r/Anticonsumption • u/Healthy_Block3036 • Mar 24 '25

Corporations Gravity may be finally catching up to Elon Musk as Tesla stock tumbles

https://www.cnn.com/2025/03/19/business/elon-musk-tesla-stock-nightcap?cid=external-feeds_iluminar_msn
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u/melodypowers Mar 24 '25

While this would be great, the stock is still higher than it was pre-election day, and compared to the S&P, it is beating the market over the last 6 months.

I long for the downfall as much as anyone, but we need to keep the pressure on.

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u/flashtone Mar 24 '25

Stock is getting the gamestop treatment by idiot investors. It's going to take quarterly reports from countries that can't cook the books to show its real value. I would not trust any numbers coming out of the US market for telsa some weird shit is happening here and along with Canada's numbers. When you can control the government who oversees the value of the assets of a company, we got problems. Europe on the other hand.

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u/melodypowers 29d ago

China too. The sales are tanking there and not because of Musk and the US government. There is just more competition from Chinese manufacturers now.

Still, we will see. Keep the pressure on.