• 5oap10116@lemmy.world
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    2 hours ago

    I see tesla profits down articles every day here but their stock is at an all timeish high. Whats the dealio?

    • MadPsyentist@lemmy.nz
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      23 minutes ago

      “The Market Can Remain Irrational Longer Than You Can Remain Solvent” - Luke Skywalker

  • IWW4@lemmy.zip
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    4 hours ago

    Looooooooooooolllll

    Deep breath, no seriously…

    Bwahahahahahaha

    • BillyClark@piefed.social
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      6 hours ago

      It’s irritating to see him looting the company like that when he actually delivers negative value to the company otherwise. Literally it would be better for Tesla to give those bonuses to some random person on the street than to Musk.

      • dogslayeggs@lemmy.world
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        1 hour ago

        Can you imagine the sales bump from the positive PR if they had given 500 random strangers a million dollars instead of giving it to Elon? Absolute worst case they would have sold roughly 499 more cars.

      • SaveTheTuaHawk@lemmy.ca
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        5 hours ago

        The cult is about Musk, not Tesla. If they lose Musk, the stans will leave and it’s a $15 stock, maybe.

      • UnspecificGravity@piefed.social
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        5 hours ago

        It wouldn’t though because the only reason Tesla isn’t trading at 1/100th the current price is because of Musk. It isn’t a company that makes cars, its a company that makes bullshit stock value, and its really good at that.

  • cronenthal@discuss.tchncs.de
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    7 hours ago

    And yet, the stock barely reacted. It’s really a gamble on Elon’s ability to keep the scam going and growing at this point. Wouldn’t recommend for investors, would recommend for idiots.

  • Jo Miran@lemmy.ml
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    6 hours ago

    Almost all of this is Elon’s fault. Sure, a small percentage is Byd, but it’s mostly Elon. Toxic brand.

  • db2@lemmy.world
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    6 hours ago

    Darn, how terrible. Anyway, have you guys watched Pluribus yet? It’s pretty good.