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"After outbursts, shares of #Tesla fell 10% lowest since Feb, ⬇️ $95 bil off market value." reuters.com/world/us/trump-bla…

Stocks fell alongside Treasuries as online squabbling bw Trump/Musk ⬇️ Tesla, drag other megacap tech shares. Nasdaq ⬇️almost 1%. Tesla ⬇️14%" bloomberg.com/news/articles/20…

The sell-off erased $153bn from Tesla’s value, biggest 1-day drop in co’s market capitalisation on record, comes as Donald Trump threatens he will terminate US government contracts with Musk’s companies - Finan Times

This entry was edited (1 day ago)
in reply to Laffy

If he can, given Musk accessed all government systems pretty thoroughly, even building APIs for many of them, apparently. And Musk fired people who could do so manually while replacing them with loyalists. 🍿

"Donald Trump threatens he will terminate US government contracts with Musk’s companies"

in reply to Laffy

so is this just more stock manipulation? Vulture capitalism at its finest?
This entry was edited (1 day ago)