The Tesla takedown has begun. A national protest movement seeks to strike a blow to Elon Musk’s net worth

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[Legal News] America's Attorney General, head of the Department of Justice, declared: "If you're going to touch a Tesla, go to a dealership, do anything, you better watch out because we're coming after you."



 

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[Legal News] America's Attorney General, head of the Department of Justice, declared: "If you're going to touch a Tesla, go to a dealership, do anything, you better watch out because we're coming after you."




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The man then ignited an unidentified material stuffed into beer bottles and began to throw the bottles at the stations, police said. While doing so he caught the clothes on his back on fire, then ran from the parking lot, witnesses told police.

No arrests have been made, North Charleston Police spokesperson Harve Jacobs said Tuesday. The agency turned the investigation over to the federal Bureau of Alcohol, Tobacco, Firearms and Explosives.

that looked pretty serious :lupe:
 

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rawstory.com

'It's happening': MSNBC host makes case that 'Tesla is in deep trouble'​


Tom Boggioni

1–2 minutes



'It's happening': MSNBC host makes case that 'Tesla is in deep trouble'


Demonstrators hold anti-Tesla posters during a protest encouraging people to boycott Tesla in opposition to Tesla CEO Elon Musk's political involvement in the U.S. government, outside the Tesla Centre Park Royal in London, Britain, March 15, 2025. REUTERS/Chris J Ratcliffe

Noting the value of Tesla stock collapsing after investors bail on Elon Musk's automotive company, MSNBC host Joe Scarborough claimed it was inevitable and not just because of Musk's personal growing unpopularity.

With the stock in freefall, as sales collapse at a time when other EV products are seeing sales increases, Scarborough claimed it appears that Musk allied himself with Donald Trump because his businesses, much like Trump's have done in the past, are floundering.

On Wednesday's edition of "Morning Joe," the co-host amusingly used Kenny Rogers "The Gambler" to frame his narrative and tell the panel, "Listen to these facts, I wrote them down ... Tesla sales down in the U.S. right? Last year, well, electric vehicle sales up in China. Tesla sales down 49 percent, while EV sales for the rest of the country up 85 percent. In Germany, Tesla sales down 76 percent, while EV sales in that country overall up 31 percent."

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He then added, "His technology is not working. His driverless cars aren't working, the batteries are antiquated." He continued, "But think about this: this guy's company has lost, Musk's company has lost close to $900 billion in market cap over the last three months. Tesla has always been a meme stock based, you know, as the feller said, the profit to earnings ratio is horribly skewed. One of the most horribly skewed profit to earnings ratios in like the history of Wall Street."

"And so when the bubble bursts on the reputation, the meme stock goes down and my only point here, his point, actually not mine, is Tesla is in deep trouble and it's in deep trouble," he added. "Not just because he's in Washington, but maybe he's in Washington because he knows it's in deep trouble and giving Donald Trump a couple of hundred million dollars."

"That may have been his bailout to help save Tesla, to help save SpaceX, to help save a lot of these other companies that are struggling now, and not just because people think he's doing a Nazi salute or just because he's saying outrageously horrible things or firing veterans every day," he continued. "Maybe it's happening because he knows his companies are going in the wrong direction." You can watch below or at the link.

- YouTubeyoutu.be

 
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'Totally destroyed': Investors rake in billions by 'causing huge damage' to Tesla​


Carl Gibson, AlterNet

2–3 minutes



'Totally destroyed': Investors rake in billions by 'causing huge damage' to Tesla


FILE PHOTO: People protest against Tesla and Elon Musk outside of a Tesla dealership in Palo Alto, California, U.S., March 8, 2025. REUTERS/Laure Andrillon/File Photo

The stock price for Tesla — South African centibillionaire Elon Musk's electric vehicle company — has continued to tank in financial markets. And some investors are raking in huge windfalls at Tesla's expense.

The Guardian recently reported that while Musk's net worth is still in excess of $300 billion, his stake in Tesla is no longer his most prized asset, given the precipitous drop in the company's share price. As of closing time Tuesday, Tesla is trading at just over $225 per share. That's a decline of more than 50% in trading value over just the last three months. Musk's stake in SpaceX has since overtaken his Tesla holdings in value, with the Guardian reporting that the former is now worth about $20 billion more than his Tesla shares.

But at the same time, Musk's electric vehicle company has plummeted in value, investors known as "short sellers" — who effectively bet on a company's stock to tank — have hit it big. The Financial Times reported that hedge funds that have taken short positions on $TSLA are now $16.2 billion richer over the past 90 days.

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"Tesla had a very strong brand value and Elon has managed to totally destroy it," said hedge fund manager Per Lekander, who runs a $1.5 billion hedge fund focused on clean energy. "[Musk] is on the wrong side of his buyership. It’s not people with cowboy boots who buy Teslas."

The company's slide is projected to accelerate, with JPMorgan predicting a late December share price of just $120. Investors have been bearish on the electric vehicle company after Tesla sales flatlined in Europe following Musk's endorsement of a far-right German political party. The Tesla CEO has also had to contend with a wave of Tesla Takedown protests at dealerships across the country as Americans outraged over his mass firings of federal workers take to the streets.

Musk's electric vehicle company has experienced a rollercoaster of volatility in its share price, rocketing from approximately $150 per share in the first quarter of 2024 to more than $400 per share after the election as investors hoped to cash in on Musk's proximity to President Donald Trump. But as public outrage over Musk's political activity intensifies, the number of Tesla shares being shorted has spiked by more than 16% compared to last month, according to the Financial Times.

