Summary
Tesla investors, frustrated by the stock’s decline, are demanding accountability from Elon Musk, who recently illegally demanded federal employees justify their paychecks.
Shareholders took to Musk’s social media platform X, asking him to similar list his contributions to Tesla.
The stock has fallen for six straight sessions, underperforming the Nasdaq.
Meanwhile, Musk faced backlash for overstepping in government affairs, forcing Trump to smooth tensions.
Eh, until it doesn’t anymore. I understand the macro dynamics of the stock market, but after major market crashes everyone pretends that it was impossible to see that there would be a crash until the airbags deployed.
I don’t see how it happens this time either with the Fed straight up buying funds to make the line go up in the last almost crash (i.e. COVID), but that’s why you and I won’t be covered in the next big short movie.
As doctorow likes to say, all things that can’t go on forever eventually end, and does anyone really think this can go on forever?