1035
submitted 4 months ago by MicroWave@lemmy.world to c/world@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] OhNoMoreLemmy@lemmy.ml 17 points 4 months ago

The problem is that Tesla is a meme stock. It's stupidly overpriced for a car company with such little production.

They could get rid of musk and try to turn it into a normal company with solid fundamentals but this would remove its meme status and crash the share price anyway.

There's no way to fix Tesla without burning it's stock price to the ground, so anyone involved is just going to try to ride the crazy train as long as possible.

Come on Elon, make the Cybertruck 2 and really fuck everything up.

[-] spidermanchild@sh.itjust.works 7 points 4 months ago

Exactly. What I don't understand is how everyone knows this, but somehow the stock is still high. Somehow Elon is singlehandedly keeping the stock up while doing literally nothing to help the company, make it make sense.

[-] capital@lemmy.world 4 points 4 months ago

No, it’s an AI company now bro. Trust me.

this post was submitted on 09 Aug 2024
1035 points (98.0% liked)

World News

39385 readers
3464 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS