• hector@lemmy.today
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      1 hour ago

      It is divorced from stock value. Might as well be bitcoin, as long as people bet it has to fall, they are there to bet it up.

    • Thorry@feddit.org
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      18 hours ago

      They’ve all but admitted they are pivoting to AI solutions and are pulling out of the car business. They want the stock market to treat them like a startup and invest heavily. And given the level of memery for even a memestock, it will probably somehow work.