THE TESLA CHAINSAW MASSACRE

Musk MONEY BURNS in Tesla Chain Saw Massacre

Tesla owners are trading in cars at record rates amid Musk backlash

The data comes as Tesla’s stock price has fallen sharply and vehicles and dealerships have faced vandalism over Musk’s role in the Trump administration.

https://www.washingtonpost.com/business/2025/03/21/tesla-trade-ins-elon-musk/





The number of Tesla owners trading in their cars surged to a record high in March, compounding the troubles of an automaker that has been embroiled in controversy since CEO Elon Musk became a central figure of President Donald Trump’s administration.

Of all vehicles traded in at dealerships for new or used cars through March 16, 1.4 percent were Tesla cars from model year 2017 or newer — the highest share on record, according to data from U.S. car shopping website Edmunds, which analyzed purchases at traditional dealerships (but not direct-to-consumer brands). The data shows a steady increase: Last March, 0.4 percent of all vehicles traded in were Teslas. The figure rose to 0.8 percent in January and 1.2 percent in February.

The rise in trade-ins comes as Musk faces backlash for his role in dramatic cuts to the federal government through the U.S. DOGE Service. Protesters have vandalized cars and storefronts at Tesla facilities across the country and set Tesla charging stations ablaze, among other violent and destructive acts.

Trump on Friday threatened vandals of Tesla cars with 20-year sentences in El Salvador’s infamous mega-prison, after Attorney General Pam Bondi earlier this week said attacking Teslas was “domestic terrorism.”

Musk’s company has faced declining stock price and consumer boycotts since the start of the year. Tesla’s stock, which peaked at around $480 per share in December, closed Thursday at $236.26 per share. In January, Tesla sales in Europe sank 45 percent compared to the previous year.

Some Tesla owners have also begun to express buyer’s remorse, fearing their car signals to others that they support Musk, one of the most powerful right-wing political figures in the United States.

Jessica Caldwell, head of insights for Edmunds, said Musk’s reputation may be one of the reasons for the increase in trade-ins.

“Brand loyalty is becoming a bigger question mark as factors such as Elon Musk’s increasing public involvement in government, Tesla depreciation concerns and its increased saturation in major metro areas leave some longtime owners feeling disconnected from the brand,” she said.

As more carmakers enter the electric vehicle market, consumers have begun to explore their options. Searches for used Teslas in February fell 16 percent from the previous month and 7 percent from the previous year, signaling that consumers are considering other electric vehicles, according to a February report from Cars.com. There are 76 models of used electric vehicles on the market this year, up from 58 a year ago, the report said. Meanwhile, searches for non-Tesla electric vehicles on Cars.com rose 28 percent over the past year, according to the car site.

“What we’re seeing in the marketplace is just fragmentation that is very normal,” said David Greene, an analyst with Cars.com. “Tesla enjoyed exclusivity and market dominance for quite a long time, but other automakers are getting into the EV space.”

Green is skeptical that the available market data reflect a significant consumer backlash against Tesla. Those shifts in behavior can be slow to emerge in buyer interest, trade-in or sales data, he cautioned: “The market can shift on a dime, but the data is always lagging.”

The share of people considering buying a new Tesla has also dropped, according to Edmunds. In February, 1.8 percent of car shoppers on the Edmunds site were considering purchasing a new Tesla, the lowest proportion since October 2022. The figure peaked at 3.3 percent in late November 2024.

When consumers trade in a Tesla, a majority are purchasing electric or hybrid models as their next car, according to Edmunds.

“As Tesla brand loyalty and interest wavers, those offering competitive pricing, new technology or simply less controversy could capture defecting Tesla owners and first-time EV buyers,” Caldwell said.


Elon Musk is unfathomably rich. Here’s where his money is stashed.

https://www.washingtonpost.com/technology/2024/02/01/elon-musk-wealth-net-worth-companies/

Updated June 15, 2024

Elon Musk’s wealth grew this week as Tesla’s stock price climbed after the company voted to reapprove the billionaire’s $50 billion pay package. The move comes just months after a Delaware court invalidated his compensation package and ordered him to return significant stock options he had been awarded over the past five years.

