Seth Meyers Jokes Elon Musk ‘Can Only Afford to Wear the One Outfit’ Because of Tesla Stock Crash | Video

"That's why it always looks like he was dropped naked into a Hot Topic with only $80 to spend," the NBC host jokes The post Seth Meyers Jokes Elon Musk ‘Can Only Afford to Wear the One Outfit’ Because of Tesla Stock Crash | Video appeared first on TheWrap.

Mar 13, 2025 - 15:34
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Seth Meyers Jokes Elon Musk ‘Can Only Afford to Wear the One Outfit’ Because of Tesla Stock Crash | Video

Elon Musk seems to have adopted a pair of jeans, a t-shirt, a sport coat and a baseball cap as his go-to outfit, but Seth Meyers is pretty sure that’s due to the fact that Tesla’s stock has been crashing for weeks now.

During his “A Closer Look” segment on Wednesday night, the NBC host made a point to spotlight the fact that Donald Trump’s tariffs and economic policies have sent the stock market as a whole reeling in recent days.

But Meyers also made sure to point out that Trump’s buddy Musk has been struggling for longer, with his companies losing exorbitant amounts of money for weeks now.

“That’s right, Elon Musk is lost billions of dollars. It’s so bad he can only afford to wear the one outfit, you know?” Meyers joked. “That’s why it always looks like he was dropped naked into a Hot Topic with only $80 to spend.”

Tesla in particular has seen a dramatic decrease in sales, in large part due to consumers boycotting the company, with many Tesla owners getting rid of their cars. So, on Tuesday, Trump opted to buy himself a Tesla, turning the White House lawn into a car dealership and bringing press out to watch the whole thing (Whoopi Goldberg even wrote a commercial jingle for it).

During the shopping trip, one reporter asked if Trump would consider getting a vanity plate for the car, and at that, Meyers had a suggestion.

“How about a vanity acronym? Something like Making Incredible Changes in Reviving the Office of the President?” he joked. “That would look great on the back of a Tesla.”

To save you a bit of deciphering, that acronym would spell out: “MICRO P.”

You can watch Seth Meyers’ full “A Closer Look” segment in the video above.

The post Seth Meyers Jokes Elon Musk ‘Can Only Afford to Wear the One Outfit’ Because of Tesla Stock Crash | Video appeared first on TheWrap.