Elon Musk's approval rating is "falling through the floor," polls show
Musk has been leading the Department of Government Efficiency's efforts to cut federal spending and trim the workforce.
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Now let Tesla stock price follow his approval rating!
I seriously doubt it will. It might have dropped almost 30% on the last month, but it's back up 17% in the last 5 days.
Back down 5% today at the moment.
But it's insane that it's still so high.
Trump is a grifter and has a really potent grip on his idiotic MAGAt followers. Let them all financially hurt themselves. I'm guessing at least half of the world's EV market absolutely hates Elon Musk and won't buy a Tesla. Also, the MINUTE democrats take one of the US branches his taxpayer funded corporate welfare gravy train is gone.
It was always propped up by empty promises of self driving and other imaginary tech that never got delivered.
Elmo Muskrat was told by his engineers to use a combination of machine vision and lidar/radar and other sensors to achieve full self driving. I suppose Ketamine elves told Ketamine addicted Elmo that machine vision should be sufficient. SO Elmo told the engineers that they were wrong and it will just be machine vision. Thus Tesla will NEVER succeed at full self driving.
The other issue is that object recognition from a camera can never be 100% accurate, therefore any decision on which object to avoid and where to turn in an emergency situation will have a good chance of being wrong, based on weather and visibility.
It's just insane that after 10 years more people than ever are falling for the empty promises that never happen.
This year it's "robotaxi".
Those are certainly stock buy backs
