US Tesla Stock’s Election Rally Is All Gone—Erasing 91% Gain - Smartest richest man in the world no more. Now just a dumbass who lost it all.

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Derek Saul
Updated Mar 10, 2025, 02:09pm EDT

TOPLINE​

Tesla stock officially traded lower Monday than it did ahead of President Donald Trump’s November victory, wiping out what was once a 91% gain for shares of the electric vehicle company run by Trump lieutenant Elon Musk, as Tesla becomes the face of the ongoing stock market slide.

KEY FACTS​

Shares of Tesla declined about 15% to $225 by mid afternoon, registering their lowest share price since Oct. 23, the day before the election.

Monday’s Tesla dive came as part of broader losses tied to concerns about Trump’s economic policies, as the tech-concentrated Nasdaq Composite dropped more than 3% and crossed into 10% correction territory.

And driving down Tesla shares specifically was a note from UBS analyst Joseph Spak calling for Tesla’s 2025 vehicle deliveries to decline by 5%, which would be the second consecutive year of negative growth for Tesla, moving against consensus analyst forecasts of 12% vehicle delivery growth this year.

Tesla stock is down more than 53% from its all-time high set in December, when its share price took off on the prospect of friendly Trump administration policies toward the heavily regulated company.

BIG NUMBER​

$141.5 billion. That’s how much lower Musk’s $322.5 billion net worth is than his record $464 billion set in December, according to our latest calculations. Musk, Tesla’s largest shareholder, is still worth roughly $114 billion more than any other person on Earth. Musk’s net worth fell by $20 billion Monday amid Tesla stock’s drop.

SURPRISING FACT​

Tesla stock is down 11% since Election Day. Its market capitalization is down close to $800 billion from its December peak.

KEY BACKGROUND​

Musk, who donated $288 million toward Trump and other GOP election efforts, has dedicated much of the last few months to his position as the head of the Department of Government Efficiency (DOGE), a commission Trump created to oversee cost cutting and government employee layoffs. Tesla is one of the American firms most directly affected by Trump’s tariffs, as China is the company’s second-largest market and Tesla’s cars rely on parts from Canada, China and Mexico. Beyond tariffs, Tesla stock has been weighed down by reports of significantly lower sales to open 2025 in China and Europe as analysts warn Musk’s outspoken politics are eating into Tesla’s brand reputation.

 

[Super Guido]

America's journalist class see themselves as the true guardians of "our democracy". They see themselves as the people pushing America forwards towards a better socialist world that can defeat capitalism and the bad guys.

They keep forgetting the highest honor in journalism is suicide by 3 bullets to the back of the head; it means you've pissed off the establishment, so they want you dead. A vast majority of journalists do not come close to qualifying for obvious reasons.

 

[Catch The Rainbow]

Haha yes end all of the tax breaks for EVs which are half of the reason my shitty car company pushed units despite having a vastly inferior product to other EVs in terms of quality.

Tesla is the only company that would survive the tax breaks ending because they're the only EV manufacturer that has a net profit on every car

 

[TowinKarz]

Tesla is the only company that would survive the tax breaks ending because they're the only EV manufacturer that has a net profit on every car

Makes sense, seeing as they have to do that to stay alive - everyone else can just build shitty EVs on the side as a vanity project and make their money no matter how long they sit on the lot unsold.

Not surprised. There's currently "Musk Derrangement Syndrome" as bad or worse than TDS.

It's just that Musk has shit that idiots can attack without getting ventilated by the Secret Service.

Or rather, stuff that's passed through Musk's hands .... the memes about people with Teslas finding fresh swastikas on them.... the idiots doing it honestly think that makes Musk upset... or more upset than the guy who, ya know, OWNS that car?

It's as silly as if there was a guy going around "owning" Trump by stealing MAGA hats off people's heads and drawing on them with a sharpie.... the actual damaged party is three steps removed from the guy you're trying to hurt in the first place.

 

[Catch The Rainbow]

everyone else can just build shitty EVs on the side as a vanity project and make their money no matter how long they sit on the lot unsold.

Every other EV manufacturer outside of China is losing money on every car they manufacture

 

[Blewberry Nausea]

Elon just needs to take a cue from pioneers before him and add a few anti-vandalism devices

 

[Google.com]

Tesla is the only company that would survive the tax breaks ending because they're the only EV manufacturer that has a net profit on every car

Unlike other manufacturers who have hybrids and ICE vehicles along with their EVs Tesla only has their cars, climate credits and their solar products. Without these breaks their other main source of income is also tied to government tax credits and I doubt the solar side business is making much. They will now have to convince a bunch of people who think they are Hitler to buy their bottom of the barrel quality cars for more when they are already struggling with sales. Other manufacturers can just fall back to their ICE models and hybrids.

