r/politics • u/Quirkie The Netherlands • Mar 06 '25

Soft Paywall Elon Musk Suddenly Doesn’t Want Credit for Disastrous DOGE Cuts - Musk is warning Republicans to stop blaming DOGE for the cuts.

https://newrepublic.com/post/192415/elon-musk-warns-republicans-doge-job-cuts
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u/user888666777 Mar 06 '25

Fun fact. Tesla stock is down 31% year to date. The majority of that value has been lost in just the past 30 days.

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u/itsZizix Mar 06 '25

Still way overvalued.

2

u/geographies Mar 06 '25

"I hate the stock" - the people of the world

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u/Excelius Mar 06 '25 edited Mar 06 '25

It's still up a bit relative to election day.

The stock almost doubled after the election, so most of the YTD drop has just been erasing that entirely unjustified surge in value.

And it was already massively overvalued before the election.

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u/djbtech1978 Wisconsin Mar 07 '25

Down 54% since the week before the holidays

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u/Ekg887 29d ago

Kylo Ren: MOAR!!!