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Tesla loses $68 billion in value after Elon Musk says he is launching a political party (www.cnbc.com)

submitted 3 days ago* (last edited 3 days ago) by babysandpiper@sopuli.xyz to c/economics@lemmy.world

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KEY POINTS

Elon Musk said he would form a new political party called the “America Party.”

Tesla shares fell Monday after Musk’s announcement.

Tesla shareholders have wanted Musk to stay away from politics, especially after his stint at the so-called Department of Government Efficiency, which many have said damaged the automaker’s brand.

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[–] captain_aggravated@sh.itjust.works 3 points 2 days ago* (last edited 2 days ago) (1 children)

I'd settle for "dies a 90 hour non-instrument rated private pilot flying the Beech Debonair he just bought VFR into IMC by slamming into a hillside trying to fly under a 300 foot ceiling."

But he wouldn't pass a 3rd class medical certificate, would he?

[–] NotASharkInAManSuit@lemmy.world 2 points 2 days ago

I have a message. Elon Musk’s plane was shot down over the Sea of Japan. It spun in. There were no survivors.