Musk’s shift to the far-right has done what all the Tesla naysayers combined haven’t been able to do for years: seriously tarnish the Tesla brand. His full-embrace of extremists and conspiracy theories (and theorists … like Alex Jones, for instance) has turned “X” into a cesspool and he has run-off any advertisers who objected by telling them to go “f” themselves. So the real reason Musk likely wants more TSLA shares is so that he can sell them to help prop-up “X”, whose value he has destroyed by this shift to the “dark-side” … note Fidelity recently had to write down its stake in “X”, now worth 71.5% less than at the time of purchase, according to a recent disclosure.Meantime, the big price-cuts on Tesla models caused Hertz to sell its inventory of Tesals and that have really PO’d some consumers whose now see the exact same model they own selling for thousands less today. Don’t get me wrong… I am all for EVs … but I once…
Tesla dips with Elon Musk’s push for more voting control seen as potential new distraction
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