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this post was submitted on 24 May 2025
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This is what I don't understand. Yes, corporations pander to marginalised demographics, but I have not once seen them lose significant income or have been boycotted. Fascist corporations, meanwhile, lost customers and stocks like Target and Tesla.
Like really, who's going broke? Methinks this is projection from the right, or disinformation from state or non-state actors alike to keep the population divided.
What are you talking about? Tesla's stock price is coming back up in line with everyone else. They're actually doing much better than more woke companies like Apple.
Competitors have outsold Tesla as part of boycott, so the stocks won't go back to its peak at $400-410. What is happening is that it simply became pump and dump for most traders (I have been shorting it myself).
Tesla's share price is up 40% in just one month. You can't short when it's rising, unless you want to lose shitloads of money. It's also half way through to full recovery, which should happen within a month more.
What is happening is that everyone who were panic selling lost their money, those who were buying from panicking lemmings got already rich. 40% returns in one month is just fucking bonkers!
Tesla share price has been going up and down in the past couple of months. You are correct it went up 40% broadly speaking, but it is because people have just been pumping and dumping. I guarantee Tesla stocks will crash again as long as Musk is the CEO and the board of directors don't get rid of him.
You can still short as day trade even if the overall market or stocks is going down by exploiting the price movements. But that is more stressful I must admit.
It doesn't matter if it will crash or not - the profits were already reaped.