Why does it feel like Elon is artificially boosting his companies? (programming.dev)

submitted 1 month ago by kn0wmad1c@programming.dev to c/asklemmy@lemmy.world

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Tesla dealerships are getting protested and, in some cases, vandalized. Sales are down on 9 of the top 10 countries Tesla sells in. Yet Tesla stock is up. Twitter is a cesspool of nazi-themed bots, and somehow just pulled in $1bn and raised its valuation back up to $44bn.

How is any of this possible? It seems really artificial to me, but I don't really understand business.

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[-] Clent@lemmy.dbzer0.com 0 points 4 weeks ago

We don't want Chinese dumping their cars and leading to the loss of even more manufacturing jobs in North America and Europe.

Who is this we, here? I want this. The people employed in these manufacturing jobs are not people I am concerned about.

When China gets bored with subsidizing our economy, we can spin up new state of the art facilities.

We are being sold a lump go fear, uncertainty and doubt around this stuff by the people who profit off these industries.

[-] Kecessa@sh.itjust.works 2 points 4 weeks ago

You're not concerned about the people around you that won't be able to afford anything? You're not concerned about the cost for society? You're not concerned about the fact that you're exciting jobs to another country that is now a monopoly that can just increase prices however it feels like because other countries don't have any alternatives? You're not concerned about a country you depend on turning around and becoming your enemy?

If you're not concerned about any of that you don't understand much of the world around you buddy.

this post was submitted on 22 Mar 2025

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