Tesla, Elon Musk
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Anti-Musk protesters have called on Americans to sell or dump Tesla stock to "tank" its value.
From Newsweek
Protesters are targeting Tesla because they believe its CEO Elon Musk is using the wealth the company has brought him to fund political actions they view as a threat to democracy.
From NBC News
In the aftermath of Elon Musk’s MAGA embrace and his scorched-earth tactics running DOGE, Tesla has become a primary target for protests.
From The Atlantic
Read more on News Digest
Tesla CEO Elon Musk said over the weekend that his involvement in the Trump administration could be hurting the automaker's stock price.Speaking at a town hall event in Wisconsin, Musk said that backlash to his role with the so-called Department of Government Efficiency — which is pushing for widespread government job cuts — is creating backlash against his electric car company and hurting the stock.
Elon Musk is calling Tim Walz a " huge jerk " after the Minnesota governor poked fun at Tesla's drooping stock price amid ongoing vandalism at Tesla dealerships. Though given Musk's recent rhetoric, it might not be surprising others are taking swings at him in similar fashion.
Elon Musk may be forced to sell shares previously pledged to secure certain personal loans, should Tesla stock continue to decline. As pointed out by several online commentators, Musk is currently close to facing a margin call on the loans used to facilitate his 2022 purchase of Twitter.
On Sunday night, Walz attempted to broach a truce with Musk and promised not to mock Tesla stock drops any more, that is, if Musk did something in return. “ Elon, I’ll make you a deal. I’ll stop making fun of your stock when you take your hands off social security.”
Musk said Wisconsin's state Supreme Court election could "affect the entire destiny of humanity" as he held a town hall with voters in Green Bay.
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2hon MSN
Protesters against Elon Musk and Tesla spoke with Fox News Digital during a day of "action" against the billionaire about why they're opposed to his efforts with DOGE.
Tesla ( TSLA) stock fell as much as 6% Monday, leading Big Tech stocks downward amid investor concerns over President Trump's tariff policies and CEO Elon Musk's government role turning off potential buyers.
Some Democrats on Capitol Hill have invested in Tesla in recent weeks, even amid the anti-Musk furor.
My companies are suffering because I’m in the government. Do you think it helps sales if, you know, dealerships are being fire bombed? Of course, not.”