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Path: ...!weretis.net!feeder9.news.weretis.net!news.quux.org!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!eternal-september.org!.POSTED!not-for-mail From: JAB <here@is.invalid> Newsgroups: misc.news.internet.discuss Subject: Re: Tesla down another 4% today Date: Mon, 10 Mar 2025 15:03:30 -0500 Organization: A noiseless patient Spider Lines: 17 Message-ID: <vqngil$1h936$1@dont-email.me> References: <vqj572$irt6$1@dont-email.me> <20250309144456.be054a6e369f366ecc3276bc@amongus.com.invalid> <vqlmre$121s6$1@dont-email.me> Reply-To: JAB <here@is.invalid> MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Injection-Date: Mon, 10 Mar 2025 21:03:34 +0100 (CET) Injection-Info: dont-email.me; posting-host="2f495f8286dea9fd36665efd48656a19"; logging-data="1614950"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1/hVbgP92Nk5WjLX3TvzlBI" User-Agent: ForteAgent/8.00.32.1272 Cancel-Lock: sha1:dHjygmh+T5R390/LxgwREQr5rqQ= Bytes: 1892 Tesla shares plunged on Monday, hitting their lowest point since before Election Day, as investors registered the impact of falling sales and increasing protests over the high-profile political role that Elon Musk, the company's chief executive, has taken on. In afternoon trading, the electric-car maker's shares were down more than 13 percent for the day, and more than 50 percent from a mid-December peak. The day's loss far outstripped the 2.5 percent drop in the S&P 500. The steep rise in Tesla shares that followed Donald J. Trump's election as president, and Mr. Musk's appointment as de facto government cost-cutting czar, has evaporated along with more than $700 billion in stock market value. https://www.nytimes.com/2025/03/10/business/tesla-stock-market-elon-musk.html