• cronenthal@discuss.tchncs.de
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    12 days ago

    And yet, the stock barely reacted. It’s really a gamble on Elon’s ability to keep the scam going and growing at this point. Wouldn’t recommend for investors, would recommend for idiots.

      • CosmoNova@lemmy.world
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        12 days ago

        And now he lies about robot butlers in every household becoming a thing. I can not wait to see what Sci-fi novel he lazily copies next.

        • SaveTheTuaHawk@lemmy.ca
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          11 days ago

          Even if robo taxis appear, how much money do people think is in taxis? Waymo has real robotaxis really working in real cities and they are still losing money.

          Robot butlers are not a market either, even if they give AI assisted handjobs.

          • jj4211@lemmy.world
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            11 days ago

            Oh robot butlers would be huge, but no one is even vaguely close to that. All the demos have been remote controlled, demonstrating that can make dumb robots, but that’s not really new…

  • 5oap10116@lemmy.world
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    12 days ago

    I see tesla profits down articles every day here but their stock is at an all timeish high. Whats the dealio?

    • IronBird@lemmy.world
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      12 days ago

      tldr, price action overall is easily manipulated by articial selling/buying pressure alongside predictable cyclical market events, due to unique rules certain features of the US markets have. rules which the majority of the world fixed in their own markets after 2000/2008 but the US kept because those rules are specifically designed to allow for blatant price manipulation (which makes it incredibly easy for those in the know, especially wallstreet/banks to suck up $)

  • Jo Miran@lemmy.ml
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    12 days ago

    Almost all of this is Elon’s fault. Sure, a small percentage is Byd, but it’s mostly Elon. Toxic brand.

  • jj4211@lemmy.world
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    11 days ago

    Don’t worry, while they may have worse business results than a lot of other companies, displaying steeper loss of market, whose non car initiative have failed, whose leader squandered his reputation to throw in with a political movement that hates EVs in hopes of political clout that evaporated within a few months…

    They still have a market cap bigger than all their competitors combined, because why not…

  • db2@lemmy.world
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    12 days ago

    Darn, how terrible. Anyway, have you guys watched Pluribus yet? It’s pretty good.