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[-] Ilixtze@lemmy.ml 62 points 3 weeks ago

One would expect the stock to be around 5 dollars after this, but the US economy is such a scam.

[-] buddascrayon@lemmy.world 27 points 3 weeks ago

No, it's his cultish stockholders. They believe that now he's out of Washington DC he will reinvigorate the brand with his "genius". They honestly believe he's fucking IRL Tony Stark instead of the snake oil salesman he's always been.

[-] kn0wmad1c@programming.dev 8 points 3 weeks ago* (last edited 3 weeks ago)

You're not wrong, but the stock market isn't the economy.

[-] SuspiciousCatThing@pawb.social 7 points 3 weeks ago

I'm sure our government will make sure he doesn't lose tooo much money.

[-] hanrahan@slrpnk.net 6 points 3 weeks ago

Plenty of time yet, Virgin Galatic was as high as $1200 from memory, now at 25c.

Thay said, they still sell a shit load of cars.

[-] Laser@feddit.org 2 points 3 weeks ago

Thay said, they still sell a shit load of cars.

It's only a meaningful metric if there are margins in these sales, which I'm not totally doubting, but the number alone doesn't tell everything

[-] RejZoR@lemmy.ml 5 points 3 weeks ago

The fact that Tesla is valutated at such absurd numbers all based on bs speculations on their FSD and robotaxies, none of which even works well and isn't years late.

this post was submitted on 04 Jul 2025
223 points (100.0% liked)

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