And during this all they have a massively overinflated stock price begging to explode at any moment.

 

[John Badman]

LOL fatty is now begging his followers to buy a Tesla and save Elon even though most MAGAtards can’t afford one

 

[quaawaa]

Every other EV manufacturer outside of China is losing money on every car they manufacture

The Chinese ones are losing money too.

 

[Fraiser crane]

Who cares? Can the left EVER talk about things that matter?

Everything they talk about is bullshit that no one cares about

Elon, Ukraine, trannies, palestine, covid masks and shots...no one cares faggots

Kill yourself Elon

 

[Catch The Rainbow]

The Chinese ones are losing money too.

Yeah but the Chinese ones are subsidized by the CCP so it's less of a problem for them. China has an interest in pushing their cars.

 

[Barry McKockner]

Unlike other manufacturers who have hybrids and ICE vehicles along with their EVs Tesla only has their cars, climate credits and their solar products. Without these breaks their other main source of income is also tied to government tax credits and I doubt the solar side business is making much. They will now have to convince a bunch of people who think they are Hitler to buy their bottom of the barrel quality cars for more when they are already struggling with sales. Other manufacturers can just fall back to their ICE models and hybrids.

And during this all they have a massively overinflated stock price begging to explode at any moment.

Tesla's EVs, although overpriced, are still better than whatever GM or FORD are pushing out. If I had to choose an EV for the wife to do what little driving she does, it would be a tesla over any other manufacturer. Their solar side mainly makes money off of power wall sales, which other companies will sell you with their solar systems too, so they aren't limited to just sales with their own solar panels/shingles.

For all the shit I've given Tesla over the years, they DO objectively make better EV cars than anyone else in the US. They may have been overhyped by environmentalists, but that doesn't change what they are. I just wouldn't pay that much for one.

 

[Blewberry Nausea]

If people start buying teslas to own the libs that’ll be the funniest shit ever.

 

[Haramburger]

3 pages of retardation, and not one astronaut saying "buy the dip." Going to the moon alone I guess, with all that caviar bought from Atari flips.

 

[last whitey in Toronto]

They really hate Elon Musk. Didn't they used to love him?

American leftists are just man children. Just point at patsy and tell them that patsy is Hitler. They will rile up with hate. Litterally everyone they don't like becomes Hitler. Niggers and other minorities go along cause of party lines. But the loudest voices always these activists with no jobs lol

 

[LeChampion1992]

What is an ‘elite’ in this context? Because I’m looking at Trump’s inner circle and it seems to contain quite a few very powerful and very rich people right now.

Hell, there’s even a Soros dude right there!

There's been a change in plans with the elites. The smart ones realize the "our democracy " nonsense doesn't work anymore and are back to ruthless real politics now.

 

[BradeRunna]

They loved Elon Musk green tech and electric cars. Now they do domestic terrorisms on Tesla dealerships and attack charging stations.

They want to break the Musk. But he has to break them first.

 

[John Badman]

They loved Elon Musk green tech and electric cars. Now they do domestic terrorisms on Tesla dealerships and attack charging stations.

They want to break the Musk. But he has to break them first.

Shouldn’t you be out buying a new Tesla goy?

 

[BradeRunna]

Shouldn’t you be out buying a new Tesla goy?

I will buy a Tesla right after I get done shaving my legs and a finding a dress that doesn't make me look fat.

 

[Traummaschine]

Telsa's valuation has always been vastly out of line with reality. Compare Tesla's market cap to any other automaker. Tesla's market cap is greater than multiple top automakers combined despite having only a tiny fraction of the sales. It's obvious that Tesla isn't going to become the next Ford or Toyota despite being valued more than both combined. Telsa has much much farther to drop.

Yes, it was already high, and then doubled when Trump won the election. It makes sense that it's coming down from that. But now they are in a situation where there are a ton of other choices if you want an EV and they have spent the last years focusing on a retarded meme truck. It's a really bad time for Elon to make people angry at him and push people away from Tesla. If Tesla sales are falling around the world, he now has to rely on selling electric cars to the MAGA fanbase (good luck with that) and/or more subsidies and government contracts. Either way it seems like Tesla will have a rough time ahead.

 

[George Lucas]

John has sunk to posting stock market updates to find things about Trump to bitch about.