Do protests actually accomplish anything? Well take a look at these two charts. Just today, TSLA stock dropped a whopping 15%. The second chart shows that on Trump’s inauguration day, TSLA stock was at $426. It closed today at $222, a nearly 50% drop. If I did the math right, that means Musk has lost around $82B since Trump took office. That’s B, as in Billion. (Pretty bad ROI for the $250M he spent getting Trump elected.) So yeah, we’re winning this one folks. I expect we’ll see further huge slides in TSLA stock which is going to cause huge problems for Musk.

Musk’s wealth is primarily in the stocks of his companies that he holds. When he bought Twitter, he used his TSLA stock to get loans so he didn’t have to sell his stock. But when the banks that made the loans see that his collateral is taking a dive, they may call his loans.

If they do, he might have to sell a chunk of his TSLA stock to pay off the loans. Of course, if he has to sell a chunk of TSLA stock, that will only erode the price further, as the stock market is driven by supply and demand.

I don’t think it’s farfetched that the Tesla Board of Directors are soon going to be in a position that they need to divorce themselves from Musk’s toxicity if there is going to be any chance the company is going to survive. Even if they do, I question if Tesla will ever recover. Musk has personally done more to damage his own brand than any other CEO of a company I can think of in my lifetime.

We will shortly be announcing our own Tesla protest, so stay tuned.

TSLA stock price crash on 3/10/25

TSLA stock crash since Trump’s inauguration