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

submitted 5 days ago* (last edited 5 days ago) by [email protected] to c/[email protected]

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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.

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[–] [email protected] 9 points 4 days ago

spot on, i never liked him but for a good while there the only things i'd seen made me go "well he seems like the least bad rich asshole"

imagine firing the PR team that pulled of a herculean feat like that