As Elon Musk's Tesla is feeling the hurt, president Donald Trump's Truth Social meme stock is suffering a noticeably similar fate. Not unlike the EV maker's shares, Truth Social's owner Trump Media & Technology Group (TMTG) has wiped out half of its value since Trump was inaugurated. Meanwhile, Tesla shares are similarly down 45 percent over the same period. In fact, Trump's dubious social media scheme was performing far better when former president Joe Biden was still in office, with shares rocketing in early 2024 after merging with a special purpose acquisition company. The extremely volatile stock has been on […]

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Link :
https://futurism.com/trumps-failing-truth-social-better-biden