOGE, I think i should buy a Tesla now."
Tesla is now a symbol for Musk. and Musk is now a symbol for the Neo-fascists and arrogant billionaires who are destroying our nation and robbing the middle and working classes blind. It will take years and totally new management before Tesla has any chance of somehow crawling out from under Trump and Musk.
Rebl2
(16,023 posts)take anymore of this winning. Musk needs to be gone yesterday 🤬
Ollie Garkie
(274 posts)He will work quietly in the shadows if anything.
He'll kill millions if he has to to recoup his investment of a quarter of a bill in pocket change to the orange demagogues campaign. This Oligarchs will never be stopped at this point.
paleotn
(20,205 posts)The brand is destroyed. The big boys are sucking up all the market share. And for the rest of his ventures, without government contracts there's no revenue. Here's hoping he eventually ends up rummaging through in dumpsters and sleeping in the gutter. No horror that befalls that piece of shit would ever satisfy me. He deserves vastly worse.
BadgerMom
(3,175 posts)Ya think?
Cha
(309,237 posts)TY
Bluethroughu
(7,090 posts)louis-t
(24,136 posts)"saving the world".
BattleRow
(1,550 posts)JohnnyRingo
(19,792 posts)He's killing me as well
dchill
(41,811 posts)misanthrope
(8,620 posts)**
Shermann
(8,894 posts)OAITW r.2.0
(29,799 posts)But the federal government is bailing him out with Defense contracts.