Most of the market is down, outside of energy and defense sectors. Tech and tech related things have taken a massive hit. Tesla was massively overvalued on future sales. Given we going to a recession predicted as hard landing, its within reason this stock drops and more than Toyota, honda etc
But sure, Tesla is suffering because elon is too focused on Twitter.
feels more to me like corporate news media and progressive allies have a fight with elon. they wanted him to close the Twitter deal, then they were upset elon got rid of the woke crowd running the company. now now i keep hearing Twitter is about to collapse and Tesla is collapsing, all because of elon.
i don’t buy this narrative. Nope. and from the corporate news media reports, i had a fairly negative perception of this guy until i saw his interviews and on some podcasts. he’s brash but ultimately he threatens publishing industry with what he might do at Twitter. corporate media fears him and almost has a 24/7 section devoted to him and his companies, just to get ahead in case he knives them like trump did.