And I don't understand why a serious media outlet is covering this at all. The entire article could be irrelevant the next day.

Without any actual, meaningful news coming out of the company (important financial update, new product, bankruptcy etc), stock price moves are only meaningful to day traders, not anyone who is doing serious investing. LA Times is making themselves the same as CNBC or sources you find on Yahoo finance.

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grosswait a day ago | parent [-]

Because anti-Elon thinking is a thing that really seems to impact the judgement of some people and this kind of news really gets them to engage

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root_axis a day ago | parent | next [-]

The "anti-Elon thinking" comes from the things Elon says and does.

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mparramon 9 hours ago | parent [-]

Like?

	▲	root_axis an hour ago \| parent [-]
		Inflammatory partisan and identity politics activism. Directly interfering in the u.s. government A consistent pattern of grandiose over-promising and under-delivering in his products (FSD, robotaxis, electric-semi, boring company etc) and plenty more

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small_model a day ago | parent | prev [-]

Bingo, hacker news has this tendency hence this is on the front page.