Mentioned casually to a colleague who said he owned a bunch of Tesla shares that he might consider taking his profits and putting them in a nice mutual fund, since Musk is "getting wackier by the day." I wonder if he took that free advice...
(Keeping in mind that a falling price means more sellers than buyers at prior price points, so people ARE trimming/exiting positions.)
@Bix and usually investors reward companies for layoffs.