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Image Credit: Guardian

Elon Musk faces week of harsh setbacks amid Tesla selloff and Doge backlash

  • Elon Musk faced a challenging week with Tesla stock selloff and Doge backlash.
  • Musk's net worth dropped by over $22bn in a single day.
  • Tesla's value declined, SpaceX faced setbacks, including a rocket explosion.
  • Musk claimed cyberattack on X and encountered criticism over Doge.
  • He faced pushback over staffing decisions and received an injunction to reinstate fired workers.
  • Despite losses, Musk maintains a substantial fortune and faces scrutiny on his political activities' impact on his companies.
  • Musk continues his role in the White House and receives support from Trump and Maga world.
  • The White House endorsement aimed to reverse Musk's losses and address backlash.
  • Protests against Tesla continue, and investigations into vandalism targeting the company are initiated.
  • Amid ongoing challenges, Musk turns to right-wing media and faces comparisons to historical events like Kristallnacht.

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