Economics

908 readers

85 users here now

founded 2 years ago

434

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

submitted 1 week ago* (last edited 1 week ago) by [email protected] to c/[email protected]

61 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

[–] [email protected] 98 points 1 week 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.

[–] [email protected] 23 points 1 week ago (1 children)

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

[–] [email protected] 23 points 1 week 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.

[–] [email protected] 1 points 1 week ago

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