Tesla and SpaceX lose over $420B in combined market cap in the two days

vayup

$420B can't be coincidence. Musk engineered the fall perfectly.

dmitrygr

so did everyone else. so?

jml7c5

This analysis would be more convincing if other major tech companies hadn't fallen a similar amount today. It's a broad tech selloff. Also, what's with this site? It only has a single article. EDIT: Judging from the URL/title, it's some (AI-generated?) thing that reuses the title from https://www.reddit.com/r/technology/comments/1xow42o/tesla_a...

BenFranklin100

Tis’ a tragedy Musk can’t stay focused on building great companies instead of shooting his mouth off about politics.

thelastgallon

Tsla has a PE of 380 with YoY degrowth over multiple years and no prospects of growth.

for_i_in_range

Never bet against Elon.

ericd

Nvidia lost more than that by itself…

ipsum2

What is this random website that has a single AI generated article

tehologist

Still wildly over valued, only time even remotely profitable is with government subsidies.

ungreased0675

Lawfare is coming, everyone knows it.

etchalon

Are we really shocked when their entire IPO was predicated on AI the companies primary future revenue and American voters just told the market they're not gonna make that easy?