Wednesday, July 1, 2026

Musk-a-tears: Tesla Stock Dropping Fast Monday After Massive Recall, Twitter Chaos (UPDATING)

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Elon Musk has his hands full this morning.

Tesla stock price is dropping fast. It’s trading at an all time low– around $169 — and going fast. It’s down 6% from Friday, and around 10 bucks off from Friday as well.

The reasons are many. First of all, Tesla is having a giant recall — 321,000 cars over rear lights not working. That’s the 19th recall of 2022.

You may also “recall” that over the weekend Musk caused more chaos at Twitter. He reinstated accounts from Donald Trump, Kanye West, and several right wing propagandists. Also, after firing 3,700 people including most of those who keep track of right wing and harmful accounts, I can tell you personally that I’ve had to act like a soccer goalie, catching and then blocking or muting a bunch of Tweets from accounts I don’t want to see. They’re pouring in.

keep updating for stock updates…

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Roger Friedman
Roger Friedman
Roger Friedman is the founder and editor-in-chief of Showbiz411. He wrote the FOX411 column on FoxNews.com from 1999 to 2009, where he covered Michael Jackson, and previously wrote the "Intelligencer" column at New York magazine in the mid-1990s, where he covered the O.J. Simpson trial. He also edited Fame magazine. His bylines have appeared in The New York Times, The Washington Post, the New York Daily News, the New York Post, Vogue, Details, and the Miami Herald. He is a voting member of the Critics Choice Awards (Film and Television branches), and his movie reviews are tracked by Rotten Tomatoes. With D.A. Pennebaker and Chris Hegedus, he co-produced the 2002 documentary "Only the Strong Survive," which screened at Directors' Fortnight at the Cannes Film Festival.

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