314
submitted 6 days ago* (last edited 6 days ago) by rimu@piefed.social to c/news@lemmy.world

$1 trillion, lol

you are viewing a single comment's thread
view the rest of the comments
[-] AlecSadler 31 points 5 days ago

His last pay package faced pushback, too, and was still granted.

I don't expect any less of this one.

I also don't understand how this company is so overvalued when, as of late, it isn't growing.

[-] yakko@feddit.uk 26 points 5 days ago

Market cap has absolutely nothing to do with reality. You can be a company with $100 in the bank and still have the whole company value be $50 according to Wall Street. Luckily this is a perfect system, and it can continue indefinitely without hurting anyone or breaking anything!

[-] AlecSadler 5 points 5 days ago

Yeah, I realize this, but what I don't get is "why".

Typically there are malicious players, a game to be won, etc. - why is Tesla propped up? I can't figure out the reason.

[-] yakko@feddit.uk 7 points 5 days ago

There's a lot of money to be made destroying companies. Sophisticated financial instruments like swaps, leveraged buyouts, and death spiral financing can be used to vampirically destroy publicly traded companies. You buy a controlling share using debt, install a bunch of overpaid C-suite execs who sell all their shares and hire overpaid consultants to tell them useless shit, meanwhile the fundamentals of the business erode, corporate media goes negative on command while your hedge fund buddies short the shit out of it. Sooner or later the whole thing goes bankrupt and private equity buzzards swoop in to snap up whatever value remains.

I haven't had coffee yet so this is not an essay, only a mild rant. I'm not gonna die on any of these hills right now, it's my day off.

[-] yakko@feddit.uk 5 points 5 days ago

Second thoughts here: TSLA is ascendant because Musk is emblematic of billionaires everywhere - deeply mediocre, undeserving, predatory, and absolutely confident that he's the greatest fucker in the world.

It's the new Business Plot basically - they chose their new stooges carefully this time, choosing men with absolutely zero moral fibre. Smedley Butler would never have gotten them this far.

[-] Bronzebeard@lemmy.zip 2 points 5 days ago

If the company has negative revenue, that would make sense. Prices are somewhat forward looking. It's not just a statement if physically held assets at that exact moment

[-] yakko@feddit.uk 6 points 5 days ago* (last edited 5 days ago)

I've seen this happen with a company that increasingly beat earnings (and is EPS positive) every quarter this year. Wall Street doesn't care because it has already made up its mind what has to happen.

[-] MagicShel@lemmy.zip 2 points 5 days ago

Sounds like a great investment opportunity.

[-] yakko@feddit.uk 2 points 5 days ago

Time will tell.

this post was submitted on 18 Oct 2025
314 points (100.0% liked)

News

32886 readers
2364 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS