First and foremost, let me make this clear: this is NOT an April Fool's Day joke.
Yes, Tesla stock has absolutely plummeted in the first quarter of 2025. It was the worst quarter for Tesla since the coronavirus pandemic shutdown.
You know, it's funny. Decades ago, I remember how South African whites during apartheid tried convincing the world that the economic boycotts and sanctions did not work. Yet it sure seemed like a factor in pressuring the white minority government to reform and give up on apartheid. FW DeKlerk announced that the apartheid experiment had failed, and then released political prisoners and lifted the ban on opposition groups in that country.
Many people related to or supporting Trump claimed that boycotts like the one last month, targeting some major corporations like Tesla, Amazon, Walmart, and Target (as well as banks) would not work. Would be pointless.
Yet, it hit them where it hurts the most: in their wallet.
Clearly, it caught the attention of President Trump, who claimed that the economic boycott was illegal.
Illegal? What, are we now forced to consume specific products, as well? Are we all going to be buying Teslas and to sign up for Musk's X (formerly Twitter) from here on out? Truth be told, I would not be surprised if Trump and Musk & Co. would actually try to force some kind of legislation to that effect.
However, we have some power. And one of those powers is to try and hit them where it hurts. They really only seem to notice opposition to their schemes when it hurts them. Clearly, this has had more of an impact than they care to admit. Again, Tesla stocks are down 36% just based on the first three months this year.
That's something.
Let's keep it up! Who cares if they cry foul, or claim it will not work and that we are wasting our time or money or whatever. They will never be honest and admit anything to the effect that people simply do not like their policies. But this sends a clear signal. And Elon crying about how poorly he has been treated, and apparently announcing his resignation from DOGE suggest otherwise. So does these catastrophic reports about Tesla stock.
Again, let's keep it going.
Tesla plunges 36% in first quarter, worst performance for any period since 2022 by Lora Kolodny, Mon, Mar 31 2025:
https://www.cnbc.com/2025/03/31/tesla-plunges-36percent-in-first-quarter-worst-performance-since-2022.html?utm_campaign=trueanthem&utm_content=main&utm_medium=social&utm_source=facebook&fbclid=IwY2xjawJYR3NleHRuA2FlbQIxMQABHfBPyyYg76_zNOey8MHl7LPQbPt_Y83YMPLaGtxr_zmY5Zmx666F-NV7Iw_aem__wOj3H2flHmat3PtUeLF9Q
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