Teslation
NOUN-
A general decrease in the valuation of your company when your main boy thinks he can buy and run another company – but instead fucks it.
NPR is reporting that Tesla stock not only lost 65% of its value in 2022, but 12% in a single day in 2023. Also provides four reasons why. Here are my four.
1. Elon Musk. General fuckery.
2. Elon Musk. Banning accounts.
3. Elon Musk. Unbanning accounts.
4. Elon Musk. Bitch can’t even pay his rent.
I know it’s probably going to recover that and then some as most stocks do. But, damn. Until then I’ll just sit back and enjoy the shit-show. It’s nice to watch a good crash and burn without being in the goddamned thing.