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[-] Corngood@lemmy.ml 33 points 1 day ago* (last edited 17 hours ago)

Tesla's valuation never made sense, and now its target market is limited to environmentally conscious Nazis.

[-] Opinionhaver@feddit.uk 18 points 1 day ago

Up 25% from a year ago nevertheless.

[-] PrettyFlyForAFatGuy@feddit.uk 4 points 16 hours ago

My dad was invested in Tesla and i convinced him to sell with this one simple truth

There is very little overlap in the venn diagram of people who would buy teslas and the people who think what musk is doing is good.

he is seriously pissing off his customer base

[-] kameecoding@lemmy.world 5 points 22 hours ago

Yeah, but this time investors might actively start dumping shares, because teslas stock was already ridiculously over inflated and their sales are now starting to decline and the legacy automakers are catching up, while the chinese curb stomped tesla already

[-] Tailzse836@lemm.ee 67 points 1 day ago

Whats crazy is that even after losing more than half its value recently, it still has a PE ratio of around 128. Lol Can’t wait for the earnings to be released in April for the real bloodbath to start. Would be hilarious if it drops so much that FElon get’s margin called 😂

[-] Benjaben@lemmy.world 10 points 1 day ago

That would be wild lol. Trump has a storied history of turning on people who expend their usefulness to him, and often viciously. Many of the things that prop Musk up now can switch and work against him.

[-] ArghlBarghlFooFera@feddit.org 116 points 1 day ago

Well, I think it can go lower. Much lower.

[-] jumperalex@lemmy.world 27 points 1 day ago

I don't believe you. PROVE IT!!!

[-] ArghlBarghlFooFera@feddit.org 5 points 1 day ago

I think we can all prove it together.

[-] DarkSurferZA@lemmy.world 13 points 1 day ago

Steepest drop in 5 years, so far...

Too lazy to make the meme. But y'all know

[-] buycanadiandeals@lemmy.ca 15 points 1 day ago

We are just getting started...

[-] usernamesAreTricky@lemmy.ml 46 points 1 day ago

Keep boycotting, and join protests outside Tesla showrooms. ~60% of Musk's wealth is in Tesla shares. Tank the stock and tank his wealth and thus influence

There are protests all across the US and starting to spring up in other countries. Here's a list of upcoming ones + a guide to help organize one around you if none exist

https://actionnetwork.org/event_campaigns/teslatakedown

[-] CharlesDarwin@lemmy.world 13 points 1 day ago

The guy is a welfare queen who thinks he's a hero from one of Ayn Rand's horrible sci-fi novels.

It's too bad he'll be able to send more money to his companies because he bought little d.

[-] usernamesAreTricky@lemmy.ml 4 points 1 day ago* (last edited 1 day ago)

Tesla share price is largely off of vibes, not how the company is actually doing. Boycotts and protests hurt the vibes more than the Trump money slush fund helps the vibes

If it was prices like every other automaker based on profit, it'd be enormously lower in price than it is

[-] CharlesDarwin@lemmy.world 3 points 1 day ago

vibes

Oh, I don't doubt it for a minute. I've been giving that P/E ratio side-eye for years and years and I have no idea why people were wanting to buy some meme stock at ATHs because they just saw it go up (well, I do know, that's largely how human psychology works, I guess. FOMO and figuring that looking in the rear view mirror is a great way to buy stock).

VW has an EV, P/E ratio in single digits now, though it has apparently spiked in 2016 to triple digits. Ford also has an EV, same thing, P/E ratio of single digits, though they have crept up to double digits in the not too distant past.

P/E ratio of TSLA in March 7, 2025 - 161.23. That's still insane, but if you look back, they had P/E ratio over a 1100!

It gets even worse when you watch videos like the ones thunderf00t has put out there on fElon...

[-] ripcord@lemmy.world 9 points 1 day ago

Tesla wealth is what he'd been leveraging for a lot of the rest of the companies, too.

[-] Numinous_Ylem@lemmy.world 41 points 1 day ago

Those are rookie numbers... I hope see it drop to its pre-pandemic valuation over the next year 📉

[-] Hideakikarate@sh.itjust.works 33 points 1 day ago

Why stop there? Let's see how low it can go.

[-] some_guy@lemmy.sdf.org 17 points 1 day ago

Time for a game of limbo.

[-] kreskin@lemmy.world 24 points 1 day ago

This is the best news I have heard in the US in like a year.

[-] Nfamwap@lemmy.world 21 points 1 day ago
[-] TheGreyGhost@lemmy.ml 14 points 1 day ago
[-] ininewcrow@lemmy.ca 12 points 1 day ago

I wonder what crisis they're going to create to distract, dismiss or deny that this is happening

[-] My_IFAKs___gone@lemmy.world 7 points 1 day ago

"Trans immigrants are forcing dogs to transition to match their owners' gender and then they're eating them and it's happening in every blue state and tariffs are the only way to fight it"

[-] CharlesDarwin@lemmy.world 2 points 1 day ago

Many people are saying. Just like turning mice transgender. It's just incredible.

[-] some_guy@lemmy.sdf.org 4 points 1 day ago

Someone bring hotdogs and marshmallows for this dumpster fire.

[-] catloaf@lemm.ee 2 points 1 day ago

I too love industrial carcinogens in my food

[-] CharlesDarwin@lemmy.world 1 points 1 day ago
this post was submitted on 10 Mar 2025
594 points (100.0% liked)

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