Typical market manipulation move. He’ll probably announce something regarding bitcoin and the federal reserve today to artificially bump that up too.
Typical market manipulation move. He’ll probably announce something regarding bitcoin and the federal reserve today to artificially bump that up too.
This isn’t even market manipulation. It’s one sale. That makes functionally zero difference to Musk’s bottom line.
In fact, if you’re dumping Tesla stock because the brand image has been utterly destroyed by Musk’s actions, this is just more reason to sell. Trump openly associating himself with the car is just making that problem worse.
The only good outcome for Musk here is if Trump’s cult all decide to follow suit, and that ends up being a win for the rest of us anyway since now all the “Fuck the environment” guys are suddenly driving electric cars.
That’s the manipulation
Yeah I really highly doubt any MAGAts out there are going to pony up to buy an electric car. LoL, Musk torched the base of people who were buying his dumb cars and now he’s paying for it.
The all-too-slow decline of TSLA stock value is a daily source of joy for me.
P.S. I’m also going to have a glass of wine in celebration when Bill Gates cashes in his short.
I cannot do so much as a quick trip to the grocery store without seeing at least one cybertrash driving around. I would wager MAGAts are the only people buying Teslas right now.