"A lot of these momentum stocks [like Tesla] have become glorified memecoins," short seller Marc Cohodes (who does not have a position on Tesla) told the outlet. "When they went up, everyone buying thought they were smart. Now they’re falling, they’re causing huge damage."

Click here to read the Financial Times' full article (subscription required).
 

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Tesla board members, executive sell off over $100 million of stock in recent weeks



 

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www.cnbc.com


Tesla owners are trading in their EVs at record levels, Edmunds says​


A Tesla store in Alhambra, California on March 11, 2025.
Frederic J. Brown | AFP | Getty Images


As Elon Musk wraps up his second month in the White House, Tesla owners are trading in their electric vehicles at record levels, according to an analysis by national car shopping site Edmunds.

As Elon Musk up his second month in the White House, Tesla owners are trading in their electric vehicles at record levels, according to an analysis by national car shopping site Edmunds.The data from Edmunds published on Thursday said that March represented "the highest ever share" it had seen for Tesla trade-ins toward new or used cars from dealerships selling other brands.

The data from Edmunds published on Thursday said that March represented "the highest ever share" it had seen for Tesla trade-ins toward new or used cars from dealerships selling other brands.Since heading to Washington, D.C. in January as a central figure in the second Trump administration, Musk has been slashing the federal workforce and government spending, and has gained access to sensitive government computer systems and data, though his efforts have been repeatedly challenged in court.

Since heading to Washington, D.C. in January as a central figure in the second Trump administration, Musk has been slashing the federal workforce and government spending, and has gained access to sensitive government computer systems and data, though his efforts have been repeatedly challenged in court.Prior to assuming leadership of the Department of Government Efficiency (DOGE), Musk spent around $290 million last year to help propel President Donald Trump back to the White House.

Prior to assuming leadership of the Department of Government Efficiency (DOGE), Musk spent around $290 million last year to help propel President Donald Trump back to the White House.While investors snapped up Tesla shares after Trump's victory in November, they've been rushing for the exits of late, pushing the stock's price down by 42% this year. Waves of protests have targeted Tesla facilities in the U.S. and beyond. Other criminal acts of vandalism and arson have targeted Tesla stores, vehicles and charging stations across the U.S.

While investors snapped up Tesla shares after Trump's victory in November, they've been rushing for the exits of late, pushing the stock's price down by 42% this year. Waves of protests have targeted Tesla facilities in the U.S. and beyond. Other criminal acts of vandalism and arson have targeted Tesla stores, vehicles and charging stations across the U.S.In addition, Tesla is facing increased competition from EV makers. In January, S&P Global Mobility found Tesla sales declined about 11% year-over-year in the U.S., while Ford, Chevrolet and Volkswagen bolstered their sales of EVs, picking up market share.

In addition, Tesla is facing increased competition from EV makers. In January, S&P Global Mobility found Tesla sales declined about 11% year-over-year in the U.S., while Ford, Chevrolet and Volkswagen bolstered their sales of EVs, picking up market share."Shifts in Tesla consumer sentiment could create an opportunity for legacy automakers and EV startups to gain ground," Jessica Caldwell, head of insights at Edmunds, wrote in an email. "As Tesla brand loyalty and interest wavers, those offering competitive pricing, new technology, or simply less controversy could capture defecting Tesla owners and first-time EV buyers."

"Shifts in Tesla consumer sentiment could create an opportunity for legacy automakers and EV startups to gain ground," Jessica Caldwell, head of insights at Edmunds, wrote in an email. "As Tesla brand loyalty and interest wavers, those offering competitive pricing, new technology, or simply less controversy could capture defecting Tesla owners and first-time EV buyers."The Tesla brand, more than that of any other automaker, is tightly tied to its CEO. In August 2024, Edmunds surveys found that just 2% of car shoppers in the U.S. were unfamiliar with Musk.

The Tesla brand, more than that of any other automaker, is tightly tied to its CEO. In August 2024, Edmunds surveys found that just 2% of car shoppers in the U.S. were unfamiliar with Musk.Edmunds also said that shopping for new models of Tesla vehicles on its platform dropped to its lowest level last month since October 2022 after peaking as late as November.

Edmunds also said that shopping for new models of Tesla vehicles on its platform dropped to its lowest level last month since October 2022 after peaking as late as November.Even before Musk began heading up DOGE, Tesla's brand was suffering. Its brand value fell by 26%, or about $15 billion, in 2024, a second straight annual decline, according to research and consulting firm Brand Finance.

Even before Musk began heading up DOGE, Tesla's brand was suffering . Its brand value fell by 26%, or about $15 billion, in 2024, a second straight annual decline, according to research and consulting firm Brand Finance.Many car shoppers trade in their Tesla EVs for a newer model Tesla. Edmunds data didn't account for those transactions.

Many car shoppers trade in their Tesla EVs for a newer model Tesla. Edmunds data didn't account for those transactions.Tesla didn't immediately respond to a request for comment.

Tesla didn't immediately respond to a request for comment.WATCH: Tesla's core issues more detrimental than short-term political headwinds

WATCH: WATCH: Tesla's core issues more detrimental than short-term political headwinds

Tesla's core issues more detrimental than short-term political headwinds: Wells Fargo's Langan
 
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King Poetic

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U want to do more damage to these motherfukkers

Go protest and camp out in front of they homes from your local republican mayors, councilmen and women and governors and watch them get shook

Especially if its their own republican fan base who getting fukked over
 
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