TL;DR

Elon Musk blames public outrage over his politically-motivated job cuts for Tesla’s tanking stock, ignoring the company’s underlying problems and his own role in the mess. Classic deflection.

Story

Elon Musk blames public backlash over his Department of Government Efficiency (DOGE) involvement for Tesla’s stock troubles. Is he serious? Sounds like another billionaire blaming everyone but himself.

Musk claims the pushback against government job cuts is hurting Tesla. But let’s be real: Tesla’s stock has been sliding long before DOGE. Declining sales, increased competition, and his erratic behavior all play a part.

This reminds me of Enron, where executives blamed market forces for their downfall while conveniently ignoring their own accounting fraud. Musk’s cries of “external pressure” echo that same deflection.

Here’s the kicker: Musk gave millions to conservative candidates while complaining about stock drops. Irony much? It’s like setting your house on fire then blaming the firemen for the water damage.

Remember the 2008 crash? Blind faith in charismatic leaders and complex financial products led to disaster. Musk’s cult of personality might be dazzling, but it’s no substitute for due diligence.

‣ DOGE: Trump-era initiative focused on slashing government jobs. Supporters claim it’s about efficiency; critics cry foul. ‣ Due Diligence: Doing your homework—researching investments, understanding risks, not taking things at face value.

Bottom line: Musk’s actions have consequences, and Tesla isn’t immune. Buyer beware.

Advice

Don’t fall for the hype. Research before investing, and remember: charisma doesn’t equal competence.

Source

https://www.reddit.com/r/stocks/comments/1jo91nk/elon_musk_says_backlash_against_his_doge/