Elon Musk's Tesla in Turmoil: Stock Plummets
as Boycotts and Investor Doubts Mount
Posted By: MaximusP, 3/17/2025 11:34:06 AM
Once considered the undisputed leader in the electric vehicle (EV) revolution, Tesla is now grappling with a dramatic decline in its stock value, mounting competition, and an impending wave of boycotts. The company's struggles come amid growing concerns over CEO Elon Musk's political entanglements, including his controversial role in the Department of Government Efficiency (DOGE), which has sparked nationwide protests.
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MaximusP"
Staggering 8.9 Million Americans Juggling
Multiple Jobs Amid Soaring Costs and Brutal
Labour Market 10 replies
Multiple Jobs Amid Soaring Costs and Brutal
Labour Market 10 replies
A record number of Americans are working multiple jobs, with side hustles becoming a financial lifeline in an economy where wages struggle to keep pace with inflation. According to a recent survey, over a third of U.S. adults now earn extra income through gigs such as freelancing or weekend shifts.
With the cost of living continuing to rise—particularly for parents and carers—it is hardly surprising that so many are turning to second jobs to stay afloat.
Once considered the undisputed leader in the electric vehicle (EV) revolution, Tesla is now grappling with a dramatic decline in its stock value, mounting competition, and an impending wave of boycotts. The company's struggles come amid growing concerns over CEO Elon Musk's political entanglements, including his controversial role in the Department of Government Efficiency (DOGE), which has sparked nationwide protests.
US Representatives Alexandria Ocasio-Cortez, also known as AOC, and Anna Paulina Luna introduced a bill late last week to cap credit card interest rates at 10%. The H.R. 1944 bill aligns with US President Donald Trump's campaign pledge to cap credit card rates at 10%.
'We're making that pledge more than a talking point by introducing legislation to protect working people from remaining trapped under mountains of debt,' Ocasio-Cortez said in a press release
According to the latest filing with the US Securities and Exchange Commission (SEC), Amazon founder Jeff Bezos gifted 296,182 shares of the tech giant worth £47.02 million ($60.71 million) to non-profit organisations.
The trades were executed over two days, starting on 3rd March, 2024. The filing revealed that after the donation, Bezos now owns over 909.41 million shares of Amazon (NASDAQ:AMZN). The latest donation adds to Bezos' billions of dollars worth of philanthropic contributions over the past years.
Most Active Articles (last 48 hours)
Judge says dismantling of USAID was unconstitutional,
orders Musk to restore access for employees 37 replies
orders Musk to restore access for employees 37 replies
Elon Musk's attempt to unilaterally dismantle the U.S. Agency for International Development likely violated the United States Constitution, a federal judge ruled on Tuesday.
U.S. District Judge Theodore Chuang ordered Musk and his Department of Government Efficiency to immediately give USAID employees access to their "email, payment, security notification, and all other electronic systems," and ordered a pause on any efforts to shut down USAID.
Judge Chuang wrote that Musk's takeover "usurped the authority of the public's elected representatives in Congress to make decisions on whether, when, and how to eliminate a federal government agency, and of Officers of the United States duly appointed under the Constitution
Sacré bleu! Talk about a Napoleon complex.
Some stories don’t require a lengthy set-up. They speak for themselves (and today, they’re parlez-vous-ing exclusively in French):
France should take back the Statue of Liberty because the US no longer represents the values that led France to offer the statue, a French Euro-deputy said Sunday.
"Give us back the Statue of Liberty", centre-left politician Raphael Glucksmann said at a convention of his Place Publique centre-left movement.
"We're going to say to the Americans who have chosen to side with the tyrants, to the Americans who fired researchers for demanding scientific freedom: 'Give us back the Statue of Liberty,'" he told cheering supporters.
Supreme Court Chief Justice John Roberts scolded President Trump Tuesday for demanding that a federal judge who blocked the swift deportation of Venezeulan gang members be impeached.
In a rare direct response to a presidential statement, Roberts responded to Trump’s morning comments toward Chief DC US District Judge James Boasberg, saying: “For more than two centuries, it has been established that impeachment is not an appropriate response to disagreement concerning a judicial decision.
“The normal appellate review process exists for that reason,” the chief justice concluded.
President Donald Trump has said that Joe Biden's 11th-hour pardons of members of Congress who investigated the January 6 attack are "void, vacant and of no further effect." a post on Truth Social, Trump said that the pardons issued by his predecessor are not valid because they were allegedly signed using an autopen—a device that replicates a person's signature.
Talk about karma!
Fulton County District Attorney Fani Willis has been slapped with a $54,000 penalty for blatantly violating Georgia’s open records laws in her politically motivated prosecution of President Donald Trump.
