Next time someone criticizes my coverage of Elon Musk and says something along the lines of "have you built the first successful EV company or launched rockets into space? Then you shouldn't comment!" I'm going to point out that the answer is no, but I've also never destroyed this much shareholder value in a year.
@mmasnick have you seen how Ford is doing this year?
@mmasnick , true. Only 50% drop. My point is that what is happening to Tesla is happening across the tech industry. Often in the automotive industry. The difference between Ford and Tesla isn't really significant, if you owned either of them, you're sobbing right now. The Tesla drop in value isn't the own against Musk many people think it is.
@JonKramer still a smaller YTD drop.