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this post was submitted on 26 Feb 2025
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For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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Tesla is currently four times as big as Toyota by market capitalization.
...But that number is total BS, just gambler's hype, it doesn't actually represent how "big" a company is. Like, I'm more "pro investment" than most of Lemmy and subscribe to the Buffet ideology that stocks aren't a total gamble, but Tesla's stock price has been untethered from reality for years. The idea that they would somehow take over the entire auto market (as the price suggests) makes zero sense.
Yeap, a lot of people confuse market capitalization with market share. The two should be somewhat intrinsically tethered in some way, but a lot of investing nowadays is purely speculation based on marketing (aka lying).