'Won’t be long before’ Target gets sued: Elon Musk rips retailer

Elon Musk made his presence felt when he chimed in on a tweet about Target stock taking a tumble like Scarlett did years ago when she fell on a coffee table. Charlie Kirk said in a tweet: "BREAKING: JP Morgan just downgraded Target's stock, after its longest losing streak in 23 years citing "too many concerns rising’. Happy Pride Month Target!!"

Elon Musk responded in a tweet, saying: "Won’t be long before there are class-action lawsuits by shareholders against the company and board of directors for destruction of shareholder value."

A report on Daily Wire says Target was having 'emergency' calls to figure out how to handle the backlash from shoppers upset with the 'pride' merchandise put on shelves where children can see them, even featuring items that were for children, and then bathing suits that were 'tuck friendly' which a huge amount of parents found to be completely 'repulsive' as they said on social media. Shoppers accused Target of being 'groomers' in heated online posts and demanded the 'pride' merchandise be taken down.

Daily Wire's report had some information about a conversation between Fox News and an insider at Target:
“We were given 36 hours, told to take all of our Pride stuff, the entire section, and move it into a section that’s a third the size. From the front of the store to the back of the store, you can’t have anything on mannequins and no large signage,” a Target insider told Fox News.The woke company has since faced boycotts, lost more than $12 billion in market value, and faced its longest losing streak in years.JP Morgan said that it was downgrading Target’s stock because of the “recent company controversies.”

At some point companies will have to stop pandering to a small minority crowd for 'woke' cookie points because it's upsetting the majority of Americans and causing companies to lose millions or billions in market value. Those kind of losses are not sustainable and there's not enough 'woke' customers to buy enough 'pride' gear to make up for all the losses.

It is in every company's best interest to stay out of politics, especially woke politics, and just focus on selling a superb product for the customers. Donald Trump said it best: "everything woke turns to sh*t."
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Comments (1)

laCross
2 years ago
Profile the management, you will likely find an inordinate number of kinkoes. Culture change happens as kinkoes gain rank in an organization-- when they get hiring authority, they hire nothing but fellow kinkoes. Soon, the entire culture is transformed.