Contents
- 1 Timeline of Elon Musk’s Dark Day
- 1.1 March 10, 8:54 AM EDT – X Crashes Worldwide
- 1.2 March 10, 9:42 AM – Musk Calls a U.S. Senator a ‘Traitor’
- 1.3 March 10, 3:45 PM – Media Matters Sues X
- 1.4 March 10, 4:00 PM – Tesla’s Stock Crashes 15%
- 1.5 March 10, 4:30 PM – Musk’s Awkward Fox Business Interview
- 1.6 March 10, 4:56 PM – Musk Responds to Tesla’s Crash
- 1.7 March 10, 10:13 PM – Court Ruling Against Musk’s Agency
- 1.8 March 10, 10:18 PM – Musk Blames a ‘Targeted Attack’
- 1.9 March 11, 12:14 AM – Trump Backs Musk
- 1.10 March 11, 8:22 AM – Top Analyst Warns Musk Must Step Up
- 1.11 Massive Financial Loss for Musk
- 1.12 Tesla Stock Sees a Small Rebound
- 1.13 Key Takeaways
- 1.14 Final Thoughts
Elon Musk’s Worst 24 Hours: X Crash, Tesla’s $22.8B Plunge, and More
peepsburgh.com – Elon Musk, the world’s richest man, faced one of his most challenging days on March 10, dealing with a major X outage, a massive drop in Tesla’s stock, and intense criticism from political figures. Here’s a detailed timeline of his rough 24 hours and what it means for his empire.
Timeline of Elon Musk’s Dark Day
March 10, 8:54 AM EDT – X Crashes Worldwide
Users report widespread outages on X. Musk blames a “massive cyberattack” but experts warn it’s too early to determine the cause.
March 10, 9:42 AM – Musk Calls a U.S. Senator a ‘Traitor’
Musk labels Sen. Mark Kelly a “traitor” for supporting Ukraine, triggering political backlash.
March 10, 3:45 PM – Media Matters Sues X
The watchdog group sues X, accusing Musk of a “vendetta-driven campaign of libel tourism.”
March 10, 4:00 PM – Tesla’s Stock Crashes 15%
Tesla experiences its worst daily stock loss since September, dropping 15% amid investor concerns.
March 10, 4:30 PM – Musk’s Awkward Fox Business Interview
Musk struggles through an interview, admitting he’s juggling responsibilities “with great difficulty.”
March 10, 4:56 PM – Musk Responds to Tesla’s Crash
Musk remains optimistic, stating, “It will be fine long-term.”
March 10, 10:13 PM – Court Ruling Against Musk’s Agency
A judge rules against Musk’s DOGE agency, demanding greater transparency.
March 10, 10:18 PM – Musk Blames a ‘Targeted Attack’
Musk suggests he is being unfairly blamed for economic downturns.
March 11, 12:14 AM – Trump Backs Musk
Donald Trump pledges to buy a Tesla as a “show of confidence” in Musk.
March 11, 8:22 AM – Top Analyst Warns Musk Must Step Up
Dan Ives of Wedbush Securities warns that investor patience is wearing thin.
Massive Financial Loss for Musk
Musk’s net worth plummeted by $22.8 billion in a single day due to Tesla’s stock collapse—more than the entire fortune of media mogul Rupert Murdoch ($22.7 billion).
Tesla Stock Sees a Small Rebound
Despite Monday’s catastrophic loss, Tesla shares recovered slightly on Tuesday morning, rising by 6% before settling at a 1% gain by 11 AM EDT. However, Tesla remains the worst-performing stock in the S&P 500 in 2025, with a 45% year-to-date decline.
Key Takeaways
- X suffered a major outage, which Musk blamed on a cyberattack.
- Musk’s attack on Sen. Mark Kelly sparked bipartisan backlash.
- Tesla stock plunged 15%, erasing billions from Musk’s wealth.
- Musk’s awkward Fox interview did little to calm investors.
- Trump publicly backed Musk, while top analysts urged Musk to focus on Tesla.
Final Thoughts
Musk may still be the richest person in the world ($325 billion), but his recent string of controversies and Tesla’s financial troubles raise serious concerns about his leadership and the future of his empire. Can he turn things around, or is this the beginning of a larger decline?
