Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(121,368 posts)
Fri Apr 4, 2025, 04:11 PM Apr 4

Everything 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 world’s 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 Trump’s 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 company’s 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

33 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Everything is blowing up in Elon Musk's face (Original Post) Yo_Mama_Been_Loggin Apr 4 OP
You mean in his "stretched pigskin?" that covers his skull? hlthe2b Apr 4 #1
ETTD. May Musk go the way of the MyPillow guy, speedily & soon Hekate Apr 4 #2
They should mix and match their drugs and see what happens ToxMarz Apr 4 #16
At Least Musk Is Actually Uber Rich ProfessorGAC Apr 4 #23
With all due respect, I question Musk's wealth. First of all, nobody truly knows how allegorical oracle Apr 4 #31
That's Fair ProfessorGAC Apr 5 #32
Thus the loss to Tesla is reversible but the job losses are not question everything Apr 4 #3
Do you guys think that when Musk is out of the Trump White House cyclonefence Apr 4 #4
The vaunted Free Market may actually work in this case. eppur_se_muova Apr 4 #7
Hell No Rebl2 Apr 4 #10
Aside from America, he sells more Teslas outside America than in. ToxMarz Apr 4 #18
BYD AncientOfDays Apr 4 #22
We bought an electric Hyundai this past weekend. BadgerMom Apr 4 #19
I like this ending for a Nazi the most Blue Owl Apr 4 #5
Yes. paleotn Apr 4 #13
I like the way Traildogbob Apr 4 #28
He will always be loathed Demovictory9 Apr 4 #6
Tesla won't shed the Musk stench when he leaves DOGE Tom Rinaldo Apr 4 #8
Sounds about right. calimary Apr 4 #30
We can't Rebl2 Apr 4 #9
Hes not going anywhere. Ollie Garkie Apr 4 #11
He's not going to help Tesla out of this funk. The company is doomed. paleotn Apr 4 #12
Lost the plot. BadgerMom Apr 4 #14
Cheezhead on his Fishhead... What is Tesla's #1 Rival? Cha Apr 4 #15
Nazi trash. Bluethroughu Apr 4 #17
Time for him to go back to work lying about how he's louis-t Apr 4 #20
Well,a hatchet IS doubled edge,isn't it? BattleRow Apr 4 #21
Tesla shed another 10% today. JohnnyRingo Apr 4 #24
Still, that's nowhere near enough karma. dchill Apr 4 #25
I was hoping your statement was literal **nm misanthrope Apr 4 #26
It's all fun and games until someone loses $100 billion. nt Shermann Apr 4 #27
Tesla ain't never coming back. OAITW r.2.0 Apr 4 #29
Thanks to Wisconsin, this rich bastard is going down. Emile Apr 5 #33

hlthe2b

(109,066 posts)
1. You mean in his "stretched pigskin?" that covers his skull?
Fri Apr 4, 2025, 04:15 PM
Apr 4

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.

ProfessorGAC

(72,248 posts)
23. At Least Musk Is Actually Uber Rich
Fri Apr 4, 2025, 06:52 PM
Apr 4

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.

allegorical oracle

(4,558 posts)
31. With all due respect, I question Musk's wealth. First of all, nobody truly knows how
Fri Apr 4, 2025, 10:04 PM
Apr 4

leveraged he is. All we really have to go on is what he reports to sources. Secondly, only two outlets -- Forbes and Bloomberg -- keep some track of who is "THE wealthiest". Even Trump fooled them as his properties weren't actually worth what he said they were and his CFO went to prison for dishonesty.

Reporting sources don't know who has not reported their earnings. Even Musk has said that Putin is probably richer than he is. But nobody knows how wealthy Putin is. For that matter, there may be oligarchs in Russia who are more wealthy than Musk. They just don't report it.

Continue to contend that nobody knows who the "richest man in the world" is. And wish the media would cease labeling Musk as "the richest person," as though that is some decisive declaration of who is the smartest or wisest human in whom we should invest our trust.

Wealth has nothing to do with honesty or decency. It shouldn't be the measure of our worth.

ProfessorGAC

(72,248 posts)
32. That's Fair
Sat Apr 5, 2025, 06:00 AM
Apr 5

But, his holdings in TSLA is publicly available information. We also know how overvalued the stock is, so I can't envision enough leverage to overcome said overstated value.
We agree it's paper value, because he's the last person who can sell TSLA without causing a panic sell-off and talking the value. So, he's sitting on a mountain of wealth that generates minimal income.
We do know, however, what he put into PayPal & how much he had when he cashed out. And that was more money than Lindell ever dreamed of having

cyclonefence

(5,046 posts)
4. Do you guys think that when Musk is out of the Trump White House
Fri Apr 4, 2025, 04:34 PM
Apr 4

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

(38,807 posts)
7. The vaunted Free Market may actually work in this case.
Fri Apr 4, 2025, 04:42 PM
Apr 4

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.

ToxMarz

(2,342 posts)
18. Aside from America, he sells more Teslas outside America than in.
Fri Apr 4, 2025, 05:59 PM
Apr 4

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.

BadgerMom

(3,178 posts)
19. We bought an electric Hyundai this past weekend.
Fri Apr 4, 2025, 06:09 PM
Apr 4

It’s a great car. The Ioniq that’s due in May is expected to have a 400-mile range. In the before days, we thought we’d 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.

Traildogbob

(10,911 posts)
28. I like the way
Fri Apr 4, 2025, 07:23 PM
Apr 4

Brad Pitt carves Swastikas into the Natzeeeee foreheads so they can not just go hide among us. (Inglorious Basterds)
Musk has ample forehead.

Tom Rinaldo

(23,089 posts)
8. Tesla won't shed the Musk stench when he leaves DOGE
Fri Apr 4, 2025, 04:49 PM
Apr 4

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.

calimary

(85,815 posts)
30. Sounds about right.
Fri Apr 4, 2025, 09:31 PM
Apr 4

My husband was mildly interested in a Tesla - until Musk got into bed with the donald. Even if they “break up”, my husband is no longer interested, and I never was to begin with.

The Donald’s gonna cost you BIGTIME, Elon. Maybe everything.

Ollie Garkie

(282 posts)
11. Hes not going anywhere.
Fri Apr 4, 2025, 05:04 PM
Apr 4

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

(20,244 posts)
12. He's not going to help Tesla out of this funk. The company is doomed.
Fri Apr 4, 2025, 05:10 PM
Apr 4

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.

Latest Discussions»General Discussion»Everything is blowing up ...