Tesla shares have declined every week since Elon Musk went to Washington

https://www.cnbc.com/2025/03/07/tesla-shares-declined-every-week-since-elon-musk-went-to-washington.html

42 comments
  1. Hopefully this negatively affects SpaceX, which is a private company. Potentially Musk is leveraged based on the prior value of his Tesla shares? Perhaps why he’s been so desperate to conduct these test launches despite the rockets blowing up?

  2. How much longer before Tesla’s institutional shareholders (I.e. not the cranks who buy shares on retail) sue the board of directors for breach of fiduciary duty. Because Musk has already been a net negative for the company, and it’s gotten *way* worse in the past four or five months.

  3. how the heck is the price target $380? I know, it’s an analyst and they never say “sell”, but realistically, if you are long in this stock, I’d love to be on the other side of your trade. They are bleeding sales, down 11% and accelerating here in the states. Europe is down 50%. They have manufacturing issues and if tariffs go through, supply chain issues and increased costs. Competition is way up; both BMW and Mercedes now have a full range of EVs.

    It’s P/E ratio is still >120: that is 4X more than the S&P as a whole. Either Tesla is going to rapidly take over some market and make insane profits, or they are wildly overvalued. I know some are betting on driverless tech but everything I’ve heard says Waymo is superior tech.

  4. Maybe he should concentrate on his failing businesses instead of acting like an idiot in public, saluting, opening his big mouth, paying people to play Diablo IV for him, and destroying the government and economy.

    When the most recent Space X ship blew up over the Caribbean… i had a huge laugh… until i remembered it’s a symbol for whats coming for our country.

    His callous and rampant mismanagement of our country will make that ship explosion seem like those small poppers used as fireworks.

  5. Would love to see it drop to zero, cars sitting on lots in record numbers, people not buying them. This is Elon’s fault, no one to blame but him.

  6. Eh, we’ll have to wait and see how it fairs at the end of the fiscal year after the new Model Y releases and all that. The share prices may have declined but they were heavily inflated anyways. They’re basically back to around where they were before the election, so I don’t think shareholders and the board will start panicking until stocks fall even lower than that.

    What I find hilarious is this mention in the article:

    >The Tesla bulls see the potential for the company to soon launch affordable new model EVs, a robotaxi and driverless ridehail service, and to deliver humanoid robots capable of factory work in the not-too-distant future.

    So what’s the plan here? Trump places ridiculous blanket tariffs on everyone to move manufacturing and factory work back to the US only for Tesla to start automating said manufacturing with their humanoid robots? We enter a recession/depression and we can’t even enjoy the benefits of a labor-focused economy because labor is becoming increasingly automated away?

    It’s almost comical just how obtusely sinister this is.

  7. That’s probably why he thinks remote workers aren’t productive, because he sure is shitty.

  8. So. In 4-5 years will be in negetive and tesla will be paying us to own it’s shares. (I don’t own any tesla)

  9. I think people are missing the obvious. Why make a few billion selling cars when you could make a few trillion rigging elections and destroying governments? Why do you think there is this push for Ukraine to have a new election? Because the election, any election, can be controlled and steered in the direction he wants. He doesn’t give a shit about Tesla.

  10. Yay! Tiny wins. Fuck, right now I’ll take the little positives.

  11. >Tesla shares finished the week down more than 10% and at their lowest level since Nov. 5, Election Day, when they closed at $251.44. Since the stock peaked at almost $480 on Dec. 17, Tesla has lost well over $800 billion in market cap.

    Talk about artificial inflation, holy shit. The stock still isn’t down to where it was on election day though, but nothing is stopping the drop as of yet!

    >The Goldman analysts noted that Tesla faces, “a tough competitive environment for FSD” in China, where key competitors “do not generally require a separate software purchase for smart driving features.” FSD, or Full Self-Driving (Supervised), is Tesla’s partially automated driving system, which the company sells as a premium option in the U.S.

    As this shit should be in the US, but got to upsell every single thing possible. Supposedly the Chinese Tesla competitor sells higher quality EV’s for cheaper than Tesla lol.

  12. He should really be sitting in his office daily to get work done and not being a lazy pos who galavants around all day shirking his duties.

  13. He doesn’t need Tesla when he can steal money and get billions in grants.

  14. I wonder if Bill gates is still shorting Tesla? Musk was pretty pissed at him for a while about it.

  15. Awwww what a shame. Couldn’t happen to a better nutzee.

  16. It’s almost as if being CEO should be a full time job that wouldn’t leave room for constant social media snark and dismantling democracy.

  17. That’s because it’s headed by an absentee CEO who is using his absent time to actively do negative PR.

  18. Until he’s bankrupt, citizenship revoked, and in prison…

    Not good enough.

  19. At this moment in time if you choose to buy a Tesla then you are making a political statement whether you want to or not.

  20. This mothefucker needs to be investigated and locked up! Lock him up! Lock him up!

  21. The board of directorships needs to act – they have a fiduciary responsibility to maintain value to the shareholder. Musk is reported as owning only 12.8% of common stock.

  22. 5 full time jobs, it’s not surprising he’s not pulling his weight

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