Tesla stock is in free fall

[DemocratSinceBirth]

How much of it is a function of the fact Musk's an absentee CEO, more electric vehicles are coming on the market, older models are exhibiting reliability issues, Musk's lampooning the values of his best customers?

[RockRaven]

1. You also have to factor in that Musk.has sold many millions of shares, which also drives down

the price.

[TreasonousBastard]

2. All of the above, including the recent revelation that he is a jerk.

[AZSkiffyGeek]

5. Recent?

He's been a public jerk for years - but his cult just ate it up, or ignored it.

[TreasonousBastard]

6. True. For a while, some people made money off of him. His...

Jerkitude just became more widely known and too sbvious to hide.

Prior the Twitter madness, it was merely an open secret he was an asshole. Now it's generally known.

[sheshe2]

3. That's so sad...

[Elessar Zappa]

4. Gee, that's a shame.

[Samrob]

7. If you want the 1-2% to shape up, start cashing in your stocks in the companies they own or have

huge stock portfolios, and put your money in safe deposit boxes or even under you mattresses for just a few months. Consumers can bring them to heal.

[The Unmitigated Gall]

8. Waiting for the splat.

Hope it’s crunchy.

[Celerity]

10. 137,80 USD -262.13 (-65.54%) year to date

[BlueWaveNeverEnd]

15. yep

[Pobeka]

9. From 228 on Nov 1, to 138 as of closing today

Buy Twitter for 48 billion, and show the world what an idiot you truly are by openly displaying your *ssholeness to the whole world.

Sometimes it's embarrassing to be part of the human race.

[Mr. Sparkle]

11. I wonder when Elon is going to realize, who it was who gave him all that money for Tesla and SpaceX.

And now they want nothing to do with him.

[joshcryer]

12. Tesla is capped out of the tax subsidy for new Teslas starting Jan. 1st.

It will only apply to people who make under $150k and cars that are under $55k. A lot of their business is upselling on their Model 3s, they don't like to sell the "cheap" model.

[Hassler]

13. And unlike GM or Ford when they have problems, there aren't dealers in every town

[jmowreader]

14. More important on the electric vehicle front

The new entrants to the EV field aren't putting "Muskisms" in their cars.

Come on...

https://www.notateslaapp.com/software-updates/upcoming-features/id/726/new-tesla-voice-command-will-let-your-car-fart

Tesla actually had to perform an "online recall" - a mandatory over-the-air update to the car's OS - that turned off the ability of the cars to play "loud farting noises" through the external speakers while the car is in Drive. No other manufacturer has ever been told by the federal government to shut off the fart sounds the car makes.

And while this is happening, the rest of the automotive world is going electric as fast as it possibly can.

[LetMyPeopleVote]

16. This stock started at $402.67 52 weeks ago. Today it closed at $137.66.

Link to tweet

[LetMyPeopleVote]

17. $TSLA lost over half its value in 3 months because of its CEO's side hustle to buy Twitter

Link to tweet