Elon Musk Shows up for Netanyahu’s Speech to Congress on the Same Day Tesla Loses $90 Billion in Big Tech Market Bloodbath
In a Wall Street bloodbath today that saw significant losses in the DOW, S&P 500, and Nasdaq, the Big Tech "Magnificent 7" companies (Apple, Google, Facebook, Amazon, NVIDIA, Microsoft, and Tesla) lost $1.7 TRILLION in market share, in just one day. Shares of Tesla stock were down the most, losing 12.3%, close to a $90 billion loss. Tesla's quarterly report on earnings yesterday was not as positive as shareholders had expected, and some seem to be waking up to the fact that Musk may not be as smart as everyone thinks, as he continues to sell the future and his AI hype, while sales of his Tesla vehicles are declining, as are other EV sales. Ford also posted another $1 billion loss on electric vehicles last quarter. The fools who still believe in Musk think Teslas are different from other EVs, and insist that their investment in Tesla is not really an investment in an automobile manufacturer, but in an AI company that is going to build robots and self-driving cars. The Big Tech crash is coming. Today might have been the start of the ultimate crash as reflected in the stock markets, but it will probably take some more time for people to realize that their faith in the technology is not real, and that one cannot just wait for the future forever. Meanwhile, as Kamala Harris and JD Vance, along with many others were no-shows at the Benjamin Netanyahu show in Congress today, one person that few expected to see showed up: Elon Musk.