Musk derives most of his $203 billion net worth, according to the Bloomberg Billionaires Index, from his stakes in various companies.

Here’s where the entrepreneur holds his wealth.

Judge orders Tesla to undo Elon Musk’s $56 billion pay package

Musk holds Tesla shares and options totaling about $120 billion — the majority of his wealth.

Musk’s compensation package that was reapproved this week — the largest ever at a U.S. public company — was the crux of the Delaware Chancery Court lawsuit after a shareholder sued. A judge ruled the package unfair, saying that Musk had cozy relationships with two of the board members who constructed the deal and that he controlled too much of the process.

In response, Tesla held another vote with shareholders to reapprove the pay package. It passed by a wide margin this week.

Musk has repeatedly asserted his commitment to Tesla, where he has served as CEO since 2008. The company has been called the crown jewel of Musk’s portfolio.

TESLA
Musk’s role: CEO, co-founder
Musk’s stake: 13 percent
Musk’s stake value: $73 billion in shares, $47 billion in options


How the deal that made Musk the world’s richest person could unravel

A Delaware court ruled Musk’s $56 billion pay package was unfair to Tesla shareholders. Musk threatened to move the company to Texas. Here’s what happens next.

February 1, 2024

https://www.washingtonpost.com/technology/2024/02/01/musk-tesla-compensation-package-delaware/


Tesla made electric cars mainstream, and it has global ambitions. After starting with a sporty convertible, the Roadster, Tesla has gradually expanded to sedans.

Its Autopilot technology is one of the most widespread driver-assistance systems on the market, available in millions of cars on the road. However, Tesla recently issued a recall to implement additional safeguards to the feature through a software update. The features have ignited controversy and have been involved in numerous fatal car crashes, according to Post investigations.


SPACEx

Musk’s role: CEO, founder
Musk’s stake: 42 percent
Musk’s stake value: $71.2 billion


Musk’s ambitions aren’t limited to Earth — he wants humans to land on Mars. Musk founded SpaceX, a private firm that builds rockets and satellites, in 2002. The company has worked with NASA to conduct space launches and make trips to the International Space Station as it has pioneered reusable rockets.

SpaceX intends to return astronauts to the moon — working on NASA’s first human mission to the moon’s south pole, slated for 2026.

Musk has characterized SpaceX as an extension of his mission at Tesla. “We must safeguard the future of life by transitioning to sustainable energy on Earth & becoming multiplanetary via Mars,” he wrote in a post on X. “It’s not clear how much time we have to do these things, but sooner is definitely better.”


Spectacular Space X Launch Sends Tesla Roadster Into Orbit





X, formerly Twitter

Musk’s role: Owner
Musk stake: 79 percent
Musk’s stake value: $7.1 billion

Musk bought Twitter for about $44 billion in a controversial deal in 2022 and renamed the company X last year. Since the acquisition, the billionaire has laid off a majority of the company’s staff and hired a new CEO, Linda Yaccarino.

X has struggled with waning advertiser confidence, as brands grow wary of Musk’s contentious public comments. Investors have also expressed concern about the company’s finances. X is now estimated to be worth less than half of what Twitter was valued at the time of the takeover.

But Musk has said that user numbers on X are growing and has dismissed concerns about waning interest in the site.

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https://www.teslatakedown.com/

A Peaceful Protest Movement

Sell Your Teslas
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Join the Global Day of Protest! March 29th! 2025
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https://cldc.org/know-your-rights/


https://actionnetwork.org/event_campaigns/teslatakedown


Elon Musk is destroying our democracy, and he's using the fortune he built at Tesla to do it. We are taking action at Tesla to stop Musk's illegal coup.





