Wednesday, April 17, 2024

Is Elon Musk Turning Twitter into My Pillow? Stock Price Drops to All Time Low

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Is Elon Musk turning Twitter into My Pillow?

Before Mike Lindell threw in with Donald Trump, he had a company — a silly company but apparently successful selling puffed up marshmallows made from shredded cardboard (that’s what it felt like to me).

Now Elon Musk has gotten all chummy with Trump, Kanye West, and other unsavory types. And his stock price for Tesla is dropping faster than the watermelons David Letterman use to throw from his office in 30 Rock down to the plaza below.

Today, Tesla closed at its lowest price ever –$167.54. This was not just because of the 19th recall in 2022. It’s also because he’s become obsessed with alienating his base customer, offending everyone, and using Twitter as his minute by minute toy. The stock fell 6.84%. In March it got as high as $361. What is going on here? I have no idea. But Tesla is going to be running on AAA batteries soon!

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.
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