Government To Pay Certain People Who Bought Tesla Stock
Daily WireAPR 2022
Report: Musk Wants Hiring Freeze, 10% Staff Cut at Tesla
Image copyright: Getty Images [via Business Insider]
The Spin
Right narrative
Things clearly aren't as sunny as the Biden administration would have us believe. There's still a lot of anxiety over a profit recession because consumers are working down their savings, and their spending will inevitably slow down soon. What's happening at Tesla will happen everywhere without better economic policies.
Left narrative
While the jury's still out on whether a recession is coming, the downturn at Tesla is self-inflicted. There's been no fall in demand for Tesla cars or other EVs; Tesla's stock price dipped when Musk began his still-pending pursuit of Twitter. Now this message goes public, further decreasing the stock price.