Tesla Takedown Protest Chattanooga
Friday, March 21, 2025 10:00 AM • Shallowford Rd between Gunbarrel Rd & Lifestyle Way•7329 Shallowford Rd, Chattanooga Tn , Chattanooga , TN 37421 US
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TeslaTakedown
Friday, March 21, 2025 11:30 AM • Tesla West LA•11163 Santa Monica Blvd., Los Angeles, CA 90025 US
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No to Elon! No to DOGE! Demonstration at Vermont Tesla Showroom
Friday, March 21, 2025 4:00 PM • Shelburne Rd in front of Tesla Store •1001 Shelburne Rd, South Burlington, VT 05403 US
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Peaceful Tesla Takedown Protest
Friday, March 21, 2025 4:30 PM • Tesla Dealership - So SLC•2312 South State Street, South Salt Lake City, UT 84115 US
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3/21 Tesla Takedown - Alhambra
Friday, March 21, 2025 5:00 PM • Tesla Dealership•1200 W. Main Street, Alhambra, CA 91801 US
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TESLA TAKEDOWN IN MORAINE OHIO
Friday, March 21, 2025 5:00 PM • TESLA •1927 W Dorothy Lane , Moraine, OH 45439 US
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Tesla Takedown Tempe
Saturday, March 22, 2025 10:00 AM • Tempe Tesla•2077 E University Dr, Tempe, AZ 20851 US
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Tesla Takedown
Saturday, March 22, 2025 10:00 AM • Tesla Showroom •1323 Motor City Dr. , Colorado Springs, CO 80905 US
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Tesla Takedown Canada
Saturday, March 22, 2025 10:00 AM • Tesla Kitchener•663 Victoria St N, Kitchener, ON N2H 5G3, Kitchener, ON N2H 5G3 CA
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#Tesla Takedown South Lake Union
Saturday, March 22, 2025 10:00 AM • Tesla Showroom•435 Westlake Ave N, Seattle, WA 98109 US



About Musk, Tesla and DOGE
How to Divest from Tesla!

The Funds that hold Tesla Stock

Check out the BetterThanATesla site for alternatives!

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Tesla Takedown Press
Tesla Takeover: How the Protests Against Elon Musk Signal a National Turning Point - Rolling Stone
https://www.rollingstone.com/politics/political-commentary/elon-musk-tesla-takeover-protests-1235276235/
Watch our Mass Call!

‘Tesla Takedown’ protesters gather outside showrooms to rally against Elon Musk’s role with DOGE - CNN

Growing protests target Tesla showrooms with Mariachi bands, raccoon puppets, and cardboard Cybertrucks - Business Insider

What to know about the #TeslaTakedown movement targeting Elon Musk and DOGE - Axios

Outside Tesla in the Philly suburbs, the green shoots of an American uprising - The Philadelphia Inquirer

'We Are Growing': Tesla Takeover Protests Aren't Over, Filmmaker Says - InsideEVs

‘Tesla Takedown’ wants to hit Elon Musk where it hurts - The Verge
 
'Sell your Teslas, dump your stock' — Tesla protests, Musk's tanking popularity hit EV maker at bad time - Yahoo Finance

‘Tesla Takedown’ protesters say they’re just getting started denouncing DOGE at dealerships - Fast Company

How this weekend’s ‘Tesla Takeover’ protests against Elon Musk came together on Bluesky - TechCrunch

It will be hard to dislodge Elon Musk — but not impossible - MSNBC

The People are Taking Down Tesla ft. Alex Winter - System Crash

The Tesla Takedown Has Begun. A National Protest Movement Seeks to Strike a Blow to Elon Musk’s Net Worth - Inc. Magazine

Tesla showrooms are being hit by a wave of anti-DOGE protests - Fast Company

Protesters swarm SF’s Tesla showroom, decrying Musk and DOGE

National boycott of Tesla urged to protest Elon Musk's moves to "destroy our democracy"

Protest against Tesla outside Seattle showroom | FOX 13 Seattle

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