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[-] echodot@feddit.uk 7 points 4 weeks ago* (last edited 4 weeks ago)

So a Tesla shareholders going to fire him at some point or what?

[-] MDCCCLV@lemmy.ca 3 points 4 weeks ago

Tesla stock price is like 95% expectations of massive future growth created by the super amazing genius of Elon. If Tesla becomes just a basic car company it will be destroyed.

[-] echodot@feddit.uk 2 points 3 weeks ago

That's not how it works though.

The shareholders know the stock is massively overvalued but that's not useful to them unless they sell now and if they sell now the stock will crash. They know this bubble can't last because they know their global market share is in the toilet and artificially bigging up the stock won't help with that.

this post was submitted on 08 Jun 2025
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