Investors have dumped Tesla and SpaceX stock since the blue wave election - Business Insider — SkimNews
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- Tesla and SpaceX shares were sold by investors since the election, according to Business Insider, while The New York Times and The Independent focused on Elon Musk’s “very bad night” and anti-Musk sentiment.
- Tesla and SpaceX lost more than $420 billion in combined market capitalization, though the supplied excerpt truncates the headline before its final clause is complete.
Why it matters: Tesla and SpaceX shareholders absorbed a combined market-value loss of more than $420 billion, making the selloff’s dollar scale more consequential than the political commentary surrounding it. The excerpt links the timing to the election without establishing that the election caused the decline.
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