“The county’s Superior Court Judge Rachel Krause formalized her ruling Friday and ordered Willis to pay $54,264 in attorneys' fees and litigation costs after ‘intentionally’ failing to provide records requested by Ashleigh Merchant, the attorney who filed the motion to disqualify Willis from prosecuting Trump on charges of allegedly interfering with the 2020 presidential election,” reports Fox News Digital.
Democrat Sen. Mark Kelly gets rid of his
electric Tesla Model X, buys gas-powered
Chevy Tahoe truck 25 replies
electric Tesla Model X, buys gas-powered
Chevy Tahoe truck 25 replies
Sen. Mark Kelly, D-Ariz., traded his electric Tesla Model X for a gasoline-powered Chevy Tahoe, citing his criticism of billionaire Tesla and SpaceX CEO Elon Musk as the reason for the change.
“When I bought this thing, I didn’t think it was going to become a political issue,” Kelly said in a video on his social media accounts on Friday. “Every time I get in this car in the last 60 days or so, it reminds me of just how much damage Elon Musk and Donald Trump is doing to our country.”
While Chevy makes several electric and hybrid vehicles, Kelly decided to get the Chevy Tahoe, which averages about 21 miles
Rep. Jasmine Crockett (D-TX) attacked President Donald Trump over the weekend for using the law to deport members of the Venezuelan Tren de Aragua terrorist organization.
Crockett made the remarks after Trump invoked the Alien Enemies Act of 1798 to deport members of the hyper-violent organization on Saturday.
“That gang is obviously associated with a lot of crime, human trafficking, drug dealing theft, shootings, including in your state of Texas, right outside of your congressional district,” Tapper said.
“Do you agree with this?” he asked. “And, if not, what’s your issue with the U.S. using any tool at its disposal to remove undocumented violent people from this country?”
Crockett responded
Trump strips Hunter and Ashley Biden of
Secret Service protection ‘effective immediately’ 24 replies
Secret Service protection ‘effective immediately’ 24 replies
President Trump revoked Hunter and Ashley Biden’s Secret Service security detail on Monday after the former first son, surrounded by more than a dozen agents, was spotted on an “ultra-luxurious” getaway in South Africa when he was due for a deposition in court.
“Hunter Biden has had Secret Service protection for an extended period of time, all paid for by the United States Taxpayer,” Trump wrote on Truth Social. “There are as many as 18 people on this Detail, which is ridiculous!”
“He is currently vacationing in, of all places, South Africa, where the Human Rights of people has been strenuously questioned,”
A legal firm with deep ties to George and Alexander Soros’s network of left-wing nonprofits and non-governmental organizations (NGOs), is partially behind a lawsuit attempting to block President Donald Trump from deporting illegal alien gang members from the United States under the Alien Enemies Act, Breitbart News has learned.
Over the weekend, the Trump administration invoked the Alien Enemies Act to begin deporting illegal alien gang members to El Salvador under a deal with President Nayib Bukele. The agreement allows for the United States to fly foreign gang members to the country to be held in a mega-prison for an annual fee.
Soon after Trump invoked the Alien Enemies Act
The Autopen is a fascinating device. Developed to allow celebrities to mass-produce autographs for hordes of swooning fans, it was never intended to enable a Muppet to serve as president of the United States. But that seems to be exactly what happened. Evidence has been emerging for a week that nearly every document Joe Biden allegedly signed after his first few days in office — every executive order, every pardon, every Congressional bill signed into law, every international treaty, every lifetime judicial nomination (including the nomination of Supreme Court Justice Ketanji Brown Jackson) — was signed with not one, but two Autopens.
The former U.S. soccer star Megan Rapinoe has described President Trump’s ban on women in men’s sports as “cruel and depraved.”
Rapinoe made the remarks during a profile interview with MUNDIAL magazine over Trump’s changes to federal Title IX rules that prohibit biological men from playing in women’s sports.
“Don’t tell me it’s about the rights of women’s sports,” Rapinoe railed. “That is totally disingenuous to say that.”
The 40-year-old went on to claim that Trump biological men competing against women “isn’t an issue,”
Ceasefire over as Israel strikes Gaza
after Hamas refused to release hostages,
officials say 21 replies
after Hamas refused to release hostages,
officials say 21 replies
The ceasefire between Israel and Hamas is over as Israeli fighter jets began striking the Gaza Strip after Hamas refused repeated hostage deal offers, officials said.
The Israel Defense Forces (IDF) began striking Hamas terrorist targets across Gaza "in order to achieve the war objectives set by the political leadership, including the release of all our hostages—both the living and the fallen," the office of Defense Minister Israel Katz said in a letter.
"This decision comes after Hamas repeatedly refused to release our hostages and rejected all proposals presented by U.S. President’s envoy, Steve Witkoff, as well as the mediators," the letter states.