Please more!!!

  • vga@sopuli.xyz
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    7 hours ago

    Aand still +30% from year ago.

    Is “Tesla is going bankrupt” then new “Putin has cancer”?

  • phx@lemmy.ca
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    15 hours ago

    If your erection lasts for more than 1h, see a medical professional or stop watching the Tesla stock prices

  • sqgl@beehaw.org
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    16 hours ago

    The stocks are merely at pre-election levels and look like they have now stabilized unfortunately.

    • Rob Bos@lemmy.ca
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      14 hours ago

      Down 5% today, not super stable. Could have been a dead cat bounce last week.

      • sqgl@beehaw.org
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        13 hours ago

        The instability is great for inside traders eg those who knew about the Whitehouse lawn stunt in advance. That was not a dead cat bounce, it was the stunt.

        But the trend since the stunt has been stable enough.

        I certainly will be looking at the graph each day rather than reading articles describing it.

        Reminds me of how people laugh at the yo-yo tariffs, totally ignoring how insider trader buddies of Trump must love it. Is an overall economic decline going to bother them in comparison?

    • sanzky@beehaw.org
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      21 hours ago

      they have only survived so far because hype and government money. they have never been profitable. the stock could halve again and it would still be overvalued

      • Reil@beehaw.org
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        18 hours ago

        It’s like 20x too high as it stands going by p/e ratios compared to the rest of the auto industry. Like 5-6x too big compared to tech companies. It’s wild.

  • cygnus@lemmy.ca
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    23 hours ago

    That’s illegal! TSLA is not allowed to drop. Prepare for your mandatory stock purchase, citizen.

    • teawrecks@sopuli.xyz
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      12 hours ago

      And then the citizens will own a chunk of Tesla? And we will see our investment pay off when it does well?

      Pretend I made that into padme/anakin meme.

  • mesa@piefed.social
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    22 hours ago

    At the end of the day, there are actually better electric cars now for the price. Even starlink is starting to get major market competition for cheaper.

      • Kichae@lemmy.ca
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        21 hours ago

        Everyone and their dog wants to gunk up LEO with their soon-to-end-space-flight-forever space junk

        • Byter@lemmy.one
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          19 hours ago

          Objects in LEO fall quickly (months to single-digit years) without station-keeping, mostly from atmospheric drag. Anything we put there wouldn’t contribute to a long-term Kessler Syndrome situation. It’s geosynchronous Earth orbit (GEO) we have to worry about, but once you’re up that high there’s a lot more room for everything.

          • Kichae@lemmy.ca
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            21 minutes ago

            Kessler syndrome is specifically about LEO, and the damage done by debris from collissions, though. Like, that was Kessler’s whole thing.

  • ivanovsky@lemm.ee
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    21 hours ago

    Disclaimer: I’m stock illiterate. Are his other companies also trending down? Or are they not publicly traded or whatever? Is it known what % of his wealth comes from Tesla (vs Starlink or SpaceX)?

    • jansk@beehaw.org
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      21 hours ago

      Most of his other companies are not publicly traded, so there isn’t much direct comparison. But Tesla has widely been known to be hugely over-inflated for years and years now, the bubble had to burst sooner or later. It is definitely being hit harder than the rest.

    • 1984@lemmy.today
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      21 hours ago

      I did tonight, made 700 bucks. Not complaining.

      But im not going to hold Tesla. Its going down on next revenue report when people see the sales.

    • towerful@programming.dev
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      20 hours ago

      Pretty sure that and the White House advert halted the dip the last few days.
      Except fElon hasn’t changed, so down it goes!

      • sqgl@beehaw.org
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        16 hours ago

        It didn’t halt, it was boosted. That is how insider trading works. Same with the yo-yo tariffs.

  • lobut@lemmy.ca
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    22 hours ago

    I wonder if Elon is probably going to bail on Tesla after he gets all his SpaceX stock hooked into government contracts and stuff.

    • GreyEyedGhost@lemmy.ca
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      18 hours ago

      Some youtuber was saying as much. A lot of his wealth is tied up in Tesla and a lot of Tesla’s valuation is tied up in Musk. But Starlink is making far more than Tesla, he owns a larger portion of it than Tesla, and he’s selling Tesla shares. If he makes the right moves he can entirely walk away from Tesla and leave the shareholders holding the bag.

        • GreyEyedGhost@lemmy.ca
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          16 hours ago

          Pretty sure he can’t, since he isn’t a normal person, just like he and the rest of the board have to announce any shares they buy or sell.

    • bradorsomething@ttrpg.network
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      19 hours ago

      You jest, but futures can actually go negative. At one point during covid a tanker shortage meant you could be paid a few $100 to accept delivery of a barrel of crude. Some people were joking about filling their swimming pools.