Summary
Elon Musk’s fortunes have plummeted by $148 billion amid Tesla stock plunging nearly 50%, government protests, and setbacks at SpaceX and Starlink.
A White House event with Trump, meant to boost Tesla, instead highlighted Musk’s growing desperation.
Musk’s other ventures are also struggling—SpaceX rockets have exploded during tests and Starlink lost a Canadian contract.
His role leading DOGE is generating backlash, with Musk appearing increasingly defeated in public appearances.
His reputation, which previously weathered controversies, now faces unprecedented challenges due to his political alliance with Trump.
It’s almost like the whole planet is bullying xelon. He seems so sad, he’s losing so much. So many negative memes & comments. Stories about how corrupt he is and how unsafe all his businesses are. I’ll bet he’s teetering on the edge of a MASSIVE mental meltdown. So, citizens of Earth, keep bullying elon!
all he had to do was shut up online.
That’s how I feel about trump. All he had to do was keep committing fraud and crimes quietly. Instead he decided to make us all aware of what a colossal fuck up he is. Xelon is like his twin. May they both hang as US traitors.
two billionaires, unfathomably rich individuals, in the last ten years that having a good public image was overrated, but decided they’d rather use their platform to hurt people, and alienate anyone who liked them, but wasn’t a raging bigot. is the allure of being mean to people on twitter.com that great?
if Musk had shut up just 5 years ago, he’d probably have more money, more respect, but somewhat less power. instead he’s become the guy a lot of people are excited to see have a total breakdown, and hopefully lose everything.
when the gigafactories stop producing.
That’s the name of the documentary of xelons fall from riches.
You think he’ll pull a Hitler at some point?
If he was bankrupt and on the street that still would not be enough for me at this point.
If he keeps losing money he’ll eventually hit the illegal immigrant zone and get taken go Gitmo.
I would hand him a bottle of pee if I saw him homeless on the strret.
Nobody loses anything when stock prices go down unless they start selling at a loss. Tesla stocks are up 48% from a year ago. They’re only doing bad compared to 2 months ago when the price was at all time high.
I don’t think that’s relevant in this case because I don’t think elon has the capacity to understand that. He’s a man that pays to cheat in online gacha games for clout; he is not emotionally built to handle seeing number get smaller and reacting rationally to that
Whether Elon understands this or not is irrelevant. The stock market’s mechanics don’t change based on his emotional reactions - paper losses aren’t actual until realized through selling. Your assumptions about Elon’s mental capacity are speculative and don’t affect basic facts: Tesla stock remains up 48% over last year. If you dislike Elon, that’s fair enough, but at least understand the basics before making claims about his comprehension.
So you’re telling me that stock markets don’t respond to investor sentiment, they respond to “basic facts”? Am I being trolled right now?
Nope, that’s not what I said. You’re building a strawman and moving the goal posts now. We’re talking about a single individual that you claim can’t emotionally handle seeing their stock value going down.
Shhhh. Lemmy doesn’t want to hear truth. Neither they want to hear that Musk actually doesn’t own tesla, only 12.8% of it. He still has billions of his own money and is set for life.
Unless he got Luigi-ed, he has nothing to worry about.
Considering their products’ build quality and service plans, I’d still short the ever-loving shit out of TSLA if I was wealthy enough to be able to qualify to take out short positions.
I’ve been wondering about this… Billionaires do the “borrow against their holdings so they pay no taxes, do it again to pay those off, then die” thing
So his holdings doubled and crashed back down (and still falling) over the course of a few months. He leveraged a ton of it to buy Twitter, which has also crashed.
So is there a point where he loses everything? If Tesla drops too low, can they call in the debt?
He doesn’t seem to own much property directly, even his mini home is basically a publicity stunt while he basically lives with various friends
So if his stocks continue to crash, is there a point where it all just falls apart?
The sad part is, even if his empire disappears, he’s still gonna leave wealthier than most of us.
No, he’d be killed. He’s made too many enemies… Both in his peers for revealing himself to be a liability, and among the working class worldwide
If he falls out of grace, he’s going down like Epstein, if not by the adjuster
the adjuster
Does this adjuster guy share the name with a famous Nintendo character?
Nope. Luigi is clearly innocent
And turning off the sarcasm for a moment… They found a manifesto and a murder weapon at McDonald’s on a guy who dropped a backpack full of Monopoly money in central park? Then got away? He doesn’t even look that similar to the security cam videos… It’s too convenient, I have legitimate doubt
Yes. Me too. I think they planted the gun to a random guy just to make rich people happy that the police is efficient in finding the culprit.
Lovely imagery, but I think words get in the way of the magnitude of the wealth here.
There’s (unfortunately) not a realistic scenario where he’s not a billionaire.
You want me to paint a picture? I’m watching a god bleed, and now I’m wondering what it takes for one to fall
You can say it’s impossible, but we’re in the onion timeline. We’re so far beyond anything humanity has ever gone through before… History might rhyme, but we’re in uncharted territory
Nah this is charted out somewhat well. There have been many untouchable folks with so much wealth, power, and influence so as to be almost divine in folks eyes. While plenty have lived into old age plenty still died choking on their own blood with a noose around their neck. I’m hoping for the latter personally.
You act like we’re saying different things…
But history rhymes, it doesn’t repeat. We’re in uncharted territory… The final outcome will probably rhyme, but there’s endless differences from anything humanity has ever experienced before
What it takes for gods to fall? I’d say a titanic effort, but we know how that ended. Perhaps apropos.
Gods die when mortals no longer worship them.
It just means he’ll continue to double down on his current activities. Like a cornered rat, he has nothing to lose now. So he will break every law possible to maintain.
Which is not good.
How to lose $148 billion in less than two months
Step 1. Have $148 billion or more
…Shit, this guide is useless.
First it was Twitter, and now this. Boy, Elon sure knows how to make himself look like a “genius.”
Trump bankrupts everything he touches, including people
Maybe he’ll wake up with a conscience one day and start an epic redemption arc and… Eh, who am I kidding
That’s it, elon. You’re outlived your usefulness
I hate when this happens /s
lol what a loser.
I hope we get rid of rim soon, one way or the other.
148.2 billion. He gave 200 million to Trump!
so far like a few months bubble bursted on tsla stock, and thats not the first time.
Here’s hoping that Musk is someday forced to live on social security. Or dead. Either outcome would be fine by me.
Well, we’ll all be dead someday.
