Tesla's stock is going straight to hell in a rocket ship that—unlike SpaceX's—isn't coming back to Earth in one piece. After a brief post-election sugar high where the stock shot up 84%, reality came crashing down like a self-driving Tesla hitting a concrete barrier. The stock has nosedived a brutal 40% from its peak, hemorrhaging 87% of those election gains while Musk prances around DC playing government official.
Musk's History of Overpromising and Underdelivering
For years, Musk has been the tech world's carnival barker, promising revolutionary products that arrive years late—if at all. Remember the Tesla Semi revealed in 2017? Promised for 2019, it barely exists today. The Cybertruck? Unveiled in 2019, promised for 2021, finally limped to market in late 2023 with triple the original price tag. Solar Roof tiles? Announced in 2016, still practically nonexistent. And let's not forget the robotaxis that were supposed to generate $30,000 in annual income for Tesla owners by 2020—still wa…
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